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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.
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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
Ranked
Employee Count
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
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Coefficient's founders and board of directors

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The 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:

Coefficient's employee count trend

Coefficient has 23 employees as of Dec 24. Here is Coefficient's employee count trend over the years:
Employee count trend for Coefficient
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Software AG
Software AG
1969, Darmstadt (Germany), Acquired
Provider of digital transformation solutions, services, and enterprise application products
-
76/100
2nd
Logo for Confluent
Confluent
2014, Mountain View (United States), Acquired
Provider of a platform for data streaming and event processing
$456M
71/100
3rd
Logo for Cleo
Cleo
2012, Rockford (United States), Acquired
Cloud-based platform for EDI
$83.5M
69/100
4th
Logo for Sigma
Sigma
2014, San Francisco (United States), Series D
Provider of a platform for building AI applications and analytics
$662M
66/100
5th
Logo for Adeptia
Adeptia
2000, Chicago (United States), Series C
Cloud based data integration platform for enterprises
$65M
64/100
6th
Logo for Boomi
Boomi
2000, Berwyn (United States), Acquired
Cloud based API management and ipaas solutions
$5.15M
63/100
7th
Logo for Digibee
Digibee
2017, Weston (United States), Series B
Cloud-based platform offering data integration solutions
$96.2M
63/100
8th
Logo for Adverity
Adverity
2015, Vienna (Austria), Series D
Provider of a platform for marketing data integration and intelligence
$166M
62/100
9th
Logo for Denodo
Denodo
2016, Palo Alto (United States), Series B
AI powered data management software for enterprises
$336M
61/100
10th
Logo for Talend Sa
Talend Sa
2005, Redwood City (United States), Acquired
Provider of data integration, data quality, analytics, and AI solutions
$102M
61/100
16th
Logo for Coefficient
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

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