About coana
coana is a company based in Aarhus (Denmark) founded in 2021 by Anders Sondergaard was acquired by Socket in April 2025.. coana has raised $1.6 million across 1 funding round from investors including Socket, Sequoia Capital and Essence VC. The company has 8 employees as of November 30, 2024. coana offers products and services including Reachability Analysis, Assisted Triaging, and Auto-Fixing. coana operates in a competitive market with competitors including Semgrep, CodeSee, Coverity, Qodo and Code Climate, among others.
- Headquarter Aarhus, Denmark
- Employees 8 as on 30 Nov, 2024
- Founders Anders Sondergaard
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Coana Aps
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Products & Services of coana
coana offers a comprehensive portfolio of products and services, including Reachability Analysis, Assisted Triaging, and Auto-Fixing. 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.
Static tool to identify reachable vulnerabilities in code dependencies
Helps prioritize vulnerabilities for efficient remediation
Automates updates for identified security issues in dependencies
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Funding Insights of coana
coana has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in January 2024. 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 1
- Last Round Seed — $1.6M
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First Round
First Round
(23 Jan 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Seed - coana | Valuation | Sequoia Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in coana
coana has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Socket, Sequoia Capital and Essence VC. 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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Sequoia Capital is engaged in venture capital investments.
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Early-stage venture capital is provided by Essence VC, focusing on infrastructure startups.
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Founded Year | Domain | Location | |
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TL
Taylor Lehmann |
Angel investor focusing on Indian startups, based in India.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 coana
| 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 - coana
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Coana Comparisons
Competitors of coana
coana 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 Semgrep, CodeSee, Coverity, Qodo and Code Climate, 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 |
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| domain | founded_year | HQ Location |
Code analysis and review are provided through an AI-powered platform.
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Code reviews are enabled by AI-powered dependency visualization.
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Intelligent code and test analysis tools are provided for developers.
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AI tools for code writing, testing, and review are offered.
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Automated code review is delivered to reduce technical debt.
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Cross-platform software tools are provided for mission-critical development.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about coana
When was coana founded?
coana was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is coana located?
coana is headquartered in Aarhus, Denmark.
Who is the current CEO of coana?
Anders Sondergaard is the current CEO of coana. They have also founded this company.
Is coana a funded company?
coana is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Jan 23, 2024.
How many employees does coana have?
As of Nov 30, 2024, the latest employee count at coana is 8.
What does coana do?
Coana was founded in 2021 in Aarhus, Denmark, within the software security sector. A cloud platform is utilized for automated code reviews, where code is analyzed to detect vulnerabilities. Real-time remediation is enabled for users, supporting secure development practices across various programming environments. Operations focus on integrating analysis tools into development workflows for efficient vulnerability management.
Who are the top competitors of coana?
coana's top competitors include Code Climate, Semgrep and Qodo.
What products or services does coana offer?
coana offers Reachability Analysis, Assisted Triaging, and Auto-Fixing.
Who are coana's investors?
coana has 6 investors. Key investors include Socket, Sequoia Capital, Essence VC, Taylor Lehmann, and Kamal Shah.
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