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Covington Associates

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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.

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Total investments 1
Average round size
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The average size of a deal this fund participated in
$4M
Portfolio companies 1
Rounds per year 0.03
Lead investments 1
Exits 1
Key employees Soon
http://www.covingtonassociates.com
Boston, Massachusetts, United States
Stages of investment
Early Stage Venture

Areas of investment

  • Virtualization
  • Cloud Computing
  • Software
Summary

In 1991 was created Covington Associates, which is appeared as Corporate Investor. The leading representative office of defined Corporate Investor is situated in the Boston. The company was established in North America in United States.

Among the most popular portfolio startups of the fund, we may highlight Embotics. We can highlight the next thriving fund investment areas, such as Virtualization, Software. For fund there is no match between the location of its establishment and the land of its numerous investments - Canada. Besides, a startup needs to be aged 2-3 years to get the investment from the fund.

The standard case for the fund is to invest in rounds with 1 partaker. Despite the Covington Associates, startups are often financed by Tera Capital Corporation. In the next rounds fund is usually obtained by VentureLink LP, Espresso Capital, Covington Funds.

The fund is generally included in less than 2 deals every year. The common things for fund are deals in the range of 1 - 5 millions dollars. The higher amount of exits for fund were in 2019. The important activity for fund was in 2008.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Covington Associates:
1 Tera Capital Corporation
Typical Co-investors
Covington Associates is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Covington Associates:
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
1 Benchmark
2 BlueRun Ventures
3 Grotech Ventures
4 HWVP, Hummer Winblad Venture Partners
5 Sierra Ventures
Funds with the same geo focus
Funds with similar geography of portfolio companies:
1 Investeco Capital
2 National Bank of Canada
3 PI Financial
4 SaskWorks Venture Fund
5 VA Angels
Funds doing lead investments
Funds with similar focus acting as lead investors:
1 Datum AS
2 Global Gateway Investment Group
3 Greenland Group
4 Session.vc
5 Treacle Private Equity

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Embotics

Cloud Computing
Software
Virtualization
$4M10 Dec 2008
Covington Associates
 Ontario
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Total investments 1
Average round size 4M
Rounds per year 0.03
Peak activity year 2008
Lead investments 1
Exits 1

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Embotics

Cloud Computing
Software
Virtualization
$4M10 Dec 2008
Covington Associates
 Ontario
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