Quild #23: Coiled
Pythons in the cloud
This is the Quild daily, highlighting one early-stage startup that has statistically significant signals of becoming a unicorn.
Coiled scales Python to the cloud for data professionals. Based on Dask, the leading Python-native solution for distributed computing, Coiled has hosted more than 100M tasks for data professionals, scientists, and researchers around the globe including Capital One, Anthem Health, and the Air Force to solve challenges in business, research, and science.
Founders: Matthew Rocklin (CEO)
Signals:
Top institutions alumni
Matthew worked as an engineer at NVIDIA and Continuum Analytics (most popular data science tool) for 6 years and did research at Sandia National and Argonne National Laboratories
Top university alumni
Matthew graduated with a PhD in Computer Science from University of Chicago and a BA in Physics, Astronomy, and Math from UC Berkeley
Accelerated financing
Founded in 2020, announced seed in Oct 2020, series A in May 2021
Fast team growth
Grew ~2x YoY to 48 employees
Midas list investors
Bessemer led series A
Till tomorrow, Kenn