Codat is the universal API platform that connects small businesses to banks and other financial platforms.
Codat is focused on making financial and accounting software integrations as simple as a click of a button.
Codat was founded in 2017 by Peter Lord, Alex Cardona and Dave Hoare. The company is headquartered in London, London, United Kingdom, with offices in New York, San Francisco and Sydney.
Codat provides real-time connectivity to enable software providers and financial institutions to build integrated products for their small business customers.
Codat's API is used by SaaS, lending and payments companies to build integrated products for their SMB customers. Whether that's a neobank building a cashflow forecast in their app, or a payment provider enabling merchants to sync transactions with their accounting software, there is a use case for Codat in almost every fintech serving SMBs.
Codat now has over 200 clients, including many of the world's largest banks as well as rapidly growing fintechs such as Brex, Jeeves, Pipe and Clover,
Codat is backed by Index Ventures, JP Morgan Growth Equity Partners, Shopify, PayPal Ventures, Canapi Ventures, Plaid, Capability and Innovation Fund, and others. The company raised $100M in Series C round on Jun 08, 2022. This brings Codat's total funding to $176.8M to date. The latest round valued Codat at a $825M post-money.