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.
- Headquarter Los Angeles, United States
-
Sectors
EnvironmentChemicals & Materials Industrial Goods & Manufacturing
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$11.6 M (USD)
in 2 rounds
-
Latest Funding Round
$6.6 M (USD), Series A
Oct 04, 2023
-
Investors
Valor Equity Partners
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Cove
Cove offers a comprehensive portfolio of products and services, including Sustainable Packaging Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 2
- Last Round Series A — $6.6M
-
First Round
First Round
(04 Dec 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - Cove | Valuation | Valor Equity Partners | |
| Dec, 2019 | Amount | Series A - Cove | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Private equity firm
|
Founded Year | Domain | Location | |
|
Limited information available
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cove
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cove
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cove Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Plant-based biodegradable packaging products are manufactured from vegan materials.
|
|
| domain | founded_year | HQ Location |
Internet-first brand offering smart water bottle
|
|
| domain | founded_year | HQ Location |
Food packaging manufacturing services are provided to global clients.
|
|
| domain | founded_year | HQ Location |
Recovered cellulose pulp is manufactured from recycled paper liner waste.
|
|
| domain | founded_year | HQ Location |
Offers eco-friendly compostable products for restaurants, cafes, and food businesses worldwide.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cove
Frequently Asked Questions about Cove
When was Cove founded?
Cove was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Cove located?
Cove is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Cove a funded company?
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 04, 2019.
What does Cove do?
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.
What products or services does Cove offer?
Cove offers Sustainable Packaging Solutions.
Who are Cove's investors?
Cove has 3 investors. Key investors include Valor Equity Partners, Lupa Systems, and Litani Ventures.