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Decipad: Interactive notebook platform for no-code data modeling and analysis, serving non-technical users, teams, and finance professionals.
Decipad is a New York, New York-based software company that provides an interactive notebook platform combining text, numbers, and visualizations for no-code data modeling and analysis. The platform enables non-technical users, finance professionals, and data analysts to build custom data models, track expenses, and create collaborative reports without requiring advanced programming skills. Operating on a freemium software-as-a-service model, the enterprise has raised $5 million in total seed funding to support its development and private beta testing phases. This financing was co-led by Entrée Capital and Target Global, with additional participation from prominent venture firms including Flybridge Capital and Founder Collective. The system utilizes community-driven templates to facilitate diverse analytical use cases ranging from corporate cash flow management to personal health tracking and cryptocurrency exploration. Decipad was founded in 2021 by Nuno Job and Kelly McEttrick.
Decipad has raised $5.0M across 1 funding round.
Decipad has raised $5.0M in total across 1 funding round.
Decipad has raised $5.0M in total across 1 funding round.
Decipad's investors include Entrée Capital Ventures, Target Global, Double Prime LLP, Embedded Ventures, Felix Capital, Outrun Ventures, Possible Ventures, Project A Ventures, Jan Beckers, Angel Invest, Flybridge Capital Partners, Founder Collective.
High-Level OverviewDecipad is a technology startup that provides a no-code, low-code platform designed to help individuals and teams create, collaborate, and present data-driven stories through interactive notebooks. Its product combines spreadsheet-like capabilities with narrative storytelling, enabling users to build data models, plans, and reports that are visual, interactive, and easy to understand without requiring programming skills. Decipad serves a broad audience including students, teachers, teams, founders, and professionals who need to analyze and communicate data effectively. The company operates on a subscription-based model, offering continuous product improvements and updates[1][2][6].
Origin StoryFounded in January 2021 by CEO Nuno Job, CTO Pedro Teixeira, and CCO Kelly McEttrick, Decipad emerged from Nuno Job’s experience running YLD, an engineering and design consultancy. He identified a significant gap between complex programming tools and the needs of non-technical users who wanted to collaborate meaningfully with data. This insight led to the creation of a platform that democratizes data modeling and storytelling for users without coding expertise. Early traction includes a growing waitlist, a Discord community of around 900 members, and a $5 million seed funding round co-led by Entrée Capital and Target Global[2][3][5].
Core Differentiators- Product Differentiators: Combines data, formulas, and text into a single, flexible notebook that is visual and interactive, eliminating the need for multiple apps like spreadsheets, Notion, and PowerPoint[1][6].- Developer Experience: No-code and low-code environment with human-readable formulas, making data modeling accessible to non-technical users[2][6].- Speed, Pricing, Ease of Use: Subscription-based service with continuous updates; designed for quick adoption by diverse users including non-analysts[1][3].- Community Ecosystem: Active early user community on Discord fostering collaboration and feedback; emphasis on inclusivity and learning from competitors to set ambitious goals[3][5].
Role in the Broader Tech LandscapeDecipad rides the growing trend of democratizing data analytics and modeling, empowering non-technical users to engage with data-driven decision-making. The timing is favorable due to increasing demand for accessible data tools in both professional and personal contexts, as businesses and individuals seek to leverage data without relying solely on specialized analysts or developers. Decipad’s approach influences the broader ecosystem by bridging the gap between complex spreadsheet tools and collaborative productivity platforms like Notion and Airtable, positioning itself as a "Notion for numbers"[2][5]. This aligns with market forces emphasizing data literacy, remote collaboration, and no-code/low-code solutions.
Quick Take & Future OutlookDecipad is poised to expand its user base and product capabilities as it moves beyond beta, scaling its team and refining its platform to meet diverse data storytelling needs. Future trends shaping its journey include the rise of AI-powered data tools, increasing demand for collaborative analytics, and the broader adoption of no-code platforms. As Decipad grows, it may deepen its influence by fostering a culture where data-driven knowledge is accessible and reusable across industries, potentially becoming a key player in transforming how people interact with numbers daily[3][4][5].
Decipad has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $5.0M Seed | Entrée Capital Ventures, Target Global | Double Prime LLP, Embedded Ventures, Felix Capital, Outrun Ventures, Possible Ventures, Project A Ventures, Jan Beckers, Angel Invest, Flybridge Capital Partners, Founder Collective, Shilling |