About CoveritLive
CoveritLive is a company based in Toronto (Canada) founded in 2007 was acquired by ScribbleLive in July 2014. CoveritLive has raised $1 million across 1 funding round from investors including ScribbleLive, Flagstone Re and Paul Kedrosky. CoveritLive operates in a competitive market with competitors including Timehop, Year of Colour, Loccit and Top Nine, among others.
- Headquarter Toronto, Canada
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Sectors
Media & Entertainment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Jan 28, 2009
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Investors
ScribbleLive
& 2 more
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Employee Count
Not available
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Acquired by
ScribbleLive
(Jul 14, 2014)
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Funding Insights of CoveritLive
CoveritLive has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in January 2009. 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 CoveritLive
CoveritLive has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include ScribbleLive, Flagstone Re and Paul Kedrosky.
| Investor | Description | Founded Year | Domain | Location |
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Household, solar, and specialty glass products are manufactured.
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PK
Paul Kedrosky |
Canadian-American investor, writer, and entrepreneur, active in tech and venture capital.
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Employee engagement is supported through interactive assessments and polls.
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Investor details for CoveritLive
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by CoveritLive
Investment portfolio details for CoveritLive
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
Financial Statements - CoveritLive
Detailed financials for CoveritLive
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Coveritlive Comparisons
Peer comparison for CoveritLive
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of CoveritLive
CoveritLive 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 Timehop, Year of Colour, Loccit and Top Nine, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Feed Aggregator
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An app-based platform offering professional color analysis for Instagram users.
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Functions as an online aggregator for social media timelines.
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App for generating yearly collages of best Instagram posts.
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Detailed competitors of CoveritLive
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Verified entity values are shown only after access is granted.
Latest news on Coveritlive
Complete news archive for CoveritLive
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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Frequently Asked Questions about CoveritLive
CoveritLive was founded in 2007 and raised its 1st funding round 2 years after it was founded.
CoveritLive is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
CoveritLive is a funded company, having raised a total of $1M across 1 funding round to date.
CoveritLive is a web based Live Blogging tool that allows users to broadcast live commentary to their readers. CoveritLives real-time engagement solution provides tools needed to produce interactive real-time experiences. It reaches over 40 million unique visitors each month through its use on ESPN, BBC, Sky, CBC, Yahoo, the NBA and other global media properties. It currently creates over 2 billion minutes of readership every month. Acquired by Demand Media in 2011. Used by traditional bloggers, journalists, major brands and mainstream media.
CoveritLive's top competitors include Timehop, Year of Colour and Loccit.
CoveritLive has 3 investors. Key investors include ScribbleLive, Flagstone Re, and Paul Kedrosky.