C

Coefficient

Connects spreadsheets to live data sources

Overview

Coefficient.io helps teams connect spreadsheets to cloud data sources, pulling live data into Google Sheets with one-click connections. It automates data synchronization and provides pre-built dashboards to speed up analysis and reporting. It stands out by delivering live data directly in Sheets through simple integrations and ready-made dashboards, avoiding complex ETL pipelines. Its goal is to automate data management so businesses gain faster, more reliable insights while reducing manual data updates.

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About Coefficient

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

Industries

Data & AnalyticsEnterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$24.7M

Headquarters

San Mateo, CA

Founded

2020

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Simplify's take

What believers are saying

  • Coefficient’s careers page, updated October 27, 2026, shows six open roles.
  • Its November 2026 homepage claims 700,000+ users and 50,000+ companies.
  • The June 2026 Snowflake page says Coefficient serves 700+ Snowflake customers.

What critics are saying

  • Google and Microsoft can bundle native connectors, crushing Coefficient’s add-on economics by 2027.
  • Airtable, Coupler.io, and Supermetrics attack the same spreadsheet automation buyer with similar workflows.
  • If spreadsheets lose business-user primacy, Coefficient’s core product becomes a fragile niche.

What makes Coefficient unique

  • Coefficient embeds live operations data directly inside Google Sheets and Excel.
  • Its November 2026 site claims 150+ integrations and two-way sync.
  • Coefficient’s AI builder turns spreadsheets into automated dashboards without coding.

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Funding

Total Funding

$24.7M

Above

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$18M
$30M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Unlimited Paid Time Off
  • Parental Leave
  • 401(k) Retirement Plan
  • Remote Work Options

Growth & Insights and Company News

6 month growth

1%

1 year growth

-1%

2 year growth

1%
Newcomer
Apr 3rd, 2026
Anthropic acquires stealth Dimension-backed Coefficient Bio for $400M in stock

Anthropic has acquired Coefficient Bio, a Dimension-backed stealth startup, in a deal valued at just over $400 million in stock. The eight-month-old company was developing AI models for biological research, aiming to create artificial superintelligence for science. Coefficient Bio's team is joining Anthropic's Health Care Life Sciences division led by Eric Kauderer-Abrams. The startup, which was half-owned by venture capital firm Dimension, had remained largely under the radar since its founding. Dimension is reporting a 38,513% internal rate of return on the investment. Co-founder Samuel Stanton had previously described the company's mission as "ushering biopharma into the Intelligence Age". The acquisition marks Anthropic's continued expansion into scientific applications, following previous purchases of Bun and Vercept. Both Dimension and Anthropic declined to comment on the deal.

Coefficient
Feb 11th, 2024
Google Sheets People Chips: Enhancing Collaboration with Smart Mentions

Google Sheets introduces People Chips, a game-changer for collaboration.

Tribune Online
Nov 13th, 2023
Coefficient partners with foremost real estate firm for 70 New Housing Units in Ikeja

Coefficient has partnered with Evermark Homes to bring 70 cutting-edge housing units to Ikeja.

Business Wire
Nov 10th, 2022
Coefficient Raises $18M Series A To Bring The Power Of Data And Automation To Spreadsheet Users, Announces New Product Plans

Coefficient co-founders Navneet Loiwal and Tommy Tsai saw an opportunity to create data and reporting-automation tools intended for the business user that make existing spreadsheets smarter by providing connectivity to live and automated data from the systems they use every day. (Photo: Business Wire). Coefficient co-founders Navneet Loiwal and Tommy Tsai saw an opportunity to create data and reporting-automation tools intended for the business user that make existing spreadsheets smarter by providing connectivity to live and automated data from the systems they use every day. (Photo: Business Wire)

TechCrunch
Nov 10th, 2022
Coefficient Wants To Bring Live Data Into Your Existing Spreadsheets

With the explosive adoption of software-as-a-service (SaaS) apps, the average company now has more than 100 SaaS apps to manage — leading to data being siloed across countless different systems. That makes analysis challenging. To wit, according to Forrester, between 60% and 73% of all data within an enterprise goes unused for analytics. Ideally, analysts need something that connects disparate enterprise systems, like business intelligence and analytics tools. But these tools are often complex and unintuitive, leading employees to spend hours each day searching and gathering information. In search of an answer, Navneet Loiwal teamed up with Tommy Tsai, with whom he’d previously founded an e-commerce app, to build Coefficient, an app that brings live data into Google Sheets and other existing spreadsheet platforms

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