Cove Markets

Chicago, United States Founded: 2018 • Age: 8 yrs Acquired By Robinhood
Alternative trading system for cryptocurrencies
Annual revenue - Latest available
Total funding $1.5M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Cove Markets

Cove Markets is a company based in Chicago (United States) founded in 2018 was acquired by Robinhood in December 2021. Cove Markets has raised $1.53 million across 1 funding round from investors including Robinhood. Cove Markets operates in a competitive market with competitors including Altonomy, SIBEX, Oasis Pro Markets, Genesis Vision and Bluefire Capital, among others.

  • Headquarter Chicago, United States
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.53 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.53 M (USD), Seed

    Oct 11, 2019

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Robinhood

    (Dec 14, 2021)

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Funding Insights of Cove Markets

Cove Markets has successfully raised a total of $1.53M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.53 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Cove Markets

Cove Markets has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Robinhood.

All
Institutional
Investor Description Founded Year Domain Location
Commission-free trading and investment services are provided by Robinhood.
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Investor details for Cove Markets

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Investments & Acquisitions by Cove Markets

Investments
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Investment portfolio details for Cove Markets

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Financial Statements - Cove Markets

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Detailed financials for Cove Markets

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Cove Markets Comparisons

Cove Markets Primary company
Description
Alternative trading system for cryptocurrencies
Location
Chicago, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Cove Markets

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Competitors of Cove Markets

Cove Markets operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Altonomy, SIBEX, Oasis Pro Markets, Genesis Vision and Bluefire Capital, among others.

Company Name Domain Founded year HQ Location Description
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Digital assets trading, advisory, and management services are provided.
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Digital asset trading solutions
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Liquidity and trading services for digital securities are provided.
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Private trust management is enabled through blockchain technology.
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Alternative cryptocurrency trading system
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Institutional crypto trading tools are provided via blockchain technology.
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Detailed competitors of Cove Markets

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Latest news on Cove Markets

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Complete news archive for Cove Markets

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Frequently Asked Questions about Cove Markets

Cove Markets was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Cove Markets is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Scott Knudsen is the current CEO of Cove Markets.

Cove Markets is a funded company, having raised a total of $1.53M across 1 funding round to date.

Cove Markets provides an alternative trading system for cryptocurrencies. It provides a liquidity aggregator and crypto-trading platform for crypto investors and traders. It features analytical tools, real-time price charts, etc.

Cove Markets's top competitors include Oasis Pro Markets, Altonomy and Genesis Vision.

Cove Markets has 1 investor. Key investors include Robinhood.

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