Coalesce is a San Francisco–based company that builds a suite of data transformation services, apps and tools designed to standardize and automate repetitive data transformation processes. The platform uses metadata to manage transformations and is built to work exclusively with Snowflake’s Data Cloud. Coalesce says its automation reduces manual coding and pipeline work, lowering costs and accelerating time-to-value for data teams. The company reports recurring revenue grew 4x year-over-year in the fiscal year ending January 2024 and counts “multiple” Fortune 500 customers. Coalesce plans to improve platform performance, introduce AI features (including capabilities tied to generative AI and machine learning) and focus on reaching existing Snowflake customers. The company has an ~80-person team and plans to expand to around 100 employees by the end of the year. Coalesce.io builds a data transformation product that unifies a graphical user interface, code, and automation to speed data teams' work and improve data quality. The company is led by CEO Armon Petrossian and has expanded its team into EMEA. It announced strategic partnerships with Snowflake and Fivetran and achieved SOC 2 compliance in 2022. Coalesce intends to use its new funding to invest in the product and its ecosystem. The company secured a $26M Series A to support these plans and continued growth in its platform and partnerships.

Total raised

$76M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2024