Coda

Coda

Platform for team collaboration and productivity

About Coda

Simplify's Rating
Why Coda is rated
B+
Rated C on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Enterprise Software

Company Size

201-500

Company Stage

Series D

Total Funding

$291.8M

Headquarters

San Francisco, California

Founded

2014

Overview

Coda.io provides a platform that enhances team collaboration and productivity by merging traditional document features with interactive application capabilities. Users can create, share, and manage documents that integrate with over 600 other tools, allowing for seamless workflows without the need to switch between applications. This integration includes pulling data from Google Calendars, updating Slack, embedding Figma files, and creating Jira tickets. Coda.io operates on a subscription-based model with various pricing tiers, making it accessible for teams of all sizes. The platform also features a gallery of user-generated solutions, showcasing how different teams utilize Coda to improve their processes. The goal of Coda.io is to create a centralized environment that fosters organization and collaboration among diverse clients, including small businesses and large enterprises.

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Simplify's Take

What believers are saying

  • Coda's acquisition by Grammarly may lead to innovative AI-powered productivity tools.
  • Partnership with Snowflake enhances data management capabilities for enterprise users.
  • Coda AI integrates generative AI to improve meeting note summarization and efficiency.

What critics are saying

  • Increased competition from AI-powered tools like Grammarly may shift market dynamics.
  • Partnership with Snowflake could create dependencies affecting Coda's strategic direction.
  • Coda AI may face data privacy challenges amid growing scrutiny on AI technologies.

What makes Coda unique

  • Coda combines documents, spreadsheets, and apps into a single interactive platform.
  • Over 600 integrations allow Coda to centralize workflows and enhance productivity.
  • Coda's subscription model offers scalable solutions for teams of all sizes.

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Funding

Total Funding

$291.8M

Above

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$100M
Coda

Benefits

💵 Competitive salary and equity

🏥 Exceptional medical, dental, and vision plans

🌴 Flexible vacation time with a culture of taking time off to relax and rejuvenate

🍱 Daily lunch stipend and delicious snacks in the office

✈️ Travel to in-person company events, like our Hackathons

🇺🇸 Remote work across all roles anywhere in the US

🚴 Monthly fitness/wellness stipend

📱 $150 per month to cover personal internet and cell-phone costs

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Bloomberg
Dec 17th, 2024
Grammarly Acquires Coda, Bringing On Shishir Mehrotra as New CEO

Grammarly Inc., the maker of artificial intelligence-powered writing assistance software, is acquiring productivity startup Coda in a deal that will also bring it a new chief executive officer.

VentureBeat
Apr 10th, 2024
Exclusive: Snowflake to sync data cloud with Coda after fresh investment

Snowflake is partnering with all-in-one productivity platform Coda, as part of its broader effort to give enterprises new and easy ways to unlock value from their data assets.

Technical.ly
Nov 29th, 2023
These Philly Designers Are Using Generative Ai To Make Cute Maps For Tourists And Explorers

If you only had three days to spend in Philadelphia, what would be on your itinerary?. If you panicked at the thought of narrowing down your options, generative AI company PamPam can help. PamPam (the name is “map map” backward) uses artificial intelligence to create personalized maps and guides. This may come in the form of a walking tour map or guide from a tourist organization, but you can also use it to see what there is to do in your own neighborhood

Journal of Music
Nov 18th, 2023
Coda and Freda Hatton to launch new album - O'Carolan in Song

Coda to launch their newest CD - O'Carolan in Song

TMetric
Jul 18th, 2023
Integrations with Coda.io and Skyvia added

Today Tmetric is happy to roll out new TMetric integrations with Coda.io and Skyvia.

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