Private company

Coherent Solutions

Software product development and consulting company

Coherent Solutions is a software product development and consulting company headquartered in Minneapolis, Minnesota. Founded in 1995, the company provides software engineering, product design, artificial intelligence (AI), cloud computing, data analytics, quality assurance, and Salesforce consulting services. It operates development offices in North America and Europe.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1995Founded1
  • IndustryIT service, analytics, artificial intelligence, software development1
  • HeadquartersMinneapolis1
  • Websitewww.coherentsolutions.com
  • Legal formcorporation1

Coherent Solutions is a software product development and consulting company headquartered in Minneapolis, Minnesota. Founded in 1995, the company provides software engineering, product design, artificial intelligence (AI), cloud computing, data analytics, quality assurance, and Salesforce consulting services. It operates development offices in North America and Europe.2

Corporate structure

Coherent Solutions sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Coherent Solutions Minneapolis
    • ISsoft Subsidiary · Minsk, Belarus

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Coherent Solutions was founded in 1995 in Minneapolis, Minnesota by Igor Epshteyn.

In 2003, Epshteyn established the company's first international development center in Minsk, Belarus, Europe, as part of a broader global expansion effort. Coherent's Minneapolis headquarters became the company's global hub for client management and front-end consulting, while international subsidiaries across Europe and Latin America became the core technical engine for software design, development, testing, and maintenance.

In 2006, Coherent Solutions became a Microsoft Gold Certified Partner.

According to the AWS Partner Network, the company is also an AWS partner, listed as an Advanced Tier Services Partner (named an AWS Advanced Consulting Partner in 2019).

In 2017, Coherent Solutions launched a training program to introduce high school students to software development. The initiative later expanded into an international education program for employees' children, offering courses in subjects including Python, Java, Scratch, machine learning, and UX design across the company's locations.

By 2021, the company had expanded globally, establishing development offices in Bulgaria, Moldova, Mexico, Lithuania, Ukraine, Romania, Georgia, and Poland.

In 2023, Coherent Solutions was included on the Inc. 5000 list of fastest-growing private companies in the United States and was named the best place to work by the St. Paul Business Journal in Minneapolis.

In 2024, the company received both the Clutch Global Award and the Clutch Champion recognition.

Read the full text

In 2025, Coherent Solutions secured a strategic investment from private equity firm IceLake. The same year, it partnered with MaxContact to develop Spokn AI, a generative AI-powered speech analytics platform for cloud-based contact centres. In May 2025, the company was named a Spring Clutch Global Award winner in the categories of Artificial Intelligence, Natural Language Processing, and Robotics. In November 2025, Coherent Solutions launched The Norm, a digital experience agency created to consolidate the company's UX and UI design capabilities under a dedicated brand. In July 2025, the Minneapolis / St. Paul Business Journal ranked Coherent Solutions as the largest IT consulting firm in the Twin Cities, the fifth time it had topped the annual list in six years.

In June 2026, Coherent Solutions published a white paper on the use of artificial intelligence in fraud detection for financial services. The publication examined AI technologies, including machine learning, graph analytics, biometrics, and agentic systems.

From Wikipedia’s article on Coherent Solutions, shared under CC BY-SA 4.0.3

Products and brands

Coherent Solutions provides custom software development, digital engineering, and technology consulting services. Its services include digital product engineering, artificial intelligence, data analytics, DevOps, mobile application development, and product design.

From Wikipedia’s article on Coherent Solutions, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. 1995Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$495.2K 2020–2020
Money received by yearMoney received by year, 2020–2020: $495.2K in all. PPP loans $495.2K.$0$200K$400K$600K2020 · PPP loans: $495.2K2020
Figures by year
YearPPP loansTotal
2020$495.2K$495.2K

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA4. Matched to this company by name and state.

  1. Apr 13, 2020$495.2K PPP loan (first draw) from BMO Bank National Association4To COHERENT SOLUTIONS, INC., Minneapolis MN; $498.3K forgiven Dec 2, 2020

Sources

The numbers on this page point here. Each one links to the record it came from.

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