About Cove
Cove is a company based in Los Angeles (United States) founded in 2014. It operates as a Product-as-a-Service. Cove has raised $11.6 million across 2 funding rounds from investors including Valor Equity Partners, Lupa Systems and Litani Ventures. Cove offers products and services including Sustainable Packaging Solutions. Cove operates in a competitive market with competitors including Xampla, Hidrate, Vegware, MIW and Good Start Packaging, among others.
- Total Equity Funding$11.6M (USD)
in 2 rounds
- Latest Funding Round$6.6M (USD), Series A
Oct 2023
- InvestorsValor Equity Partners
& 2 more
Products & Services of Cove
Cove offers a comprehensive portfolio of products and services, including Sustainable Packaging Solutions.
Innovative packaging materials are developed to reduce pollution.
Funding Insights of Cove
Cove has successfully raised a total of $11.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.6 million completed in October 2023. 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.
- Total Funding $11.6M
- Total Rounds 2
- Last Round Series A — $6.6M
- First Round $5M
(Dec 2019)
- Investors Count 3
All 2 funding rounds of Cove with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $6.6M | Series A | – | Valor Equity Partners | |
| Dec 2019 | $5M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in Cove
Cove has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Valor Equity Partners, Lupa Systems and Litani Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm | – | valorep.com | Chicago, United States | |
Limited information available | – | lupasystems.com | New York, United States | |
Venture capital firm investing in multiple sectors | – | litani.com | Chicago, United States |
Investor details for Cove
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Cove
3 dated milestones of Cove across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Cove is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series A, of $6.6M.
Competitors of Cove
Cove 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 Xampla, Hidrate, Vegware, MIW and Good Start Packaging, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xampla.com | 2018 | Cambridge, United Kingdom | $31.91M | 1 | Plant-based biodegradable packaging products are manufactured from vegan materials. | |
| hidratespark.com | 2014 | Boulder, United States | $15.11M | 22 | Internet-first brand offering smart water bottle | |
| vegware.com | 2006 | Edinburgh, United Kingdom | – | 81 | Food packaging manufacturing services are provided to global clients. | |
| materialsinworks.com | 2018 | Kuala Lumpur, Malaysia | $428,649 | 1,213 | Recovered cellulose pulp is manufactured from recycled paper liner waste. | |
| goodstartpackaging.com | 2009 | Bedford, United States | – | – | Offers eco-friendly compostable products for restaurants, cafes, and food businesses worldwide. | |
| behtec.de | 2024 | Stuttgart, Germany | – | 79 | BEHtec provides bio-based natural fiber composites for lightweight manufacturing in various sectors. | |
| provietnam.com.vn | 2019 | Ho Chi Minh, Vietnam | – | – | Promotes recycling of packaging waste and circular economy through education and partnerships. | |
| instreamwater.com | 2017 | Denver, United States | $561,995 | – | Smart water bottles and wristbands facilitate automated refilling. | |
| greentekplanet.com | 2019 | New York, United States | – | – | Provides eco-friendly plant-based disposables and packaging for businesses online. |
Detailed competitors of Cove
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cove
The website of Cove (cove.co) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 0.6% vs previous month
Latest news on Cove
Complete news archive for Cove
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Cove
10 companies that operate in the same segment as Cove (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Frequently Asked Questions about Cove
Cove was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Cove is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Cove is a funded company, having raised a total of $11.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Dec 2019.
Cove is engaged in materials and packaging science, aiming to re-engineer products that significantly contribute to global pollution. The company operates within the sustainable materials sector, developing innovative solutions to address environmental challenges in packaging industries.
Cove offers Sustainable Packaging Solutions.
Cove has 3 investors. Key investors include Valor Equity Partners, Lupa Systems, and Litani Ventures.