When was Codat founded?

Codat was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Codat located?

Codat is headquartered in London, United Kingdom.

Who is the current CEO of Codat?

Peter Lord of Codat. They have also founded 1 company.

Which legal entities is Codat associated with?

Codat is associated with CODAT LIMITED.

How many employees does Codat have?

As of Oct 31, 2026, the latest employee count at Codat is 101.

Is Codat a funded company?

Codat is a funded company, having raised a total of $172M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 24, 2017.

How much is Codat worth?

The latest valuation of Codat is $***** as of Jun 09, 2022.

When was the latest funding round of Codat?

Codat's latest funding was a $***** Series C round on Jun 08, 2022, with participation from 6 investors.

What is the annual revenue of Codat?

Annual revenue of Codat is between £10M and £50M as on Dec 31, 2024

Where does Codat rank among its competitors?

Codat ranks 5th amongst 286 active competitors, of which 92 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Tarabut, which secured $50M in Sep, 2026.

Who are the top competitors of Codat?

Codat's top competitors include Yodlee, Mambu and MX. Among them, Tarabut secured the most recent funding round in September, 2026.

Codat - 2026 Company Profile, Team, Funding, Competitors & Financials

Codat is a series C company based in London (United Kingdom), founded in 2017 by David Hoare, Alexander Cardona and Peter Lord. It operates as a Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses. Codat has raised $172M in funding from investors like American Express, Index Ventures and J P Morgan, with a current valuation of $*****. The company has 286 active competitors, including 92 funded and 29 that have exited. Its top competitors include companies like Yodlee, Mambu and MX.

Company Details

Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses. It features a single API platform providing seamless integrations with multiple data source software including accounting, banking, and e-commerce. It supports both cloud and on-premise versions of customers accounting software. It also provides services to a wide variety of clients, including banks, insurers, business leaders, and software providers.

Website: codat.io
Social
Email ID: *****@codat.io

Key Metrics

Founded Year

2017

Location

London, United Kingdom

Stage

Series C

Total Funding

$172M in 10 rounds

Latest Funding Round

Series C, Jun 08, 2022, $*****

Post Money Valuation

$***** as on Jun 09, 2022

Investors

American Express & 53 more

Ranked

5^th among 286 active competitors

Annual Revenue

£10M - £50M as on Dec 31, 2024

Employee Count

101 as on Oct 31, 2026

Similar Companies

Yodlee & 261 more

View Codat's full profile

Codat is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
CODAT LIMITED CIN: 10480375 , United Kingdom, Active	Nov 14, 2016	£10M - £50M (As on Dec 31, 2024)	108 (As on Dec 31, 2024)

Codat has raised a total funding of $172M over 10 rounds. Its first funding round was on Feb 24, 2017. Its latest funding round was a Series C round on Jun 08, 2022 for $*****. 6 investors participated in its latest round. Codat has 19 institutional investors and 35 angel investors.

Here is the list of recent funding rounds of Codat:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 08, 2022	6002101	Series C	7955809	5522706	7999985	7109373
Oct 21, 2021	6231277	Grant (prize money)	2064065	2832623	1552512	BCR
Jun 11, 2021	2097891	Series B	6291366	7842587	Tiger Global Management	Stripe & 4 more

Access funding benchmarks and valuations. Sign up today!

View details of Codat's funding rounds and investors

The founders of Codat are David Hoare, Alexander Cardona and Peter Lord. Peter Lord is the CEO of Codat.

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

David Hoare: Co-Founder of Codat. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Alexander Cardona: Co-Founder of Codat. They serve on the board of 1 company.
Contact Info: 1 email address
Peter Lord: Co-Founder & CEO of Codat. They serve on the board of 1 company.
Contact Info: 2 email addresses

Codat's Board of Directors

Codat's board has 4 active members. David Hoare, Alexander Cardona and Peter Lord are part of team and Stephane Kurgan is independent board member.

Here is the list of Codat's board of directors:

Name	Type	Representing	Status	Duration
David Hoare	Team	-	Current	9y 10m
Alexander Cardona	Team	-	Current	9y 10m
Peter Lord	Team	-	Current	9y 10m
Stephane Kurgan	Independent board member	-	Current	4y 11m
swhzacy	Independent board member	-	Past	6y 7m

View details of Codat's Founder profiles and Board Members

Codat's employee count trend

Codat has 101 employees as of Oct 26. Here is Codat's employee count trend over the years:

Uncover Codat's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Codat include Yodlee, Mambu and MX. Here is the list of Top 10 competitors of Codat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Yodlee 1999, Redwood City (United States), Acquired	Provider of cloud-based financial data aggregation and analytics	$84.3M	Warburg Pincus, Bank of America & 17 others	74/100
2nd	Mambu 2011, Amsterdam (Netherlands), Series E	Provider of cloud banking platform delivering composable banking and financial experiences	$446M	TCV, EQT & 15 others	73/100
3rd	MX 2010, Lehi (United States), Series C	Provider of data-driven analytics and open banking API for businesses	$610M	Album VC, TTV Capital & 36 others	69/100
4th	Plaid 2012, San Francisco (United States), Series E	Provider of a network for connecting financial accounts to applications	$1.32B	New Enterprise Associates, Spark Capital ... & 75 others	69/100
5th	Codat 2017, London (United Kingdom), Series C	Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses	$172M	Company Capital, American Express & 52 others	65/100
6th	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, Kibo Ventures & 28 others	69/100
7th	Lean 2019, Riyadh (Saudi Arabia), Series B	Provider of open banking platform for financial data and payments	$104M	Peak XV Partners, Raed Ventures & 29 others	68/100
8th	Bud 2015, London (United Kingdom), Series B	Developer of open banking API and financial data analysis for businesses	$103M	Goldman Sachs, HSBC & 41 others	67/100
9th	Finicity 1999, Salt Lake City (United States), Acquired	Open banking aggregation API solutions	$80M	Experian, Angelneers & 2 others	63/100
10th	Tarabut 2017, Manama (Bahrain), Series A	Provider of open banking infrastructure and embedded finance solutions. It offers a platform enabling access to real-time financial data, facilitating seamless payments, and embedding financial services into various applications. The platform supports the development of innovative financial products and services, improving access to credit and financial management tools. Its services include Banking-as-a-Service (BaaS) capabilities, data analytics tools, and embedded finance solutions for businesses and institutions. The company focuses on building secure and scalable infrastructure to support the growth of the open finance ecosystem.	$107M	Tiger Global Management, Target Global & 16 others	63/100