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Future Unicorn #223: Coefficient

Automate your spreadsheets

Author

Kenn So
10 Nov

The Quild Future Unicorn highlights one future of work early-stage startup with statistically significant signals of becoming a unicorn.

Coefficient is a no-code solution that allows business teams to work with real-time data directly from their spreadsheets. Users can sync Google Sheets to company systems such as Salesforce, Hubspot, Google Analytics, Looker, MySQL, Redshift, Slack and more.

Founders: Navneet (CEO), Tommy 

Signals:

1. Repeat exited founders

  • Navneet and Tommy founded Shopular, which was acquired by Rakuten Ebates

2. Venture-backed experience

  • Navneet was an engineer at shopkick (1+ yrs)

  • Tommy was an engineer at shopkick (2 yrs) and Loopt (3 yrs)

3. Top company alumni

  • Navneet was an engineer at Google (5+ yrs)

4. Top investors

  • Battery Ventures led series A

  • Foundation Capital led seed

5. Fast team growth

  • Grew 1.9x YoY to ~30 employees

6. Accelerated financing

  • Seed in 2021, series A in 2022