# Coherent

> Coherent is an enterprise SaaS company that discovers spreadsheet-based business logic, governs Excel models, and compiles approved models into API services. Its Insights, Control, and Spark products serve insurers, banks, asset managers, and other financial institutions that want to deploy existing calculations without manually rewriting them.

- **Founded:** 2018
- **Headquarters:** New York, United States
- **Founders:** John Brisco (CEO and co-founder), Michael Chan (Original co-founder; left Coherent Group in 2018 to establish Bowtie), Fred Ngan (Original co-founder; left Coherent Group in 2018 to establish Bowtie)
- **Products:** Coherent Insights, Coherent Control, Coherent Spark, Spark Hybrid Runner
- **Notable:** Announced US$89 million total funding after its April 2022 Series B., Current website reports 150+ insurers and financial institutions., MISSION reports rating builds reduced from one or two months to one week.

## Products & services

- **Coherent Insights** — Discovers and catalogs Excel estates, extracts workbook structure and dependencies, and helps identify complexity, version sprawl, sensitive information, and model risk; AI assists interpretation.
- **Coherent Control** — Adds version history, access control, approval workflows, and audit records to Excel-based models, including governance actions within Excel.
- **Coherent Spark** — Compiles spreadsheet calculations into versioned REST API services with automated testing, simulation, deployment, and rollback capabilities.
- **Spark Hybrid Runner** — Runs compiled logic in customer-controlled environments including on-premises and private cloud infrastructure.

## Achievements

- Announced US$89 million total funding after its April 2022 Series B.
- Current website reports 150+ insurers and financial institutions.
- MISSION reports rating builds reduced from one or two months to one week.
- ICEA LION reports deployment reduced from roughly one year to two months and more than 700,000 API calls in a month.
- A company-published anonymous insurer case reports capital-model runtime reduced from 8.5 hours to two minutes.

## Latest updates

- **2026-09** — Appointed former Deloitte Partner and Head of AI Engineering Dhileep Paski General Manager of Asia Pacific, based in Hong Kong.
- **2026-08** — Appointed former EY finance-transformation Director Harsil Patel Chief Growth Officer and General Manager of EMEA, based in London.
- **2026-07** — Published an insurer-focused account of Excel model deployment covering capital modeling, group-benefits rating, and customizable life products.
- **2026-03** — Indico Data and Coherent announced an underwriting intake and orchestration partnership.

## Links

- Website: https://www.coherent.global/
- LinkedIn: https://www.linkedin.com/company/coherent-group/
- Twitter/X: https://twitter.com/coherentglobal
- YouTube: https://www.youtube.com/@coherentspark

---

Profile page: https://yespress.io/coherent
Published by YesPress — https://yespress.io
Last updated: 2026-10-04