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Coalesce raises more cash to transform data for Snowflake customers
Coalesce offers a platform that standardizes data while automating the more repetitive, mundane data transformation processes.
In a recent Gartner poll, fewer than half (44%) of data and analytics leaders said that their teams are effective in providing value to their organization, not for lack of trying but as a result of insufficient resources, funding and skilled staffers. The result was Coalesce, a San Francisco-based company building a suite of data transformation services, apps and tools. To Petrossian’s point, Coalesce has “multiple” (mum’s the word on exactly how many) Fortune 500 customers and recurring revenue that grew 4x year-over-year in the fiscal year ending January 2024.
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