/Companies

Causal

also invests · investor profileacquired by Lucanet

Claymont, US · Founded 2019 · Delaware corporation · 930 employees on LinkedIn · 14 known investors

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Acquired by Lucanet October 2024 · terms undisclosed · source ↗

Causal provides an extended planning and analysis (xP&A) platform for finance teams, offering budgeting, forecasting, scenario planning, and reporting that connects data across departments. It replaces spreadsheet-based planning with dynamic multi-dimensional modeling, natural language formulas, and custom reporting.

Founders & leadership

Causal was founded in 2019 by Taimur Abdaal and Lukas Koebis.

TATaimur Abdaal
Taimur AbdaalFounderTaimur Abdaal is the founder and chief executive of Causal, which provides financial planning and analysis software for enterprise finance teams.
LK
Lukas KoebisFounder
LK
Lukas KobisFounder

Investors · 14

Reported raises · per SEC filings

Form D private placements

$25.9M disclosed across 2 rounds · 2021

▶$5.7MraisedAug 2022 · 42 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Taimur AbdaalExecutive Officer, Director, Promoter
  • Lukas KoebisExecutive Officer, Director, Promoter
Offering amount
$5.7M
Amount sold
$5.7M
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$20.2MraisedAug 2022 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Taimur AbdaalExecutive Officer, Director, Promoter
  • Lukas KoebisExecutive Officer, Director, Promoter
Offering amount
$20.5M
Amount sold
$20.2M
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 1

Companies working in the same space as Causal.

Frequently asked questions

What does Causal do?
Causal provides an extended planning and analysis (xP&A) platform for finance teams, offering budgeting, forecasting, scenario planning, and reporting that connects data across departments. It replaces spreadsheet-based planning with dynamic multi-dimensional modeling, natural language formulas, and custom reporting.
Who founded Causal?
Causal was founded by Taimur Abdaal, Lukas Koebis in 2019.
Who are Causal's investors?
Causal's investors include Accel, Coatue Management, Nat Turner, Passion Capital, Verissimo Ventures, 186 Ventures, 645 Ventures, Amity Ventures and 6 more.
How much funding has Causal raised?
Causal has disclosed $25.9M raised across 2 rounds.
Who acquired Causal?
Causal was acquired by Lucanet.
Where is Causal headquartered?
Causal is headquartered in Claymont, US.