About Coefficient
Coefficient.io connects spreadsheets with various data sources to help businesses manage their data more effectively. Its main product is a software-as-a-service (SaaS) platform that allows users to pull live data directly into Google Sheets with just one click. This eliminates the need for manual data entry and updates, making data analysis and reporting faster and more accurate. Coefficient.io stands out from competitors by automating data synchronization and offering pre-built dashboards, which saves time for users. The company's goal is to streamline data management processes for businesses of all sizes, ensuring they can gain insights quickly and efficiently.
Palo Alto, CaliforniaHeadquarters
2020Year Founded
$24MTotal Funding
SERIES_ACompany Stage
Data & Analytics, Enterprise SoftwareIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Parental Leave
401(k) Retirement Plan
Remote Work Options
Risks
Increased competition from Google Sheets' People Chips may reduce demand for Coefficient's tools.
Reliance on Google Sheets poses a risk if Google implements similar integration features.
Rapid scaling post-$18M funding may lead to operational challenges affecting service quality.
Differentiation
Coefficient turns spreadsheets into a business operating system with real-time data connectivity.
The platform connects Google Sheets to any source system with a single click.
Coefficient offers pre-built dashboards, automating data synchronization for accurate data analysis.
Upsides
Coefficient raised $18M Series A to enhance data and automation tools for spreadsheets.
The rise of no-code platforms aligns with Coefficient's no-code solution strategy.
Increasing demand for real-time data analytics supports Coefficient's focus on real-time connectivity.
Funding
Total raised$24.03 M
Latest valuation$90.00 M
StageSERIES_A
SERIES A
10/31/2022$18
$90.00 MSEED
9/30/2021$7
$33.50 M