Codat Valuation, Funding & Investors

Paddle is a London-headquartered fintech platform serving as merchant of record for software companies worldwide. It manages subscription billing, global payments, sales tax compliance, VAT handling, and fraud prevention in over 200 countries. The service integrates with CRM systems, analytics tools, and developer platforms to streamline checkout flows and revenue recovery for SaaS providers.

Primer is a London-headquartered payments orchestration platform operating in over 35 countries. Merchants in retail, e-commerce, travel, mobility, ticketing, and fintech sectors use its APIs to route transactions across processors like Stripe and Adyen for fraud prevention and revenue optimization. The company integrates with over 150 payment methods and supports currencies including USD, EUR, and GBP. Primer processes billions in transaction volume annually, enabling customizable workflows that adapt to regional regulations in Europe, Latin America, and Asia.

Riskified Ltd has built a next-generation eCommerce risk management platform that allows online merchants to create trusted relationships with their consumers. It generates revenue by granting merchants access to its eCommerce risk management platform and reviewing and approving eCommerce transactions for legitimacy. Its merchants include some of the ecommerce brands including Wayfair, Lastminute.com, SHEIN, and Macy’s. Its merchants operate in a variety of verticals, including Payments, Money Transfer & Crypto, Tickets & Travel, Electronics, Home, Fashion & Luxury Goods, General Retail and Food. The company derived maximum revenue from Israel.

ki Mobility Solutions is a Gurugram-based automotive aftermarket platform offering parts, accessories, and repair services through 500 workshops in India. The company integrates telematics devices from Bosch and uses AI for predictive maintenance benefiting fleets from Ola and Uber.

ODDITY Tech Ltd offers a consumer tech platform that is built to transform the beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that innovate and disrupt the expansive beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality. Its brands include SpoiledChild and IL Makiage.

Proof is a digital identity verification platform securing online transactions for businesses. San Francisco-based, it employs biometric and document checks to confirm user identities in real time, protecting e-commerce and fintech clients processing billions in annual volume against fraud and compliance risks.

SendCloud is a Netherlands-based all-in-one shipping platform for e-commerce retailers. The Eindhoven-headquartered service integrates with carriers like PostNL, DHL, and UPS, enabling quick connections in about five minutes. It automates label generation, tracking, returns, and analytics, serving over 20,000 webshops across Europe to reduce shipping costs and improve delivery experiences.

Typeform is a Barcelona-headquartered no-code SaaS platform specializing in interactive forms, surveys, quizzes, and asynchronous video tools. Founded in 2012, it powers over 500 million annual interactions for brands like Apple, Airbnb, and Patagonia, integrating with HubSpot, Google Sheets, Zapier, Slack, and Mailchimp. Typeform maintains offices in San Francisco and employs a distributed team exceeding 450 staff across Europe and the Americas, focusing on conversational data collection for customer feedback and lead generation.

Rezolve AI PLC is an AI-powered solutions company, specializing in enhancing customer engagement, operational efficiency, and revenue growth for the retail and e-commerce sectors. The company's product, Brain Commerce, powered by its proprietary Large Language Model (LLM) brainpowa, transforms the online shopping experience. By surpassing traditional site search and product discovery tools, Brain Commerce improves conversion rates, increases average order value (AOV), and reduces cart abandonment. The company has one reportable segment, which is cloud-based services. Geographically, the company generates revenue from Canada, the United States, Mexico, Australia, the United Kingdom, and Japan, with the majority of revenue generated from the United States.

Auction Technology Group PLC is a digital marketplace operator that powers the discovery and sale of curated secondary goods through trusted online platforms. The Group operates curated auction and list-price marketplaces and provides value-added services, including seller marketing, integrated payments, shipping solutions, cross-listing capabilities, white-label auction technology, and partner network services. Its operations are organised into two reportable segments: Arts & Antiques and Industrial & Commercial, across which it operates multiple specialist marketplaces. The majority of revenue is generated from the Arts & Antiques segment. Geographically, it serves the United Kingdom, Mexico, Germany, and the United States, with the majority of revenue generated from the United States.

CommerceIQ is a Redwood City, California-headquartered SaaS platform for eCommerce optimization using machine learning. It manages pricing, promotions, supply chain, and content for brands like Procter & Gamble, Unilever, and Georgia-Pacific across Amazon, Walmart, and Instacart. The system delivers real-time insights to boost sales velocity and reduce stockouts on major retail sites.

Flexe is a Seattle-headquartered on-demand warehousing and fulfillment network founded in 2013. It connects retailers like Nike, Patagonia, and HelloFresh to 1,000 warehouses totaling 100 million square feet across North America. Flexe's platform enables e-commerce scaling with same-day delivery and omnichannel distribution services.

Hotmart is a Brazil-headquartered content distribution platform founded in 2011 that facilitates sales of digital products like online courses, ebooks, videos, and software. Market leader in Latin America, the company operates offices in Spain, Colombia, Mexico, and the Netherlands while expanding globally through affiliate commission models.

PandaDoc is a San Francisco-headquartered SaaS platform for document automation, featuring e-signature capture, workflow templates, and analytics tracking. Users create proposals, contracts, and quotes with drag-and-drop builders, integrating with CRM systems like Salesforce and HubSpot. It serves sales teams in SMBs and enterprises for streamlined deal closures.

Salla is a Riyadh-headquartered e-commerce platform tailored for Saudi Arabia and Arabic-speaking markets. Merchants build branded online stores with custom domains, manage inventory via web and mobile apps, generate automatic invoices, integrate with Instagram shopping, access customer databases, apply discounts, and utilize analytics reports for sales optimization.

ShipBob is a cloud-based logistics and fulfillment platform built for small and medium-sized e-commerce businesses, offering inventory management, order tracking, and analytics alongside a global network of fulfillment centers. Founded in 2014 through Y Combinator and based in Chicago, the company expanded from 10 to more than 24 facilities across the U.S., Canada, U.K., Ireland, and Australia, giving merchants a unified view of orders, inventory, and shipments across sales channels. It supports omnichannel offerings such as two-day shipping on marketplaces including Walmart Marketplace.

Swiftly is a vertical SaaS platform transforming grocery retail into digital media businesses. Its Swiftly Stack unifies POS, loyalty, e-commerce, and mobile data for identity resolution, audience targeting, and attribution. Retailers including independents and chains monetize inventory through self-serve campaigns for CPG brands like Procter & Gamble and Unilever.