Cove Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 44

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 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.is
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1666 Connecticut Avenue NorthWest
  • Washington, DC 20009
  • United States
+1 (202)
Primary Industry
Business/Productivity Software
Corporate Office
  • 1666 Connecticut Avenue NorthWest
  • Washington, DC 20009
  • United States
+1 (202)

Cove Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Cove’s complete valuation and funding history, request access »

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%
To view Cove’s complete cap table history, request access »

VC Exit Predictor

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Opportunity Score

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Exit Type

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Cove Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a one-stop-shop SaaS platform designed to consolidate tenant experience, operations, and key performance da
Business/Productivity Software
Washington, DC
44 As of 2024

Santa Clara, CA
 

Toronto, Canada
 
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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
You’re viewing 5 of 9 competitors. Get the full list »

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
To view Cove’s complete patent history, request access »

Cove Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 11 investors. Get the full list »

Cove FAQs

  • When was Cove founded?

    Cove was founded in 2013.

  • 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.

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