Cove Overview
- Year Founded
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2013

- Status
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Private
- Employees
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44

- Latest Deal Type
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Later Stage VC
- Investors
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11
Cove General Information
Description
Developer of a one-stop-shop SaaS platform designed to consolidate tenant experience, operations, and key performance data into one system. The company's platform offers features free internet, outlets, and call boxes, where members can track their usage, make reservations, share interests and skills, and connect with a community of freelance professionals, enabling property operators to book spaces for conference meetings and desks at their own specified location.
Contact Information
Website
www.cove.isCorporate Office
- 1666 Connecticut Avenue NorthWest
- Washington, DC 20009
- United States
Corporate Office
- 1666 Connecticut Avenue NorthWest
- Washington, DC 20009
- United States
Cove Timeline
Cove Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Later Stage VC | 01-Apr-2025 | Completed | Generating Revenue | |||
8. Later Stage VC | Cancelled | Generating Revenue | ||||
7. Later Stage VC | 25-Jul-2024 | Completed | Generating Revenue | |||
6. Later Stage VC (Series A2) | 01-Jun-2022 | Completed | Generating Revenue | |||
5. Later Stage VC | 20-Apr-2021 | Completed | Generating Revenue | |||
4. Accelerator/Incubator | 01-Jan-2021 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A1) | 12-May-2016 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 19-May-2015 | $2.8M | $5M | Completed | Generating Revenue | |
1. Seed Round | 17-Jun-2014 | $2.2M | $2.2M | Completed | Startup |
Cove Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series A-2-1 | ||||||||
Series A-2 | ||||||||
Series A1 | 5,914,391 | $0.000100 | 6% | $1 | $1 | 1x | $1 | 17.92% |
Series A | 5,025,850 | $0.000100 | 6% | $0.51 | $0.51 | 1x | $0.51 | 15.23% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Cove Comparisons
Industry
Financing
Details
Cove Competitors (9)
One of Cove’s 9 competitors is Atheer, a Venture Capital-Backed company based in Santa Clara, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Atheer | Venture Capital-Backed | Santa Clara, CA | ||||
Lane | Formerly VC-backed | Toronto, Canada | ||||
Buildium | Formerly PE-Backed | Boston, MA | ||||
Building Engines | Formerly PE-Backed | Boston, MA | ||||
HqO | Venture Capital-Backed | Boston, MA |
Cove Patents
Cove Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
CA-2920206-A1 | Systems and methods for providing on demand business resources | Inactive | 31-Jul-2013 | ||
EP-3028224-A2 | Systems and methods for providing on demand business resources | Inactive | 31-Jul-2013 | ||
EP-3028224-A4 | Systems and methods for providing on demand business resources | Inactive | 31-Jul-2013 | ||
US-20150039357-A1 | Systems and methods for providing on demand business resources | Inactive | 31-Jul-2013 | ||
US-20220277245-A1 | Systems and methods for providing on demand business resources | Inactive | 31-Jul-2013 | G06Q10/06314 |
Cove Signals
Cove Investors (11)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
RXR ARDEN Digital Ventures | Venture Capital | Minority | ||
Lead Edge Capital | Growth/Expansion | Minority | ||
Nuveen | Asset Manager | Minority | ||
ORG Portfolio Management | Real Estate | Minority | ||
O'Shaughnessy Ventures | Venture Capital | Minority |
Cove FAQs
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When was Cove founded?
Cove was founded in 2013.
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Where is Cove headquartered?
Cove is headquartered in Washington, DC.
-
What is the size of Cove?
Cove has 44 total employees.
-
What industry is Cove in?
Cove’s primary industry is Business/Productivity Software.
-
Is Cove a private or public company?
Cove is a Private company.
-
What is Cove’s current revenue?
The current revenue for Cove is
. -
How much funding has Cove raised over time?
Cove has raised $24.4M.
-
Who are Cove’s investors?
RXR ARDEN Digital Ventures, Lead Edge Capital, Nuveen, ORG Portfolio Management, and O'Shaughnessy Ventures are 5 of 11 investors who have invested in Cove.
-
Who are Cove’s competitors?
Atheer, Lane, Buildium, Building Engines, and HqO are some of the 9 competitors of Cove.
Data Transparency
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