Coalesce offers a data transformation platform built to work exclusively with Snowflake's Data Cloud. Its platform automates repetitive data transformation processes while standardizing data, combining an intuitive GUI, code flexibility, and automation to help data teams manage transformations more efficiently. Coalesce serves multiple Fortune 500 customers and is based in San Francisco. The company plans to use newly raised capital to further develop its platform, enhance performance, and introduce AI features. It also intends to expand its reach into existing Snowflake customers and grow its team from roughly 80 to about 100 employees by the end of the year. Coalesce closed a $50M Series B in April 2024, bringing total funding to $81M. Coalesce provides enterprise-focused data transformation tools that simplify modeling, cleansing and governance for analytics workflows. Its platform is built primarily for the Snowflake cloud and uses a column-aware architecture that leverages metadata to manage relationships during transformations. Users can apply automation templates that are editable and shareable, either via a visual design tool or code. Customers commonly engage Coalesce to transform data from disparate databases, apps and systems to meet specifications and to speed business intelligence queries. The company competes with legacy ETL and data integration vendors such as Informatica, Talend, Matillion, Incorta and Etleap. Coalesce was born during the pandemic, has multiple Fortune 500 customers, 40 salaried employees across four countries, and plans to invest in marketing, sales and engineering while building out its product and ecosystem. Coalesce provides a Data Transformation platform that simplifies the modeling, cleansing, governance, and documentation of data. The platform is designed to bring efficiency and flexibility to analytics and to increase data engineer productivity and insights for data-intensive architectures. Coalesce's platform is GA-ready for select customers on Snowflake now. Led by CEO and co-founder Armon Petrossian, the company plans to use its new funding to advance platform development while growing sales, marketing, and engineering functions. The company also intends to invest in its go-to-market strategy. Coalesce raised $5.92M in Seed funding to support these efforts.

Total raised

$82M

Funding rounds

3

Latest round

Series B

Latest activity

Apr 2024