About Cove
Cove is a company based in Singapore (Singapore) founded in 2015 by Sudheendra S, Pawan Gandhi, and Justin Chok Sung Tang was acquired by boAt in January 2022. It operates as a Product-as-a-Service and Private Labeling / White Label. Cove has raised $10.7 million across 2 funding rounds from investors including boAt, Titan Company and YourNest. The company has 67 employees as of April 08, 2024. Cove offers products and services including Smart Watches, Fitness Bands, and Platform Solutions. Cove operates in a competitive market with competitors including MindPirate, Cronologics Corporation, Organic Code, Pujie Black and Oceanleap, among others.
- Headquarter Singapore, Singapore
- Employees 67 as on 08 Apr, 2024
- Founders Sudheendra S, Pawan Gandhi, Justin Chok Sung Tang
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Kaha Pte Ltd
- Date of Incorporation 04 May, 2016
- Jurisdiction Bangalore South, Karnataka, India
-
Annual Revenue
$1.93 M (USD)58.83as on Mar 31, 2023
-
Net Profit
$180.65 K (USD)198.51as on Mar 31, 2023
-
EBITDA
$238.85 K (USD)117.27as on Mar 31, 2023
-
Total Equity Funding
$10.7 M (USD)
in 2 rounds
-
Latest Funding Round
$6.2 M (USD), Series B
May 20, 2019
-
Investors
boAt
& 8 more
-
Employee Count
67
as on Apr 08, 2024
-
Acquired by
boAt
(Jan 14, 2022)
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 Smart Watches, Fitness Bands, and Platform Solutions.
Smart watches are offered for fitness and wellness tracking.
Fitness bands are provided for monitoring health and activity.
IoT platform solutions are developed for wearable integration.
People of Cove
Unlock access to complete
Funding Insights of Cove
Cove has successfully raised a total of $10.7M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $6.2 million completed in May 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
Cove has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include boAt, Titan Company and YourNest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Early-stage DeepTech venture capital funding and support services in India.
|
Locked | Locked | Locked | |
|
Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
|
Locked | Locked | Locked |
Investor details for Cove
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cove
Investment portfolio details for Cove
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Cove
Detailed financials for Cove
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Cove Comparisons
Peer comparison for Cove
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
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 MindPirate, Cronologics Corporation, Organic Code, Pujie Black and Oceanleap, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Platform for wearble & IoE (Internet of Everything) app development & distribution
|
|
| Locked | Locked | Locked |
Wearable technology platform for developing device applications is offered.
|
|
| Locked | Locked | Locked |
Develops VR, AR, wearables, and APIs for healthtech, medical training, and decision-making tools.
|
|
| Locked | Locked | Locked |
Provides comprehensive smart watch solutions for consumers.
|
|
| Locked | Locked | Locked |
Develops platforms for activity and wearables app creation.
|
|
| Locked | Locked | Locked |
Offers technology to monitor health parameters by analyzing light from human veins.
|
Detailed competitors of Cove
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
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.
Frequently Asked Questions about Cove
Cove was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Cove is headquartered in Singapore, Singapore.
Pawan Gandhi is the current CEO of Cove. They have also founded this company.
Cove is a funded company, having raised a total of $10.7M across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Cove is 67.
Annual revenue of Cove is $1.93M as on Mar 31, 2023.
Cove is established as an end-to-end IoT platform specializing in smart wearables. Solutions are provided across the value chain, from design and engineering to cloud applications and after-sales support. The company operates in sectors like fitness, wellness, sports, healthcare, and digital payments. Tailored vertical solutions are offered to brands for quick market entry. Innovation is driven through AI, patents, and scalable cloud systems. Partnerships are fostered to reinvent businesses with differentiated wearable products.
Cove's top competitors include Cronologics Corporation, MindPirate and Organic Code.
Cove offers Smart Watches, Fitness Bands, and Platform Solutions.
Cove has 9 investors. Key investors include boAt, Titan Company, YourNest, ICT Fund, and Pritt & Co.