Codat

Edinburgh

Codat is the universal API for small business data. The real-time connectivity that Codat provides enables software providers and financial institutions to build integrated products for their small business customers.

Codat clients range from lenders to corporate card providers and business forecasting tools and use cases include automatic reconciliation, business dashboarding, and loan decisioning. Codat was founded in 2017 and has offices in London, New York, San Francisco, and Sydney.

The company has raised over $60M to date from investors including Tiger Global, PayPal Ventures, Index Ventures, and American Express Ventures.

For more information visit www.codat.io

Codat’s founding team initially recognised the value of being able to easily access real-time and trustworthy small business data while working together at a fintech lender.

They gained hands-on experience developing integrations with multiple software applications in-house. This was a painful experience that distracted significant resources away from the core lending platform.

The founders realised there were no solutions in the market that met both the data requirements of the business and the technical needs of developers. The idea for Codat was born.

In the last five years, Codat has evolved from its origins in opening up accounting data to now providing access to the widest range of real-time small business data, from eCommerce and point of sale (POS) to bank accounts.

The use cases for Codat’s universal API have accelerated with the pace of digital adoption and it is now used by over 200 clients across UK, US, Europe, Australia, Canada, Ireland.

Pete Lord – CEO & Co-Founder

 

Dave Hoare – CTO & Co-Founder

 

Alex Cardona – COO & Co-Founder

Overview

  • Funding Stage Series B
  • Trading for 1-5 years
  • Employees 200-500
  • Sector Data/Analytics
  • Valuation N/A

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