Founded 2014

Covercy Funding Rounds,Valuation and Investors

Covercy Funding History

Covercy has raised a total of $4.3M over the last 8 years Raising this capital resulted in dilution for Doron Cohen despite non-dilutive funding options like Founderpath. With $4.3M money raised, Covercy would have to sell for $42.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $4.3M assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2019

    Covercy raised a of $2.5M

  • 2016

    Covercy raised a of $1.5M

  • 2015

    Covercy raised a of $250K

01/01/2019 $2.5M
02/14/2016 $1.5M
01/25/2015 $250K