When was Cocoon founded?

Cocoon was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Cocoon located?

Cocoon is headquartered in San Francisco, United States.

Who is the current CEO of Cocoon?

Mahima Chawla of Cocoon. They have also founded 1 company.

Which legal entities is Cocoon associated with?

Cocoon is associated with Cocoon and 2 others.

How many employees does Cocoon have?

As of Dec 31, 2022, the latest employee count at Cocoon is 58.

Is Cocoon a funded company?

Cocoon is a funded company, having raised a total of $25.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 2020.

When was the latest funding round of Cocoon?

Cocoon's latest funding was a $***** Series A round on Sep 29, 2021, with participation from 5 investors.

Where does Cocoon rank among its competitors?

Cocoon ranks 2nd amongst 97 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Sparrow, which secured $35M in Jul, 2025.

Who are the top competitors of Cocoon?

Cocoon's top competitors include Sparrow, Day Off and Sparrow. Among them, Sparrow secured the most recent funding round in July, 2025.

Cocoon - 2026 Company Profile, Team, Funding & Competitors

Cocoon is an acquired company based in San Francisco (United States), founded in 2020 by Amber Feng, Mahima Chawla and Lauren Dai. It operates as a Provider of employee leave management software. Cocoon has raised $25.5M in funding from Index Ventures. The company has 97 active competitors, including 4 funded and 7 that have exited. Its top competitors include companies like Sparrow, Day Off and Sparrow.

Company Details

Provider of employee leave management software. It is an HR tech company that automates compliance, claims, and payroll for employee leave experience management. The features include leave designing and planning, payroll tracking, claims management, pay calculator, reports generation, and more. It is a tool available on the subscription based pricing model.

Website: www.cocoon.com/
Social
Email ID: *****@cocoon.com
Phone Number: +1 **********
Part Of

Key Metrics

Founded Year

2020

Location

San Francisco, United States

Stage

Acquired

Total Funding

$25.5M in 2 rounds

Latest Funding Round

Series A, Sep 29, 2021, $*****

Investors

Index Ventures & 5 more

Ranked

2^nd among 97 active competitors

Employee Count

58 as on Dec 31, 2022

Similar Companies

Sparrow & 115 more

Exit Details

Acquired by TriNet (Apr 09, 2026)

View Cocoon's full profile

Cocoon is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cocoon CIN: 40003962119 , Latvia, Active	Oct 12, 2007	$90.3K (As on Dec 31, 2024)	5 (As on Dec 31, 2022)	-
COCOON FINANCIAL SERVICES, INC. CIN: 20211531896 , United States, Active	Jun 04, 2021	-	-	-
COCOON FINANCIAL SERVICES, INC. CIN: 851370523 , United States, Active	Dec 31, 1999	-	60 (As on Dec 31, 2024)	-

Cocoon got acquired by TriNet on Apr 09, 2026.

Click here to take a look at Cocoon's acquisition in detail

Cocoon has raised a total funding of $25.5M over 2 rounds. Its first funding round was on Dec 2020. Its latest funding round was a Series A round on Sep 29, 2021 for $*****. 5 investors participated in its latest round. Cocoon has 6 institutional investors.

Here is the list of recent funding rounds of Cocoon:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 29, 2021	8834205	Series A	4679005	3483794	2195543	8661298
Dec 2020	1077085	Seed	2477112	8647785	1121598	First Round Capital & 1 more

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View details of Cocoon's funding rounds and investors

The founders of Cocoon are Amber Feng, Mahima Chawla and Lauren Dai. Mahima Chawla is the CEO of Cocoon.

Here are the details of Cocoon's key team members:

Amber Feng: CTO & Co-founder of Cocoon.
Mahima Chawla: Co-Founder & CEO of Cocoon and founder of 1 other company.
Contact Info: 1 email address
Lauren Dai: Co-Founder of Cocoon and founder of 1 other company.
Contact Info: 1 email address

View details of Cocoon's Founder profiles and Board Members

Cocoon's employee count trend

Cocoon has 58 employees as of Dec 22. Here is Cocoon's employee count trend over the years:

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Top competitors of Cocoon include Sparrow, Day Off and Sparrow. Here is the list of Top 10 competitors of Cocoon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sparrow 2018, San Francisco (United States), Series B	Leave management solution for enterprises	$64M	SLW, WndrCo & 3 others	61/100
2nd	Cocoon 2020, San Francisco (United States), Acquired	Provider of employee leave management software	$25.5M	XYZ Venture Capital, SemperVirens & 4 others	51/100
3rd	Day Off 2018, London (United Kingdom), Unfunded	Mobile app to manage employees’ leaves, absence, sick leave, time off, and vacations	-	-	39/100
4th	Sparrow 2018, San Francisco (United States), Late Stage	Provider of automated employee leave management software and expert support	$64M	-	37/100
5th	Goodbook 2023, Bengaluru (India), Unfunded	Attendance management platform	-	-	36/100
6th	Aidora 2023, San Francisco (United States), Seed	Cloud based platform offering leave management solutions	$2.72M	-	35/100
7th	e-days 2004, Nottingham (United Kingdom), Seed	Cloud-based employee absence management software	-	Sanne Trustee Services Limited, Yorkshire Bank ... & 8 others	34/100
8th	LeaveLogic 2013, Seattle (United States), Acquired	Cloud-based HRMS platform for leave management	$900K	WTIA	33/100
9th	Reed Group 2010, Westminster (United States), Acquired	Digital human capital solutions provider, enhancing employee experience and organizational outcomes	-	-	32/100
10th	MHP 1995, Las Palmas de Gran Canaria (Spain), Unfunded	Leave and attendance management system for enterprises	-	-	32/100