# Coiled

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

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.coiled.io
- Total disclosed funding: $26M
- Latest round: Series A (May 18, 2021)
- Investors on record: 4

## About

Based in California, US, and founded in 2020, Coiled is a company that offers an AIOps and DataOps platform for enterprises. In May 2021, the company raised USD 21 million in series A funding led by new investor Bessemer Venture Partners, with participation from another new investor FirstMark Capital and returning investor IA Ventures.

The company products help the data science community build applications powered by Python. Its products include the Coiled Cloud and Coiled Enterprise. Coiled Cloud runs mainly on Amazon Web Services, offers a web interface and Python environment that manages GPUs and CPUs, and allows mixing and matching with architectures and libraries like Facebook's PyTorch. It operates from other online services and automated jobs. Coiled Enterprise, on the other hand, runs in the cloud as well as on-premises, allowing customers to work on their personal devices as well as GPU servers in their infrastructure.

The company generates revenue by pricing its products which include Coiled Cloud, Coiled Pro, and Coiled Enterprise.

## Funding rounds

- Series A, May 18, 2021, $21M — Bessemer Venture Partners, FirstMark Capital, IA Ventures
- Seed, Sep 28, 2020, $5M — IA Ventures, Costanoa Ventures

## Investors

- IA Ventures (https://capitalatlas.ai/funds/ia-ventures) — Seed, Series A
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Seed
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series A