Causal
also invests · investor profileacquired by LucanetClaymont, 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.

Investors · 14
How we know: Accel's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Nat Turner's portfolio page · Not right? Tell us
How we know: Passion Capital's portfolio page · Not right? Tell us
How we know: Verissimo Ventures's portfolio page · Not right? Tell us
How we know: press coverage · Not right? Tell us
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How we know: the VCSheet dataset · Not right? Tell us
How we know: a partner's Signal profile · Not right? Tell us
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Reported raises · per SEC filings
Form D private placements$25.9M disclosed across 2 rounds · 2021
▶$5.7MraisedAug 2022 · 42 investors · Other TechnologyRule 506(b)
- 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
▶$20.2MraisedAug 2022 · 20 investors · Other TechnologyRule 506(b)
- 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
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.










