Covercy
2024 Revenue
$3.2M
Funding
$4.3M
YOY
25.1%
Team
36
Founded
2014
How Covercy CEO Doron Cohen grew to $3.2M revenue with a 36 person team in 2024.
Provider of a traditional financial ecosystem platform created to support money transfer. The company's platform is a user friendly platform where users can create and track their transactions, enabling businesses and individuals to carry out their international bank transfers and save their time, money and risk associated with currency fluctuations in the market.
Last updated
Covercy Revenue
In 2024, Covercy's revenue reached $3.2M. The company previously reported $2.6M in 2023. Since its launch in 2014, Covercy has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Covercy Hit $3.2m revenue in October 2024 | |
| 2023 | Covercy Hit $2.6m revenue in December 2023 | |
| 2021 | Covercy Hit $1.3m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
Covercy Valuation, Funding Rounds
Covercy has not publicly disclosed its valuation. The company has raised $4.3M in total funding to date.
Covercy has raised $4.3M in total funding across 3 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $2.5M | - | - | |
| 2016 | Funding round | $1.5M | - | - | |
| 2015 | Funding round | $250K | - | - |
Founder / CEO
Doron Cohen
Second time Co-Founder & CEO with extensive background in software and finance. Focused on growing Covercy to become a leader in the real estate investment space. Prior to Covercy - built Leverate, a leading provider of software and financial solutions to FX brokerages.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Covercy yet.
Covercy Employees & Team Size
Covercy employs approximately 36 people as of 2026, down from 37 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 36 employees (October 2024) |
| 2023 | Reached 37 employees (December 2023) |
| 2022 | Reached 29 employees (December 2022) |
| 2021 | Reached 22 employees (December 2021) |
| 2021 | Reached 23 employees (April 2021) |
Frequently Asked Questions about Covercy
What is Covercy's revenue?
Covercy generates $3.2M in revenue.
Who founded Covercy?
Covercy was founded by Doron Cohen.
Who is the CEO of Covercy?
The CEO of Covercy is Doron Cohen.
How much funding does Covercy have?
Covercy raised $4.3M.
How many employees does Covercy have?
Covercy has 36 employees.
Where is Covercy headquarters?
Covercy is headquartered in New York, New York, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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