# Coda Platform

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coda-platform

- Industry: Software
- Headquarters: London, UK
- Website: www.codaplatform.com
- Total disclosed funding: $4M
- Latest round: Seed (Jun 28, 2020)
- Investors on record: 1

## About

Coda Platform Ltd develops advanced web3 solutions that enhance user engagement in decentralized environments, focusing on tools that facilitate interactions for both businesses and individual users.Coda Platform Ltd, established in 2019, is based in London, UK. The company specializes in web3 technology, offering innovative tools for decentralized finance and applications. The founders, Cemal Gunusen and Sekip Gökalp, have a history of expertise in technology sectors. Coda Platform Ltd raised USD 4 mn in Seed funding on June 28, 2020, to reach a post-money valuation of USD 16.94 mn.Coda Labs specializes in innovative web3 solutions, offering a range of products designed to enhance user interaction and engagement in decentralized environments. Their core offerings focus on creating seamless digital experiences that leverage blockchain technology, facilitating various applications for both individual users and businesses. These include tools for decentralized finance (DeFi), gaming platforms, and community-driven applications, aimed at solving challenges such as transparency, security, and user empowerment. Coda Labs targets a diverse client base, including developers, enterprises, and end-users, primarily in North America and Europe, where demand for blockchain-based solutions is rapidly increasing. By providing robust, user-friendly platforms, Coda Labs aims to foster a global community that embraces the transformative potential of web3 technologies.Coda Labs generates revenue through a structured framework that includes both subscriptions and partnerships with enterprises seeking to integrate web3 capabilities into their operations. The company’s revenue model is designed to cater to a variety of clients, encompassing B2B partnerships and direct-to-consumer transactions. For instance, businesses may subscribe to Coda Labs' flagship products, which offer tiered pricing plans based on the level of service and features required. Additionally, through collaborative projects and integrations, the company establishes mutually beneficial relationships with partners, enhancing their service offerings while driving revenue. This multifaceted approach allows Coda Labs to build a sustainable financial foundation while expanding its footprint in the rapidly evolving web3 market.Following the USD 4 mn Seed funding raised in June 2020, Coda Platform Ltd plans to develop new products that will enhance its offerings in the web3 space. The company is looking to expand into additional markets in Asia and South America by the end of 2023, capitalizing on rising global interest in decentralized technologies. The funding will support these initiatives, allowing the firm to accelerate product development and improve service reach.

## Funding rounds

- Seed, Jun 28, 2020, $4M — London Venture Partners

## Investors

- London Venture Partners (https://capitalatlas.ai/funds/london-venture-partners) — Seed