Coconut Software
Latest round
- Series B
Last raised
- Oct 2021
Total raised
- $31M
Investors
- 9
About Coconut Software
Coconut Software Corp.Founded in 2007, Coconut Software Corp. is headquartered in Saskatoon, Canada, where it focuses on creating solutions for banks and credit unions. The company was established by Katherine, who has a background in technology and entrepreneurship.Coconut Software specializes in providing innovative solutions designed for the financial services sector, focusing on appointment scheduling, queue management, and video banking. Their core offerings aim to streamline customer interactions between banks and credit unions and their clients, enhancing operational efficiency and personalized service delivery. The platform enables financial institutions to manage customer appointments seamlessly, optimize lobby management, and facilitate remote consultations through video banking, thereby addressing specific use cases such as increasing customer engagement and improving service accessibility.Coconut Software generates revenue primarily through a subscription-based model that caters to its B2B clientele, which includes financial institutions such as banks and credit unions. The transactional structure is centered around tiered subscription plans that provide clients with access to various features, including appointment scheduling and lobby management tools tailored to their operational needs. Clients typically engage with Coconut Software's services on an annual basis, allowing for ongoing support and updates that enhance functionality and user experience. The company will hire into key roles across the business and invest in demand and revenue generation through marketing, sales, and customer success initiatives. Looking ahead, Coconut Software is expected to expand its market presence and continue innovating its product offerings, although specific new product details and geographic regions targeted for expansion have not been disclosed.
Who invested in Coconut Software
9 investors across 3 rounds
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Questions about Coconut Software
Who invested in Coconut Software?
Coconut Software has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Coconut Software raised?
Coconut Software has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Coconut Software last raise money?
Coconut Software's most recent round on record is a Series B, in Oct 2021.
What does Coconut Software do?
Coconut Software is a software company.
Where is Coconut Software headquartered?
Coconut Software is headquartered in Saskatoon, Canada.
Which VCs invest in companies like Coconut Software?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Coconut Software's stage. Their profiles are linked below.
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