Cove Fund

Summary

Cove Fund appeared to be the VC, which was created in 2018. The leading representative office of defined VC is situated in the Irvine. The fund was located in North America if to be more exact in United States.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Cove Fund, startups are often financed by EvoNexus, Frost Data Capital, Tech Coast Angels. The meaningful sponsors for the fund in investment in the same round are Tech Coast Angels, Serra Ventures, Mark IV Capital. In the next rounds fund is usually obtained by Tech Coast Angels, Mitsubishi UFJ Capital, Grey Sky Venture Partners.

This organization was formed by Fred Selby, Hans Imhof, Howard Mirowitz, John Kensey, Mike Benvenuti, Paul Voois. The overall number of key employees were 2.

The fund is constantly included in 2-6 investment rounds annually. The real fund results show that this VC is 53 percentage points more often commits exit comparing to other companies. The important activity for fund was in 2016. The common things for fund are deals in the range of 1 - 5 millions dollars.

Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. The fund has exact preference in some founders of portfolio startups. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most successful fund investment fields, there are Mobile, Gaming. Among the most popular portfolio startups of the fund, we may highlight Capillary Biomedical, VYRL, OnSite Waste Technologies.