# Coalesce Automation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coalesce-automation

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.coalesce.io
- Total disclosed funding: $65M
- Latest round: Series B (Mar 8, 2024)
- Investors on record: 9

## About

Based in California, US, and founded in 2020 by Armon Petrossian (CEO), and Satish Jayanthi, Coalesce Automation, Inc., a.k.a. Coalesce operates as a management and automation platform designed to handle large sets of data. In March 2024, Coalesce Automation, Inc. raised USD 42.2 million in a Series B funding co-led by Industry Ventures and Emergence Capital Partners, with participation from 11.2 Capital, GreatPoint Ventures, DNX Ventures, Hyperlink Ventures, Next Legacy Partners, Snowflake Ventures, and Telstra Ventures. The series B funding values Coalesce Automation, Inc. at USD 185.5 million post-money. The firm’s technology partners include Analytics8, Clean Data Inc., DigitalHive, Comerit, Flock, Eon Collective, and more.

Coalesce provides a data transformation tool that leverages a column-aware architecture using a code-first, GUI-driven management and construction experience for enabling data transformations at scale. The company combines graphical user interface (GUI), code, and automation to enable data transformations that increase data teams’ productivity, the quality of data, and time to insights.

Coalesce generates revenue from subscriptions to its enterprise platform, which offers access to all features, including unlimited users, nodes, and workspaces.

The company plans to use its proceeds from March 2024 funding to drive growth, platform innovation, and launch its marketing campaign.

## Funding rounds

- Series B, Mar 8, 2024, $42M — Emergence Capital, Industry Ventures, GreatPoint Ventures, DNX Ventures, Titanium Ventures, Next Legacy Partners, 11.2 Capital, Snowflake Ventures, Hyperlink Ventures
- Series A, Sep 9, 2022, $23M — Emergence Capital, Industry Ventures, GreatPoint Ventures, 11.2 Capital
- Seed, Oct 14, 2021 — GreatPoint Ventures, 11.2 Capital

## Investors

- GreatPoint Ventures (https://capitalatlas.ai/funds/greatpoint-ventures) — Seed, Series A, Series B
- 11.2 Capital (https://capitalatlas.ai/funds/11-2-capital) — Seed, Series A, Series B
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series A, Series B
- Industry Ventures (https://capitalatlas.ai/funds/industry-ventures) — Series A, Series B
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series B
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series B
- Next Legacy Partners (https://capitalatlas.ai/funds/next-legacy-partners) — Series B
- Snowflake Ventures (https://capitalatlas.ai/funds/snowflake-ventures) — Series B
- Hyperlink Ventures (https://capitalatlas.ai/funds/hyperlink-ventures) — Series B