Coefficient Capital is a New York-based growth equity firm founded in 2018 by Andrew Goletka and Franklin Isacson. The firm invests in consumer brands and companies that are navigating the shift between digital and physical retail channels. Since founding, Coefficient has invested in more than 20 consumer companies and supported strategic outcomes with leading corporate buyers, building a track record of exits to major consumer goods companies.
Coefficient backs consumer brands, consumer tech, and retail companies aligned with major structural shifts in how people discover, buy, and engage with consumer products. The firm looks for businesses with demonstrated traction across e-commerce and retail channels, with the potential to scale into multi-channel consumer brands. Categories include food and beverage, personal care, health and wellness, and consumer tech.
Coefficient Capital Fund II closed at $290 million, with the firm simultaneously announcing the close of a previously undisclosed Apex Fund with $240 million in committed capital, bringing total assets under management to over $800 million.
The Apex Fund operates as a separate growth vehicle and has already deployed capital into several portfolio companies, including Kate Farms, which was subsequently acquired by Danone in late 2025. Coefficient's combined fundraise of over $500 million reflects strong LP demand for a dedicated consumer growth equity strategy. The firm has backed brands including Oatly (IPO), NomNom (acquired by Mars), Just Spices (acquired by Kraft Heinz), and Kate Farms (acquired by Danone).
Leadership
Andrew Goletka is Founding and Managing Partner at Coefficient Capital, bringing a background as a tech investor and advisor focused on consumer and retail before co-founding the firm. Franklin Isacson is Founding and Managing Partner with seventeen years of consumer products and retail experience. He previously opened the US office for Verlinvest, a European consumer fund, where he worked on investments including Vita Coco, Sir Kensington, and Oatly. He also worked in strategy at Diageo, brand marketing at LVMH, and earlier in his career as a consultant at BCG and an investment banker at UBS. Isacson holds an MBA from Columbia Business School, a BA from Trinity College Dublin, and a Diploma from Sciences Po Paris.
Investment Strategy
Coefficient operates across both early and late growth stages, deploying capital from its flagship fund and its Apex Fund depending on company maturity. The firm focuses on consumer brands with multi-channel potential and applies deep sector knowledge and corporate buyer relationships to help portfolio companies reach strategic outcomes. Partners Anna Whiteman and Arpon Ray round out the investment team, with Dan Frommer serving as Head of Data and Research. The firm's track record of exits to Mars, Kraft Heinz, and Danone reflects a deliberate strategy of investing with an eye toward strategic acquirers.
Notable Investments
Coefficient's portfolio spans food and beverage, personal care, health, and consumer tech:
Other
Coefficient operates from its New York office at 27 Union Square West and can be reached at hello@coefcap.com or 212.653.0046. The firm's dual-fund structure allows it to invest across early and late growth stages within consumer, giving it flexibility to follow portfolio companies as they scale.
United States
