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Announced

Completed

Emergence Capital led a $26m Series A round in Coalesce.

Financials

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Transaction Value£24m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Venture Capital

Cross Border

Private

Acquisition

Completed

Digital Services

Minority

data transformation

Private Equity

United States

Synopsis

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Emergence Capital, a venture capital firm focused on early-stage enterprise software companies, led a $26m Series A round in Coalesce, the data transformation company, with participation from 11.2 Capital, GreatPoint Ventures, and Industry Ventures. "Data experts and data are the cornerstone of every insight. To make data valuable, it must be transformed in the right way, and adapt to change over time. We’re building a world-class organization to help data teams quickly model and transform data at scale. Along this journey, it was a priority for us to find the right investment partners that understand our vision. We’re excited to team up with Emergence Capital, they immediately recognized the value of our cloud data transformation platform and how it will revolutionize this industry," Armon Petrossian, Coalesce CEO.

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