Coherent

The Operating System for Excel

Hong Kong, Hong Kong · $89.0M raised

Headquarters
Hong Kong
Employees
51–200
Business Model
B2B
Total Funding
$89.0M
Last Round
$75.0M Series BMay 2022
Rounds
2

About

Coherent is a logic-as-a-service platform that enables enterprises to instantly convert Microsoft Excel spreadsheets into enterprise-grade APIs and deployable code. Its flagship product, Coherent Spark, bridges the gap between business logic embedded in spreadsheets and the enterprise systems that need to consume it, eliminating lengthy and expensive translation projects. The platform is particularly focused on regulated industries such as insurance, financial services, and banking, where complex business models and actuarial logic are commonly managed in Excel. Customers can expose any spreadsheet formula, model, or rule as a production-ready API without writing code, dramatically accelerating time-to-market for product and process changes.

Summary

Coherent is a Developer Tools company based in Hong Kong, Hong Kong. It has raised $89.0M in total across 2 rounds, most recently a $75.0M Series B round in May 2022. Investors include Cathay Innovation, Maverick Capital and GreatPoint Ventures.

Tech & App Stack

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Funding History

Series BSeries BMay 2022
$75.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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