About Coverfly
Coverfly is a company based in Los Angeles (United States) founded in 2014 by Michael Schilf was acquired by Backstage in September 2021.. Coverfly offers products and services including Pitch Week, CoverflyX, The Red List, and Industry Mandates. Coverfly operates in a competitive market with competitors including SMASH, IndieFrame, TreePress, Filmarket Hub and Doujiju, among others.
- Headquarter Los Angeles, United States
- Founders Michael Schilf
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Products & Services of Coverfly
Coverfly offers a comprehensive portfolio of products and services, including Pitch Week, CoverflyX, The Red List, and Industry Mandates. 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.
Virtual program for meetings with industry professionals
Service for exchanging screenplay notes with writers
Leaderboard featuring top projects by format and genre
Platform for submitting work to industry partners
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Funding Insights of Coverfly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Coverfly
Coverfly has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Backstage. 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 |
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Casting opportunities for entertainment industry professionals are facilitated online.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Coverfly
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Coverfly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Coverfly Comparisons
Competitors of Coverfly
Coverfly 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 SMASH, IndieFrame, TreePress, Filmarket Hub and Doujiju, 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 |
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| domain | founded_year | HQ Location |
Solutions for pitching scripts are provided via an online platform.
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Online platform offering content distribution solutions
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Connections are facilitated among theatre directors, publishers, and script writers.
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Scripts are listed on an online platform for entertainment professionals.
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Video scripts are traded on a SaaS-based marketplace.
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| domain | founded_year | HQ Location |
Offers a versatile platform for story writers to publish and share stories online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Coverfly
Frequently Asked Questions about Coverfly
When was Coverfly founded?
Coverfly was founded in 2014.
Where is Coverfly located?
Coverfly is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
What does Coverfly do?
Coverfly was founded in 2014 in Los Angeles, United States, to operate within the film industry. A platform is provided for screenplay writers to link with producers, supported by collaborations with screenwriting talent-discovery services. A database of curated scripts is maintained, submissions to competitions are tracked centrally, and weighted average scores are calculated based on performances across platforms. Major clients such as Warner Bros., Lionsgate, and Paramount are served.
Who are the top competitors of Coverfly?
Coverfly's top competitors include IndieFrame, SMASH and Doujiju.
What products or services does Coverfly offer?
Coverfly offers Pitch Week, CoverflyX, The Red List, and Industry Mandates.
Who are Coverfly's investors?
Coverfly has 1 investor. Key investors include Backstage.