4 years ago

Causal Raises £3 Million to Replace Microsoft Excel

  • Causal, a UK-based startup aiming to replace Microsoft Excel, has secured £3 million in seed funding, bringing its total funding to £4 million

  • The round was led by Accel, with participation from existing investors Coatue, Passion Capital, Verissimo Ventures, Naval Ravikant, and Varadh Jain

  • Causal's platform allows users to build financial models effortlessly and share them with interactive, visual dashboards

  • The funding will be used to grow the engineering team and take the product to market

  • Causal will be officially launching the product on Product Hunt next month.

      • ProblemTechnology

      "Building and using spreadsheets, particularly in collaborative environments, is often inefficient and error-prone. Traditional spreadsheets lack seamless integration with data sources, rely on cryptic formulas, and hinder effective collaboration."

      Solution

      "Causal offers a user-friendly platform for financial modeling and data visualization that simplifies complex calculations, integrates with various data sources, and enables seamless collaboration through interactive dashboards and intuitive sharing features."

      Covered on