Coefficient - About the company
Coefficient is a series A company based in Palo Alto (United States), founded in 2015 by Tommy Tsai and Navneet Loiwal. It operates as a Cloud-based platform for workflow automation. Coefficient has raised $24.7M in funding from Battery Ventures and Foundation Capital. The company has 368 active competitors, including 37 funded and 37 that have exited. Its top competitors include companies like Software AG, Confluent and Cleo.
Company Details
Cloud-based platform for workflow automation. It enables the pull of relevant enterprise data from any system, spreadsheet, and file. It automates all workflows, import, export, and clean-up. The platform can be integrated with Salesforce, HubSpot, Google Analytics, looker, etc. It is the tool available on the subscription-based pricing model.
- Website
- coefficient.io
- Email ID
- *****@coefficient.io
Key Metrics
Founded Year
2015
Location
Palo Alto, United States
Stage
Series A
Total Funding
$24.7M in 2 rounds
Latest Funding Round
Investors
Ranked
16th among 368 active competitors
Employee Count
23 as on Dec 31, 2024
Similar Companies
Legal entities associated with Coefficient
Coefficient is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
COEFFICIENT WORKS, INC. CIN: 841839470 , United States, Active | Dec 31, 1999 | - | 23 (As on Dec 31, 2024) | - |
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Coefficient's funding and investors
Coefficient has raised a total funding of $24.7M over 2 rounds. Its first funding round was on Oct 26, 2021. Its latest funding round was a Series A round on Nov 10, 2022 for $*****. 3 investors participated in its latest round. Coefficient has 5 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Coefficient:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 10, 2022 | 8142697 | Series A | 7282764 | 4121693 | 6201114 | 4964994 |
Oct 26, 2021 | 5558918 | Seed | 7289403 | 7147188 |
View details of Coefficient's funding rounds and investors
Coefficient's founders and board of directors
Founder? Claim ProfileThe founders of Coefficient are Tommy Tsai and Navneet Loiwal. Navneet Loiwal is the CEO of Coefficient.
Here are the details of Coefficient's key team members:
- Tommy Tsai: Co-Founder of Coefficient and founder of 2 other companies, Locus Ventures and Shopular.
- Navneet Loiwal: Co-Founder & CEO of Coefficient and founder of 1 other company. Contact Info: 1 email address
View details of Coefficient's Founder profiles and Board Members
Coefficient's employee count trend
Coefficient has 23 employees as of Dec 24. Here is Coefficient's employee count trend over the years:
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Coefficient's Competitors and alternates
Top competitors of Coefficient include Software AG, Confluent and Cleo. Here is the list of Top 10 competitors of Coefficient, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Software AG 1969, Darmstadt (Germany), Acquired | Provider of digital transformation solutions, services, and enterprise application products | - | 76/100 | |
2nd | Confluent 2014, Mountain View (United States), Acquired | Provider of a platform for data streaming and event processing | $456M | 71/100 | |
3rd | Cleo 2012, Rockford (United States), Acquired | Cloud-based platform for EDI | $83.5M | 69/100 | |
4th | Sigma 2014, San Francisco (United States), Series D | Provider of a platform for building AI applications and analytics | $662M | 66/100 | |
5th | Adeptia 2000, Chicago (United States), Series C | Cloud based data integration platform for enterprises | $65M | 64/100 | |
6th | Boomi 2000, Berwyn (United States), Acquired | Cloud based API management and ipaas solutions | $5.15M | 63/100 | |
7th | Digibee 2017, Weston (United States), Series B | Cloud-based platform offering data integration solutions | $96.2M | 63/100 | |
8th | Provider of a platform for marketing data integration and intelligence | $166M | 62/100 | ||
9th | Denodo 2016, Palo Alto (United States), Series B | AI powered data management software for enterprises | $336M | 61/100 | |
10th | Talend Sa 2005, Redwood City (United States), Acquired | Provider of data integration, data quality, analytics, and AI solutions | $102M | 61/100 | |
16th | Coefficient 2015, Palo Alto (United States), Series A | Cloud-based platform for workflow automation | $24.7M | 48/100 |
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Coefficient's Investments and acquisitions
Coefficient has made no investments or acquisitions yet.
News related to Coefficient
•
Coefficient Raises $18M Series A to Bring the Power of Data and Automation to Spreadsheet Users, Announces New Product PlansBusiness Wire•Nov 10, 2022•Coefficient, Battery Ventures, S28 Capital, Foundation Capital and 1 other
•
Data quality platform startup Anomalo raises $33M, launches into general availabilitySiliconAngle•Oct 29, 2021•Anomalo, Norwest Venture Partners, Two Sigma Ventures, Foundation Capital and 4 others
•
Coefficient Raises $6.7 Million Seed Fundingsvdaily.com•Oct 26, 2021•Coefficient, Foundation Capital, S28 Capital
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