About Causal
Causal is a company based in St Albans (United Kingdom) founded in 2019 by Taimur Abdaal and Lukas Kobis was acquired by Lucanet in November 2024.. Causal has raised $25.9 million across 2 funding rounds from investors including Accel, Lucanet and Coatue. The company has 2 employees as of January 31, 2021. Causal offers products and services including Causal Platform and Reporting Tool. Causal operates in a competitive market with competitors including Brightflow AI, Centage, Board, Emma and Up, among others.
- Headquarter St Albans, United Kingdom
- Employees 2 as on 31 Jan, 2021
- Founders Taimur Abdaal, Lukas Kobis
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$35.04 K (USD)0as on Jan 31, 2021
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Net Profit
$-180.24 K (USD)0as on Jan 31, 2021
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EBITDA
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Total Equity Funding
$25.9 M (USD)
in 2 rounds
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Latest Funding Round
$20.16 M (USD), Series A
Mar 25, 2022
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Investors
Accel
& 11 more
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Employee Count
2
as on Jan 31, 2021
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Acquired by
Lucanet
(Nov 01, 2024)
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Products & Services of Causal
Causal offers a comprehensive portfolio of products and services, including Causal Platform and Reporting Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for creating forecasts, budgets, and reports with data integrations.
Feature for visualizing business metrics and historical data.
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Funding Insights of Causal
Causal has successfully raised a total of $25.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20.16 million completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $20.2M
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First Round
First Round
(23 Mar 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Causal | Valuation | Coatue , Accel | |
| Mar, 2021 | Amount | Seed - Causal | Valuation | Accel |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Causal
Causal has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Lucanet and Coatue. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of an investment platform for various stages
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Tech focused Early stage VC Firm investing in Europe and the UK
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Causal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Causal
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Causal Comparisons
Competitors of Causal
Causal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brightflow AI, Centage, Board, Emma and Up, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based AI-driven cash flow forecasting is offered for businesses.
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| domain | founded_year | HQ Location |
Budgeting and planning software solutions for small to medium sized businesses.
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| domain | founded_year | HQ Location |
Cloud-based financial planning and analysis and budgeting solutions for enterprises
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| domain | founded_year | HQ Location |
Money management tools are offered via an app for individuals.
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| domain | founded_year | HQ Location |
Up is recognized as a digital banking platform in Australia.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Causal
Frequently Asked Questions about Causal
When was Causal founded?
Causal was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Causal located?
Causal is headquartered in St Albans, United Kingdom. It is registered at St Albans, Hertfordshire, United Kingdom.
Is Causal a funded company?
Causal is a funded company, having raised a total of $25.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.73M, raised on Mar 23, 2021.
How many employees does Causal have?
As of Jan 31, 2021, the latest employee count at Causal is 2.
What is the annual revenue of Causal?
Annual revenue of Causal is $35.04K as on Jan 31, 2021.
What does Causal do?
Causal was founded in 2019 and is headquartered in St Albans, United Kingdom. Operations focus on the financial technology sector, where cloud-based tools are provided for planning, reporting, and predictive analytics. Services include budget tracking, financial modeling, forecasting, simulations, ROI calculations, sensitivity analysis, and performance marketing. Data visualization and communication of financial metrics are facilitated for business users.
Who are the top competitors of Causal?
Causal's top competitors include Up, Centage and Brightflow AI.
What products or services does Causal offer?
Causal offers Causal Platform and Reporting Tool.
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