# Coherent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coherent

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.coherent.sh
- Total disclosed funding: $4.5M
- Latest round: Seed (Aug 4, 2022)
- Investors on record: 9

## About

Based in New York, US, and founded in 2022 by CEO Carl Cortright, CTI API Inc., d.b.a. Coherent operates as a provider of an infrastructure that provides web3 user data to blockchain developers through a suite of APIs. In August 2022, Coherent raised USD 4.5 million in seed funding co-led by Foundry Group, Kindred Ventures, and Matchstick Ventures, with participation from Awesome People Ventures, Chapter One Ventures, Coinbase Ventures, Draft Ventures, Istari Ventures, and Moonbase Capital.

The company provides an infrastructure that allows web developers to human-readable tagging for query transaction types, which aggregates all NFTs in a user’s portfolio that includes metadata, cached images, floor price, and balances for tokens on a given chain. Coherent’s product offerings include Archival Data Access, Warehouse Data Shares, and Indexer services.

The company generates revenue from the subscription of its platform package, which includes enterprise (USD 2,000).

## Funding rounds

- Seed, Aug 4, 2022, $4.5M — Foundry Group, Matchstick Ventures, Draft Ventures, Kindred Ventures, Coinbase Ventures, Chapter One, Awesome People Ventures, Moonbase Global, Istari Ventures

## Investors

- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Seed
- Matchstick Ventures (https://capitalatlas.ai/funds/matchstick-ventures) — Seed
- Draft Ventures (https://capitalatlas.ai/funds/draft-ventures) — Seed
- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Chapter One (https://capitalatlas.ai/funds/chapter-one) — Seed
- Awesome People Ventures (https://capitalatlas.ai/funds/awesome-people-ventures) — Seed
- Moonbase Global (https://capitalatlas.ai/funds/moonbase-global) — Seed
- Istari Ventures (https://capitalatlas.ai/funds/istari-ventures) — Seed