C
Coherent
Creates digital platforms and products that enable the insurance industry to be future-ready
About Coherent
Coherent is a company that has developed a platform named Coherent Spark, a cloud-based logic engine. This platform is designed to help businesses, particularly in the insurance and financial services sectors, to rapidly convert complex business logic from spreadsheets into application programming interfaces (APIs). This allows for faster product development and deployment, as it automates a process that is often manual and time-consuming.
The company's business model is centered around providing this platform as a service (PaaS) to its clients. By making Coherent Spark available on the AWS Marketplace, they are targeting a wide range of customers who are already using cloud infrastructure. The platform is designed to be used by business teams, not just developers, which can help to reduce the burden on IT departments and accelerate the pace of innovation.
Coherent's services are aimed at businesses that rely on complex calculations and logic for their operations, such as insurance companies for pricing and underwriting, or financial institutions for modeling and risk assessment. By automating the conversion of this logic into APIs, Coherent helps these companies to become more agile and responsive to market changes.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Singapore, Singapore
- Employees
- 249
- Open positions
- None listed
- Dealroom signal
- 73.6/100
- Industry
- Fintech, Enterprise Software
- Sub-industry
- Insurance
- Sector
- Fintech, Capital Market, Insurtech Distribution and Brokerage, No-Code and Low-Code Software
- 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 BOther financing | Apr 2022 | $75M | $300M | GreatPoint Ventures · Maverick Ventures · Cathay Innovation · Franklin Templeton Investments | ↗ |
| SERIES AOther financing | Nov 2020 | $14M | $56M | Franklin Templeton Investments · Cathay Innovation | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Coherent is 7.9K monthly website visits, down 28.2% over the last three months. Coherent's team declined 0.8% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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.
Series A6 investors entered at this stage
Franklin Templeton Investments
Cathay Innovation
Maverick Capital
GreatPoint Ventures
Maverick Ventures
Blue Owl Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Coherent 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
See Coherent’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.