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Codat

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Universal API for small business financial data.

London, United KingdomFounded 2017Fintech
Valuation $250–500M Last recorded · 2022
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Codat and the history behind them.

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 data

At 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

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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 —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Codat website traffic

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.

Latest monthly visits33K 3-month web change+10% 1-year team growth-1.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

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

Series B and later4 investors entered at this stage

  • J.P. Morgan Asset Management
  • Shopify
  • Canapi
  • Plaid
Team profiled 24 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇬🇧 United Kingdom76%
🇺🇸 United States21.9%
🇨🇦 Canada2.1%
3 countries shown

Market sentiment

Posts on X, past 7 days

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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