Coalesce.io, a San Francisco, CA-based data transformation company, raised $26M in Series A funding.
The round was led by Emergence Capital, with participation from 11.2 Capital, GreatPoint Ventures, and Industry Ventures.
The company intends to use the funds to invest in the product and its ecosystem.
Led by CEO Armon Petrossian, Coalesce provides a tool built that combines graphical user interface (GUI), the code, and automation for data transformations, increasing data teams’ productivity, the quality of data, and time to insights. The company made progress in 2022 with team expansion into EMEA, the announcement of strategic partners including Snowflake and Fivetran, and achieving SOC 2 compliance.
FinSMEs
28/09/2022