C
Codat
Universal API for small business financial data.
About Codat
Codat.io is a leading fintech startup that provides a specialized infrastructure for financial institutions and fintech companies to streamline their data integration processes. The company operates in the financial technology market, serving clients who need to automate the collection and processing of financial information, particularly for underwriting and lending to small businesses.
Codat's business model revolves around offering a more efficient and faster alternative to building and maintaining data integrations in-house. The company claims that its solutions can help industry leaders launch new integrations in weeks, not months, with lower maintenance requirements. Codat handles ongoing maintenance, optimizations, and edge-case fixes, allowing its clients to focus on delivering powerful products their customers love.
The company also offers tools for real-time reading, writing, and updating of data, and supports multiple client libraries and SDKs, enabling clients to build the best solution for their specific needs. Additionally, Codat provides an easy-to-build authorization system that allows customers to securely share all their data.
Codat's revenue comes from the fees it charges for its services, which include automating data collection processes and making smarter risk decisions through easy access to customers' financial data. The company prides itself on its secure infrastructure, built on industry-recognized SOC2 TSP and ISO27001 standards and AES-256 advanced data encryption.
In summary, Codat.io is a fintech startup that offers a faster, more efficient way for financial institutions and fintech companies to integrate and manage their data, particularly for underwriting and lending to small businesses.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- London, United Kingdom
- Employees
- 112
- Open positions
- 3
- Dealroom signal
- 66.9/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Banking, Financial Management Solutions
- Sector
- Fintech, Accounting, Banking, Corporate Finance, Open Banking, Insurtech Related, uk is8 financial services, uk is8 professional business services
- Technology
- Big Data
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Jun 2022 | $100M | $400M | Shopify · Canapi · Index Ventures · Plaid | ↗ |
| SERIES BOther financing | Jul 2021 | $40M | $160M | Stripe · Brex · Tiger Global · Index Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Codat is 33K monthly website visits, up 10% over the last three months. Codat's team declined 1.8% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Banking Competition Remedies
Series A7 investors entered at this stage
Index Ventures
American Express Ventures
PayPal Ventures
Tiger Global
Stripe
Brex
Checkout.com
Series B and later4 investors entered at this stage
J.P. Morgan Asset Management
Shopify
Canapi
Plaid
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Codat on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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