About Coba
Coba is a company based in Austin (United States) founded in 2021 by Carlos Alberto Medellin Gonzalez, Eduardo Lopez De, Abraham Kuri Vargas, and Joseph Saliba.. Coba has raised $2.2 million across 1 funding round from investors including Alaya Capital Partners, Switch Ventures and Banco BASE. Coba offers products and services including Coba Professional, Coba Business, Coba Infrastructure, Automated Tax Reporting, and Quick Cash. Coba operates in a competitive market with competitors including Tydy, Enboarder, Trainual, deeploi and IN-D, among others.
- Headquarter Austin, United States
- Founders Carlos Alberto Medellin Gonzalez, Eduardo Lopez De, Abraham Kuri Vargas, Joseph Saliba
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.2 M (USD)
in 1 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Feb 09, 2024
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Investors
Alaya Capital Partners
& 3 more
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Employee Count
Employee Count
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Products & Services of Coba
Coba offers a comprehensive portfolio of products and services, including Coba Professional, Coba Business, Coba Infrastructure, Automated Tax Reporting, and Quick Cash. 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.
Platform for managing USD payments and tax invoices for freelancers.
Tools for global billing, payments, and currency management.
Programmable infrastructure for fintechs to handle payouts and FX.
Service for generating and submitting tax reports with expert support.
Instant access to funds for urgent financial needs.
Funding Insights of Coba
Coba has successfully raised a total of $2.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.2 million completed in February 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 — $2.2M
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First Round
First Round
(09 Feb 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Seed - Coba | Valuation | Alaya Capital Partners , Switch |
| 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 Coba
Coba has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Alaya Capital Partners, Switch Ventures and Banco BASE. 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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Early-stage startups are invested in by sector-agnostic venture capital firm.
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Founded Year | Domain | Location | |
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Seed-stage technology investments are targeted by Switch venture capital firm.
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Founded Year | Domain | Location | |
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Offers foreign exchange, digital accounts, and loans for business treasury management in Mexico.
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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 Coba
| 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 - Coba
| 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 |
Coba Comparisons
Competitors of Coba
Coba 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 Tydy, Enboarder, Trainual, deeploi and IN-D, 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 |
Mobile-based employee onboarding and engagement software is offered.
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| domain | founded_year | HQ Location |
Enterprise onboarding is streamlined via workflows and rich media.
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| domain | founded_year | HQ Location |
Educational training and process management software is provided for businesses.
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| domain | founded_year | HQ Location |
Network management, operations, cybersecurity, and support services are provided.
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| domain | founded_year | HQ Location |
AI-enabled KYC and employee onboarding solution
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Coba
When was Coba founded?
Coba was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Coba located?
Coba is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Coba?
Joseph Saliba is the current CEO of Coba. They have also founded this company.
Is Coba a funded company?
Coba is a funded company, having raised a total of $2.2M across 1 funding round to date. The company's 1st funding round was a Seed of $2.2M, raised on Feb 09, 2024.
What does Coba do?
Coba was founded in 2021 and is headquartered in Austin, United States. An online platform is provided for employee onboarding processes within the HR technology sector. Services focus on streamlining new hire integration through digital tools and workflows. Operations are centered in the U.S., supporting businesses with efficient onboarding solutions. Co-founders include Joseph Saliba as CEO and others in technical and leadership roles.
What products or services does Coba offer?
Coba offers Coba Professional, Coba Business, Coba Infrastructure, Automated Tax Reporting, and Quick Cash.
Who are Coba's investors?
Coba has 4 investors. Key investors include Alaya Capital Partners, Switch Ventures, Banco BASE, and Topaz Transforma.
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