Coana

Coana

Coana's SCA tool scans for vulnerabilities in open source dependencies, reducing false positives by more than 80%.

Founded 2022 Denmark

Denmark 11 employees Pre-Seed Total: $2.07M Enterprise Software, IT +1

Coana is an Enterprise Software startup headquartered in Denmark. Founded in 2022, the company has developed an innovative SCA (Software Composition Analysis) tool that addresses the challenges faced by software teams in dealing with the overwhelming alerts from traditional SCA tools. With its advanced reachability analysis, Coana's SCA tool significantly reduces false alerts by over 80%, providing a more efficient and accurate vulnerability scanning process for open source dependencies. The latest milestone for Coana was the $1.60M Pre Seed Round investment on 23rd January 2024. Notably, the investment came from prominent backers including Sequoia Capital, Essence VC, Kamal Shah, Taylor Lehmann, Anders Thorhauge Sandholm, Esben Friis-Jensen, Drew Dennison, Thomas Riisgaard Hansen, and Paul St. John. The support from such established investors underlines the potential of Coana's technology and its future impact on the software industry. This backing not only provides financial resources but also signifies a vote of confidence in the startup's team, product, and vision. With the groundbreaking SCA tool and strong investor support, Coana is poised for further growth, potentially revolutionizing the landscape of vulnerability scanning and open source dependency management.

Funding Stage	Amount	Investors	Lead Investors	Date
Pre Seed Round	$1.60M	9	Essence VC, Kamal Shah +7	23 Jan 2024
Grant	$105.00K	1	Innovation Fund Denmark	01 Oct 2022
Grant	$155.00K	-		01 May 2022
Grant	$210.00K	-		01 Jan 2022

Funding Stage

Amount

Investors

Lead Investors

Date

Pre Seed Round

$1.60M

Essence VC, Kamal Shah +7

23 Jan 2024

Grant

$105.00K

Innovation Fund Denmark

01 Oct 2022

Grant

$155.00K

01 May 2022

Grant

$210.00K

01 Jan 2022

FAQ About Coana

Coana's SCA tool scans for vulnerabilities in open source dependencies, reducing false positives by more than 80%.

Coana was founded in 2022.

Coana is headquartered in Denmark.

Coana operates in Enterprise Software, IT and Privacy and Security. Its work centres on SCA, Software Composition Analysis, Security Vulnerability Scanning and Software Supply Chain Security.

Coana has approximately 11 employees.

Coana has completed 4 funding rounds, raising a total of $2.07M. The latest funding stage is Pre-Seed.

Top alternatives and competitors to Coana include Socket, Anchore, Sourcebrella Inc, Oligo Security, RIPS Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Coana and Socket are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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