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To bring words, data, and teams together.
Productivity platforms have traditionally been dominated by two central players: Google Workplace and Microsoft 365. Such product suites usually provide separate applications for editing documents and spreadsheets. Coda argues that this division is artificial and ultimately, hampering internet progress.
Instead, Coda makes documents feel more like apps. The startup offers customizable and collaborative documents. As the world shifts towards a hybrid work culture, teams and companies need new productivity tools to adapt their work processes, and Coda is fulfilling that need.
After reaching ‘unicorn’ status in 2022, Coda is starting to truly take on the big boys of Microsoft and Google while developing totally new revenue streams. Users can now create “Packs” that tie into third-party services—for instance, with a page that updates Shopify listings remotely or automates sending Slack messages—and can sell those Packs to other users with Coda taking a fee.
The startup’s main competitor for now is really Notion. The online documents tool has a great deal more name-recognition than Coda. However, a lot of that recognition can be put down to differing strategies - Coda is making much better headway with its B2B approach. In reality, features like Coda’s Packs are creating productivity magic for businesses; driving serious revenue for the growing company.
Freddie
Company Specialist at Welcome to the Jungle
Jul 2021
$100m
SERIES D
Aug 2020
$80m
SERIES C
This company has top investors
Alex DeNeui
(CTO)Previously Staff Software Engineer at Google. Co-founded another documents company, DocVerse, and prior to that worked at Microsoft as a Program Manager.
Shishir Mehrotra
(CEO)Previously VP of Product at Youtube. Before that, worked as Director of Program Management at Microsoft.
Software Engineering
Marketing