Coda
Coda is an all-in-one collaborative document and productivity software platform that combines the flexibility of documents, the structure of spreadsheets, the power of applications, and AI into a single surface. Founded in 2014 by Shishir Mehrotra (a former YouTube chief product officer and Microsoft executive) along with co-founders, Coda lets teams build interactive docs that can act as lightweight applications, with building blocks, automations, and integrations. The company also developed AI features including Coda Docs and Coda Brain. Coda was acquired by AI productivity company Grammarly, with the deal announced in December 2024 and completed in January 2025; Mehrotra became CEO of Grammarly.
Acquired
Coda has been acquired
This company is no longer available on our private secondary market.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2014
Employees
201–500
Total Funding
$300M
5 rounds
Latest Valuation
$1.4B
July 8, 2021
Funding
Total raised $300M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 05-31-2026
Latest Round
Type
Series D
Date
July 8, 2021
Amount
$100M
Valuation
$1.4B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| July 8, 2021 | Series D | $100M | $1.4B | Ontario Teachers' Pension Plan |
| August 11, 2020 | Series C | $80M | $0.64B | Kleiner Perkins, Madrona |
| October 19, 2017 | Series B (publicly announced) | $60M | — | Greylock, General Catalyst |
Funding by Round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series C
$0.6B
Aug 2020
Coda today
$1.4B
Jul 2021 · latest mark
Coda multiple
2.2x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Shishir Mehrotra
Co-Founder & CEO
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Notion
All-in-one workspace for notes, databases, and project management
Confluence
Team collaboration and content management platform by Atlassian
Google Docs
Cloud-based document creation and collaboration by Google
Microsoft Teams
Unified communication and collaboration platform by Microsoft
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