Coconut

London, United Kingdom Founded: 2016 • Age: 10 yrs
An online accounting platform is offered for freelancing traders.

About Coconut

Coconut is a Technology company based in London (United Kingdom) founded in 2016. An online accounting platform is offered for freelancing traders. Coconut has raised $7.88 million across 5 funding rounds from investors including Crowdcube and Techstars. Its website getcoconut.com draws about 33 thousand monthly visits. Coconut offers products and services including Coconut App, Invoicing Tool, and Tax Calculator. Its focus areas include Gig Economy, Freelancer IT, Financial Solutions and Accounting and Invoicing. Its legal entity is COCONUT PLATFORM LTD.

Company details

Coconut was founded in 2016 in London, United Kingdom. An online accounting platform is provided for freelancing traders in the financial software sector. Core operations include invoice management, expense tracking, general accounting, notification handling, and income monitoring. The platform operates on a subscription-based pricing model and supports finance management needs for independent professionals.

  • Headquarters London, United Kingdom
  • Sectors
    Technology
  • Website getcoconut.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Coconut Platform Ltd
  • Date of Incorporation 07 Dec, 2015
  • Jurisdiction OLDHAM, UNITED KINGDOM
Key Metrics
  • Total Equity Funding
    $7.88M (USD)

    in 5 rounds

  • Latest Funding Round
    $403.12K (USD), Series A

    Nov 2022

  • Investors
    Crowdcube

    & 1 more

Products & Services of Coconut

Coconut offers a comprehensive portfolio of products and services, including Coconut App, Invoicing Tool, and Tax Calculator.

Coconut App
Accounting Software

Mobile app for tracking income and expenses for self-employed users.

Invoicing Tool
Financial Management

Feature for sending and tracking branded invoices quickly.

Tax Calculator
Tax Tools

Tool to estimate and set aside taxes for sole traders.

Apps and channels of Coconut

Coconut publishes 1 mobile app with over 10K+ downloads.

Coconut | Accounting & tax
Google Play Finance Everyone Free 10K+ downloads
Developer: Coconut Platform Ltd
View on Google Play

Funding Insights of Coconut

Coconut has successfully raised a total of $7.88M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $403.12 thousand completed in November 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 $7.88M
  • Total Rounds 5
  • Last Round Series A β€” $403,118
  • First Round $700,000

    (Jun 2017)

  • Investors Count 2

All 5 funding rounds of Coconut with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$403,118Series A––
Jul 2021$1.29MSeries A––
–
Jul 2020$3.09MSeries A––
–
Nov 2018$2.39MSeed––
–
Jun 2017$700,000Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in Coconut

Coconut has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Crowdcube and Techstars.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startups are accelerated globally without sector restrictions through structured programs.
2006techstars.comNew York, United States
Equity crowdfunding is enabled for startups and growing businesses.
2010crowdcube.comExeter, United Kingdom
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Investor details for Coconut

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

Timeline of Coconut

3 dated milestones of Coconut across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Coconut is founded.
  2. Funding First funding round of $700K.
  3. Funding Latest funding round, Series A, of $403K.

Web traffic of Coconut

The website of Coconut (getcoconut.com) receives about 32.7K visits a month.

  • Monthly visits
    32.7K

    ▲ 73.8% vs previous month

Similar websites

Websites whose visitors overlap most with Coconut. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gosimpletax.com
100%
185.8K#348,995View details
rossmartin.co.uk
93%
52.2K#793,345View details
anna.money
90%
226.9K#192,669View details
taxaid.org.uk
taxaid.org.uk
88%
#619,680–
openbanking.org.uk
openbanking.org.uk
88%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 15 similar websites and full traffic analytics for Coconut

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  • 15 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Coconut

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Frequently Asked Questions about Coconut

Coconut was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Coconut is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Coconut is a funded company, having raised a total of $7.88M across 5 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Jun 2017.

Coconut was founded in 2016 in London, United Kingdom. An online accounting platform is provided for freelancing traders in the financial software sector. Core operations include invoice management, expense tracking, general accounting, notification handling, and income monitoring. The platform operates on a subscription-based pricing model and supports finance management needs for independent professionals.

Coconut offers Coconut App, Invoicing Tool, and Tax Calculator.

Coconut has 2 investors. Key investors include Crowdcube, and Techstars.

Coconut operates through Coconut Platform Ltd.

Yes. Coconut publishes Coconut | Accounting & tax, with over 10,000 downloads.

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