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Company Market Research Report: Coalesce Automation, Inc.



Company Overview



  • Name: Coalesce Automation, Inc.

  • Mission of the company: To revolutionize data transformations to accelerate the delivery of data projects, making the data transformation process as efficient and accessible as possible.

  • Founded: 2020

  • Founders: Armon Petrossian and Satish Jayanthi

  • Key People:

  • Armon Petrossian (CEO & Co-Founder)

  • Satish Jayanthi (CTO & Co-Founder)

  • Headquarters: San Francisco, CA

  • Number of Employees: 51-200 employees

  • Revenue: No information is available

  • What the Company is Known For: Coalesce is known for being the only data transformation tool built for scale, uniquely combining the speed of an intuitive graphical user interface (GUI), the flexibility of code, and the efficiency of automation.


Products



Primary Product: Coalesce.io



  • High-Level Description: Coalesce.io is a cloud-native data transformation solution exclusively built for Snowflake that empowers data teams to tackle transformations at scale by integrating the flexibility of code, the efficiency of automation, and the speed of an intuitive GUI.


Key Features:



  • Intuitive GUI: Provides a graphical interface for creating data transformation pipelines.

  • Code Flexibility: Allows custom coding for advanced transformations.

  • Automation: Automates repetitive data transformation tasks to save time and reduce errors.

  • Column-Aware Architecture: Enhances efficiency by automatically generating transformation code in the cloud.

  • Scalability: Supports large-scale data projects with standardized templates and governance.

  • Collaboration Tools: Facilitates teamwork with features suitable for all SQL users.

  • Snowflake Integration: Exclusively designed for Snowflake, utilizing its advanced features such as Snowflake Cortex AI functions, Dynamic Tables, and more.


Recent Developments



New Products Launched



  • Coalesce Marketplace: Launched June 2024

  • Description: Offers over 30 certified, ready-to-use code collections (Packages) to expedite the development and delivery of Snowflake data projects. Packages include templated code and macros designed for specific use cases, such as Data Vault construction and machine learning functionalities.

  • Key Benefits:

  • Automates Snowflake features implementation.

  • Accelerates foundational pipeline development.

  • Supports Data Vault construction.

  • Empowers broader user access to pipeline building.

  • Future Developments: Plans to enable customers to create and share their own Packages.


New Features Added to Existing Products



  • Snowflake Cortex Integration: Implementing new features for Snowflake Cortex's AI functions, dynamic tables, and other advanced capabilities.

  • Enhanced Data Mesh Capabilities: Expanded support for building domain-driven architectures in financial services and other sectors.


Partnerships



  • Snowflake: Premier partner, supporting integration and advanced features for Snowflake data users.

  • Fivetran: Collaboration on modern data stack events and joint solutions for data pipeline management.

  • phData: Partnership for integrating SAP data into Snowflake.


Company News



  • Funding:

  • Series B (May 2024): Raised $50 million to accelerate innovation for data teams.

  • Series A (September 2022): Secured $26 million to reinvent data transformations in the Snowflake Data Cloud.


  • Awards and Recognitions:

  • Recognized on Inc. Magazine’s Annual List of Best Workplaces for 2023.

  • Featured in multiple industry publications for innovative data transformation solutions.


  • Key Announcements:

  • Launched Data Transformers Community to champion data transformation best practices (January 2024).

  • Joined Snowflake Partner Connect Ecosystem to deliver data transformations at scale (February 2023).


Conclusion



Coalesce Automation, Inc. is at the forefront of data transformation technology, offering innovative tools and partnerships to ease the integration and management of complex data pipelines, particularly within the Snowflake environment. Their ongoing developments, new product launches, and expanding partnerships underscore their commitment to enhancing data transformation processes for organizations worldwide.