Coefficient

Coefficient

Connects spreadsheets to live data sources

About

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 a single 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 access real-time insights without the hassle of manual work.

Company Stage

Series A

Employees

51-200

Industries

Data & Analytics, Consumer Software, Enterprise Software

Total Funding

$24M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • The recent $18M Series A funding round provides significant capital for product development and market expansion.
  • Partnerships with high-profile firms like Evermark Homes demonstrate Coefficient.io's growing influence and potential for large-scale implementations.
  • The introduction of features like People Chips in Google Sheets enhances collaboration, making Coefficient.io's platform even more valuable for business teams.

What critics are saying

  • The competitive landscape of data integration and business intelligence is crowded, requiring Coefficient.io to continuously innovate to maintain its edge.
  • Reliance on Google Sheets as a primary platform could limit market reach if competitors offer more versatile integrations.

What makes Coefficient unique

  • Coefficient.io uniquely focuses on integrating live data into Google Sheets, a niche yet powerful capability that sets it apart from broader business intelligence tools.
  • Their no-code solution democratizes data access, allowing non-technical users to perform complex data analysis without needing specialized skills.
  • The SaaS model with tiered pricing ensures accessibility for businesses of all sizes, from startups to large enterprises.

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Growth & Insights
Headcount

6 month growth

13%

1 year growth

25%

2 year growth

122%

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