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§ Private Profile · Minneapolis, MN, USA
Custom software development, digital product engineering, and consulting for scaleups and global brands via a global delivery model.
Coherent Solutions is a Minneapolis, Minnesota-based technology firm that provides custom software development, digital product engineering, and IT consulting services to growing scaleups and global brands. Operating through a distributed global delivery model, the organization generates approximately $241.3 million in annual revenue through enterprise client contracts for platform modernization and software engineering. The firm maintains a substantial international footprint with a workforce of over 2,000 employees distributed across 10 countries, executing complex technical projects across multiple time zones. To support its cross-border operations, the company expanded its European presence by establishing a dedicated software development center in Bulgaria in 2018. The business is financially backed by the private equity investment firm IceLake, which provided capital to help scale its digital engineering services. Coherent Solutions was originally founded in 1995 by chief executive officer Igor Epshteyn.
Coherent Solutions has raised $3.0M across 1 funding round.
Coherent Solutions has raised $3.0M in total across 1 funding round.
Coherent Solutions has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Series A in January 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 14, 2018 | $3M Series A | Lance Wiggs | K1W1, NEW Zealand Growth Capital Partners, University OF Auckland | Announced |
Coherent Solutions has raised $3.0M in total across 1 funding round.
Coherent Solutions's investors include Lance Wiggs, K1W1, New Zealand Growth Capital Partners, University of Auckland.