Coactive

Coactive — Funding & Company Data

Financial overview and investor data for Coactive.

High confidence data Last verified 4 months ago

Founded

2021

Stage

Series b

Total Raised

$44M

HQ

San Jose, California

Team

11-50

Model

sales-led

Analyst Take

Coactive's funding trajectory demonstrates rapid and impressive progress, moving from a combined Seed and Series A of $14 million in March 2023 to a $30 million Series B just over a year later. [13, 2] This velocity indicates strong execution and investor conviction in the company's mission to structure and analyze visual data. The quadrupling of its valuation from $50 million to $200 million between the Series A and B rounds underscores significant traction and perceived market opportunity. [3]

The quality of its backers is exceptionally high. Securing initial and follow-on funding from Andreessen Horowitz and Bessemer Venture Partners, two of Silicon Valley's most respected firms, provides immense validation. [3, 14] The addition of Emerson Collective (Laurene Powell Jobs' firm) and Cherryrock Capital (led by former TaskRabbit CEO Stacy Brown-Philpot) in the Series B adds strategic capital and operational expertise, particularly in scaling enterprise SaaS companies. [3]

This $30 million infusion provides Coactive with a multi-year runway to expand its engineering and go-to-market teams, further develop its multimodal AI platform, and solidify its position in the enterprise market. [6] For a company operating in the computationally expensive AI space, this capital is critical for competing against both startups and in-house solutions at large tech companies. The funding allows Coactive to focus on product development and customer acquisition without immediate pressure for profitability, a key advantage in a market that requires deep technical investment.

Stability

Coactive's stability is high. The recent $30 million Series B in May 2024 from elite investors provides a strong capital buffer for at least the next 2-3 years of operations and growth. [2, 3, 6]

Growth

The company is on a high-growth trajectory. The rapid succession of funding rounds, a quadrupled valuation in its latest round, and a stated focus on expanding operations and business reach all point to aggressive scaling. [3, 6]

For Buyers

For a potential buyer, Coactive represents a stable and well-funded partner for the long term. The significant venture backing reduces the risk of the tool disappearing, making it a safe choice for integration into critical data analysis workflows.

Funding Timeline

Series B $30M May 2024

Investors: Emerson Collective, Cherryrock Capital, Greycroft, Andreessen Horowitz, Bessemer Venture Partners, Exceptional Capital

Valuation: $200M

Series A $10.4M March 2023

Investors: Andreessen Horowitz, Bessemer Venture Partners

Valuation: $50M

Seed $3.6M March 2023

Investors: Andreessen Horowitz, Bessemer Venture Partners, SV Angel, AME Cloud Ventures, Fei-Fei Li, Jure Leskovec, Eli Collins, Next Play Capital, Exceptional Capital

Notable Investors

Andreessen Horowitz Bessemer Venture Partners Emerson Collective Cherryrock Capital Greycroft

Sources

Get AI tools & workflows in your inbox

Practical picks, honest comparisons, and how teams actually use them — no spam.