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Coda

Remote Work Tools
No-code Software
Segments:
Project management
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Product stage:
Growth
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Coda blends a word processor and spreadsheet into a single new canvas, enabling users to edit and create a single doc similar to an app. The company was founded in 2014 but officially launched at the beginning of 2019. Coda’s CEO and co-founder, Shishir Mehrotra previously held senior roles at Microsoft and YouTube. It's goal - rather than have separate platforms for spreadsheets, documents, presentations, users could create all this in one place, and then transform into a web application. It's subscription-based plans include a freemium version and paid plans starting at USD 10 per user per month.

The company claims it has grown to more than 25,000 teams as of July 2021.Customers are said to include individual networks of users at companies that include Uber, The New York Times, and Spotify.

In July 2021, Coda raised USD 100 million in a Series D round led by the Ontario Teachers’ Pension Plan. The round included the participation of Kleiner Perkins, General Catalyst, Greylock, and Khosla Ventures. This round follows its USD 80 million Series C funding round in August 2020. The new funding comes at a valuation of USD 1.4 billion, more than double its valuation in the previous round. The fresh funds are expected to be allocated for product development, which includes working on its core document editor and expanding its reach with its plug-in, Packs. Furthermore, it plans to double its employee base by July 2022.

Remote Work Tools

Remote Work Tools

Key stats
Featured companies
245
Total funding (USD)
12.1 Bn
Total addressable market (USD)
32.9 Bn
Key competitors
 
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Product Overview
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Company profile
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Recent Updates

Funding
Jul 8, 2021
Coda raises USD 100 million in a Series D funding round
Remote Work Tools

Company Brief


HQ location:
340 Brannan Street Suite 301 San Francisco CA USA
Founded year:
2014
Employees:
101-250
Total Funding:
USD 240.0 million

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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