Cove Fund

Founded 2014
Founders Fred Selby Hans Imhof Howard Mirowitz John Kensey Mike Benvenuti Paul Voois

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 28
Average round size
info
The average size of a deal this fund participated in
$4M
Portfolio companies 22
Rounds per year 4.00
Lead investments 8
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.21
Key employees 2
Stages of investment
Seed

Areas of investment

  • Health Care
  • Software
  • SaaS
  • Medical Device
  • Analytics
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.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Cove Fund:
Typical Co-investors
Cove Fund is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Cove Fund:

Funds with similar focus

Funds from United States, Irvine
Funds with similar focus located in United States, Irvine:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

Daasity

Analytics
Data Integration
Data Visualization
E-Commerce
1
$3M26 Mar 2021 United States, San Diego

Broadcasting
Marketing
Media and Entertainment
Music
Music Streaming
Video Streaming
1
$4M27 Feb 2021 United States, " United States"}

Vessel

Fitness
Health Care
Wellness
1
$8M27 Jan 2021 United States, San Diego

Carlsmed

Analytics
Artificial Intelligence
Health Care
Medical Device
1
$10M16 Dec 2020 United States, San Diego

GoSite

Apps
CRM
Enterprise Software
Internet
Messaging
SaaS
SMS
Software
1
$40M01 Dec 2020 United States, San Diego

Ubiq Security

Cyber Security
Developer APIs
Information Technology
PaaS
SaaS
1
$6M19 Nov 2020 United States, San Diego

Dermala

Biotechnology
1
$4M09 Nov 2020 United States, San Diego

OnSite Waste Technologies

Health Care
Medical
Medical Device
Training
Waste Management
1
$3M23 Oct 2020 United States, " United States"}

Trackstreet

Information Services
Information Technology
1
$5M14 Jul 2020 United States, Las Vegas
News
Daasity Raises $3.4M in Seed Funding
– Daasity is a premiere analytics and data platform that empowers direct-to-consumer and omni-channel brands to understand and leverage their data. – The company raised $3.4m in seed funding. – The round was led by VMG Catalyst with participation from Centre Street Partners, Cove Fund, Exeter Capital, 1855 Capital, Mooring Ventures, Okapi Venture Capital, and Serra Ventures. – The new investment will be used to expand the team, further develop the platform and product, and increase marketing efforts. Read more

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Cove Fund?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Crunchbase icon

Content report

The following text will be sent to our editors: