Coactive — Funding & Company Data
Financial overview and investor data for Coactive.
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
Investors: Emerson Collective, Cherryrock Capital, Greycroft, Andreessen Horowitz, Bessemer Venture Partners, Exceptional Capital
Valuation: $200M
Investors: Andreessen Horowitz, Bessemer Venture Partners
Valuation: $50M
Notable Investors
Sources
- Coactive AI Raises $30 Million To Make Sense Of Visual Data (forbes.com)
- Coactive AI Series B Funding Round (coactive.ai)
- Coactive Systems Raises $30M in Series B Funding (finsmes.com)
- AI Startup Coactive Raises $10.4 Million From A16z and Bessemer (businessinsider.com)
- Unleashing the full potential of unstructured visual content with Coactive AI (bvp.com)
- Coactive AI Raises $14M in Combined Seed and Series A Funding (finsmes.com)
- Coactive AI - Funding, Investors, Valuation & More (tracxn.com)
- Coactive AI: Funding, Team & Investors | Startup Intros (startup-intro.com)
- About Us - Coactive AI (coactive.ai)
- Coactive AI Funding & Investor Information (exa.ai)