About Coda
Coda is a company based in San Francisco (United States) founded in 2014 by Alex Deneui and Shishir Mehrotra was acquired by Grammarly in December 2024. It operates as a SaaS (Software-as-a-Service), and Freemium. Coda has raised $240 million across 3 funding rounds from investors including Grammarly, Kleiner Perkins and Khosla Ventures. Coda offers products and services including Coda Platform, Coda AI, and Coda Brain. Coda operates in a competitive market with competitors including Atlassian, Asana, monday.com, UserZoom and Clickup, among others.
- Headquarter San Francisco, United States
- Founders Alex Deneui, Shishir Mehrotra
- Stage Unicorn
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Sectors
Technology
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Email
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Website
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Social
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- Legal Name Coda
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Products & Services of Coda
Coda offers a comprehensive portfolio of products and services, including Coda Platform, Coda AI, and Coda Brain. 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.
A platform for team collaboration and workflow management.
AI assistant for content creation and data insights.
AI platform for efficient data handling and analysis.
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Funding Insights of Coda
Coda has successfully raised a total of $240M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in July 2021. 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 3
- Last Round Series D — $100.0M
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First Round
First Round
(19 Oct 2017)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Series D - Coda | Valuation | Kleiner Perkins | |
| Aug, 2020 | Amount | Series C - Coda | Valuation | Kleiner Perkins | |
| Oct, 2017 | Amount | Series B - Coda | Valuation | Greylock , Khosla Ventures |
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| 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 |
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Investors in Coda
Coda has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Grammarly, Kleiner Perkins and Khosla Ventures. 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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Venture capital firm investing in early-stage tech startups
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Venture capital firm specializing in early-stage tech investments and founder support.
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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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Investments & Acquisitions by Coda
| 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 - Coda
| 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 |
Coda Comparisons
Competitors of Coda
Coda 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 Atlassian, Asana, monday.com, UserZoom and Clickup, 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 |
Cloud-based enterprise collaboration suites are delivered for team productivity.
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Cloud-based project management software is offered for teams.
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| domain | founded_year | HQ Location |
Cloud-based platform for project management and team tracking is offered.
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| domain | founded_year | HQ Location |
Cloud-based platform for user experience research and testing is utilized.
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| domain | founded_year | HQ Location |
Cloud based project management platform
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Coda
Frequently Asked Questions about Coda
When was Coda founded?
Coda was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Coda located?
Coda is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Coda?
Shishir Mehrotra is the current CEO of Coda. They have also founded this company.
Is Coda a funded company?
Coda is a funded company, having raised a total of $240M across 3 funding rounds to date. The company's 1st funding round was a Series B of $60M, raised on Oct 19, 2017.
What does Coda do?
Coda is established as a versatile platform that integrates team collaboration, document creation, and workflow management. It is utilized across various sectors including product management, sales, engineering, design, marketing, and HR. Solutions are provided for planning, OKRs, meetings, and project management, with customizable templates and integrations for tools like Google Calendar, Slack, Figma, and Jira. Teams are supported in centralizing strategies, schedules, and data through hubs, trackers, and applications, fostering organized and efficient work environments.
Who are the top competitors of Coda?
Coda's top competitors include Atlassian, monday.com and Clickup.
What products or services does Coda offer?
Coda offers Coda Platform, Coda AI, and Coda Brain.
Who are Coda's investors?
Coda has 13 investors. Key investors include Grammarly, Kleiner Perkins, Khosla Ventures, Ontario Teachers' Pension Plan, and General Catalyst.
What is Coda's valuation?
The valuation of Coda is $1.4B as of Jul 2021.
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