See other companies on Otta

Coiled

Scales data workloads in Python

21-100 employees
  • B2B
  • Artificial Intelligence
  • Machine Learning
  • SaaS
  • Data Analysis
  • Cloud Computing
Garment District, New York, NY

Company mission

To help the Data Science community build scalable, distributed, and intelligent applications powered by Python - so they can solve important problems.

Top investors

283% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Coiled is a DataOps and AIOps platform which gives Python users access to easy-to-use scalable computing. This enables Python to become a more viable and widely-adopted tool for data science, machine learning, and AI development.

They’ve hosted over 100 million data science and research tasks worldwide for the likes of Capital One and Anthem Health. Their partner roster includes AWS, Microsoft Azure, and Google Cloud. Further, it looks like the promising DataOps and AIOps markets to which Coiled caters are both set to gain traction in the years ahead.

Coiled is investing its latest round of funding into accelerating & expanding the development of its products, as well as funding further development of its highly-adopted Python platform Dask. It’s a smart move: surveyed data scientists returned an 87% preference for Python over other languages, so monopolizing this market will position Coiled well ahead in a popular and reliable sector.

Benefits

  • Work from home opportunities

Company values

  • We're passionate about Python and open source - We are contributors and maintainers of open source. And we’re dedicated to making open source enterprise-ready.
  • We're building the workplace of the future - We're growing a 100% remote, global team that operates like a networked community
  • We are impact-driven - We empower innovators looking to answer important questions. The gravity of this drives a strong bias for action, now.
  • We build for the data science community - We're focused on the needs of our core user, relentlessly smashing down barriers to accelerate their work.

Funding (2 rounds)

May 2021

$21m

SERIES A

Oct 2020

$5m

SEED

$26m

Total funding

This company has top investors

Founders

After graduating from the University of Chicago, Matthew worked for almost 5 years as a Developer at Continuum Analytics. In February 2020, he left his role as System Software Manager at NVIDIA to found Coiled Computing, where he has worked as CEO since.