Coda provides a single interface where documents can include text, spreadsheet tables, to-do lists, timelines and automation buttons, aiming to replace separate document and spreadsheet tools. The platform supports integrations called Packs (examples include Shopify and GitHub) to embed external data and extend functionality. Coda also offers web-publishing features that let users turn documents into web pages. Customers mentioned in the article include The New York Times, Uber Technologies Inc. and DoorDash Inc. The company plans to use new funding to expand its customer base, double its headcount, build more Packs and broaden its automation features. The product competes with suites such as Google Workplace and Microsoft 365. Coda builds a unified document platform that brings together documents, spreadsheets, and apps using “building blocks,” templates, and customizable views. The product connects to other apps such as Jira and Slack and is used by customers including Spotify, Uber, Intercom, and Square. Coda was co-founded by Shishir Mehrotra (a former director at Microsoft and Google) and Alex DeNeui and was founded in 2014. The company is positioning documents as interactive, low-code/no-code tools that let teams automate manual processes and create app-like docs. Coda has about 70 employees and plans to double headcount while growing its engineering team in the Seattle region. Forbes values the company at $636 million, and the startup says demand has risen amid increased use of workplace collaboration software during the pandemic. Coda has built a new kind of online document that combines the flexibility of documents, the power of spreadsheets, and the utility of applications in one canvas. The product surface starts with a familiar document-like frame and exposes reimagined primitives and UI elements that can organize data, tasks, and workflows. The team says it developed a new kind of programming language as a refinement of tools found in Google Sheets and Office 365 to enable those capabilities. Coda aims to stitch together use cases that today live across multiple apps and to surface new use cases that require greater flexibility. The company is positioning the product to work alongside existing spreadsheets and documents while hoping teams eventually adopt it more broadly. Coda recently raised funding that the team will use to continue product development and grow the company.

Total raised

$240M

Funding rounds

3

Latest round

Series D

Latest activity

Jul 2021