JP Morgan led a $100m Series C round in Codat, the universal API for small business data, with participation from Canapi Ventures, Shopify, Index Ventures and PayPal Ventures. "We believe Codat has the potential to fundamentally change the way data is shared across the small business economy. JPMorgan Chase has an extensive small business customer base so we understand the power of connecting and standardizing data – whether it is used for onboarding new customers or offering insights on business performance. This unique global perspective and Codat's impressive management team deepened our conviction," Patrick McGoldrick, JP Morgan Partner.