Covestone

Dublin, Ireland Founded: 2009 • Age: 17 yrs Acquired By Bank of Ireland
Diversified investment management services are provided by Covestone in Ireland.
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About Covestone

Covestone is a company based in Dublin (Ireland) founded in 2009 was acquired by Bank of Ireland in January 2017.. Covestone operates in a competitive market with competitors including Fidelity Investments, Investec, S&P Global, Bank of America and State Street, among others.

  • Headquarter Dublin, Ireland
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Bank of Ireland

    (Jan 05, 2017)

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Funding Insights of Covestone

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 Covestone

Covestone has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bank of Ireland. 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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial banking services are provided across Ireland and internationally.
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 Covestone

Investments
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 - Covestone

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Covestone Comparisons

Employees
+
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Competitors of Covestone

Covestone 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 Fidelity Investments, Investec, S&P Global, Bank of America and State Street, 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
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Platform offering business intelligence solutions that combine data and actionable analytics for clients
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Financial services are provided to asset managers worldwide.
domain founded_year HQ Location
Software suites for banks and financial institutions are provided.
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 Covestone

BoI to buy investment firm with €100m on books
The Irish Times9 years ago

Frequently Asked Questions about Covestone

When was Covestone founded?

Covestone was founded in 2009.

Where is Covestone located?

Covestone is headquartered in Dublin, Ireland.

What does Covestone do?

Covestone was established in 2009 and is headquartered in Dublin, Ireland. Operations center on asset management within the financial sector, where diversified portfolios are handled for institutional and private clients. Services include portfolio construction, risk assessment, and performance monitoring across various asset classes. The firm maintains a focus on European markets while adhering to regulatory standards in Ireland.

Who are the top competitors of Covestone?

Covestone's top competitors include Fidelity Investments, Investec and S&P Global.

Who are Covestone's investors?

Covestone has 1 investor. Key investors include Bank of Ireland.

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