Covercyrevenue & funding
New YorkFounded 2014CEO Doron Cohen
Covercy revenue
Covercy has not published its revenue. GetLatka estimates it at about $3.2M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $1.3M | – |
| Dec 2023 | $2.6MEST. | GetLatka estimate |
| Oct 2024 | $3.2MEST. | GetLatka estimate |
– source not recorded
Covercy funding rounds & investors
Covercy has raised $4.3M across three rounds since 2015. The latest was a $2.5M funding round in 2019.
| Date | Round | Raised |
|---|---|---|
| 2019 | Funding round | $2.5M |
| Feb 2016 | Funding round | $1.5M |
| Jan 2015 | Funding round | $250K |
| Total raised | $4.3M |
Covercy competitors
Covercy competes most directly with WorldRemit (Zepz).
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 WorldRemit (Zepz) | $478M | $362.6M | 674 | 2M | 2010 |
| Covercy | $3.2M | $4.3M | 36 | – | 2014 |
Covercy CEO, founders & employees
Doron Cohen founded Covercy in 2014 and runs it as CEO. Covercy had 36 employees (October 2024, LinkedIn).
- Doron CohenFounder & CEO
All 5 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 36 | |
| Dec 2023 | 37 | |
| Dec 2022 | 29 | |
| Dec 2021 | 22 | |
| Apr 2021 | 23 | – |
Covercy FAQ
What is Covercy's revenue?
GetLatka estimates Covercy's revenue at about $3.2M a year (October 2024). The company hasn't published its own figure.
How much funding has Covercy raised?
Covercy has raised $4.3M across three funding rounds. The latest was a $2.5M funding round in 2019.
How many employees does Covercy have?
Covercy had 36 employees in October 2024, according to LinkedIn.
Who is the CEO of Covercy?
Doron Cohen is the CEO of Covercy and founded the company in 2014.
Who founded Covercy?
Doron Cohen founded Covercy in 2014.
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How this page is sourced
4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Covercy? Join the podcast