Cover Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
-
81
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$60M
- Investors
-
37
Cover General Information
Description
Developer of backyard studios and guesthouses designed to offer proper and energy-efficient housing space alternatives. The company leverages proprietary software to determine suitable property specifications and engages in the design, permitting, manufacturing, and installation, enabling customers to enhance their living environment.
Contact Information
Website
www.buildcover.comCorporate Office
- 1219 West 135th Street
- Gardena, CA 90247
- United States
Corporate Office
- 1219 West 135th Street
- Gardena, CA 90247
- United States
Cover Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Later Stage VC (Series B) | 28-Oct-2021 | $60M | Completed | Generating Revenue | ||
3. Seed Round | 28-Jul-2020 | Completed | Generating Revenue | |||
2. Seed Round | 12-Sep-2017 | $1.7M | $1.7M | Completed | Startup | |
1. Accelerator/Incubator | 01-Jan-2016 | Completed | Startup |
Cover Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B-5 | ||||||||
Series B-4 | ||||||||
Series B-3 | ||||||||
Series B-2 | ||||||||
Series B-1 | ||||||||
Seed-6 | ||||||||
Seed-5 | ||||||||
Seed-4 | ||||||||
Seed-3 | 1,252,609 | $0.000100 | $0.48 | $0.48 | 1x | $0.48 | 3.55% | |
Seed-2 | 64,766 | $0.000100 | $0.39 | $0.39 | 1x | $0.39 | 0.18% |
Cover Signals
Cover Investors (37)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Arash Ferdowsi | Angel (individual) | Minority | ||
ATEL Capital Group | Lender/Debt Provider | Minority | ||
Austen Allred | Angel (individual) | Minority | ||
Bill Peck | Angel (individual) | Minority | ||
Bruce Richardson | Angel (individual) | Minority |
Cover FAQs
-
When was Cover founded?
Cover was founded in 2014.
-
Where is Cover headquartered?
Cover is headquartered in Gardena, CA.
-
What is the size of Cover?
Cover has 81 total employees.
-
What industry is Cover in?
Cover’s primary industry is Construction and Engineering.
-
Is Cover a private or public company?
Cover is a Private company.
-
What is the current valuation of Cover?
The current valuation of Cover is
. -
What is Cover’s current revenue?
The current revenue for Cover is
. -
How much funding has Cover raised over time?
Cover has raised $71.7M.
-
Who are Cover’s investors?
Arash Ferdowsi, ATEL Capital Group, Austen Allred, Bill Peck, and Bruce Richardson are 5 of 37 investors who have invested in Cover.
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