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Boston, Massachusetts, United States
Provider of an asset management service. The company provides an online investing marketplace that allows investors to compare and select money managers, offering active and passive investment options.
Last updated
In 2021, Covestor's revenue reached $155.5K. Since its launch in 2005, Covestor has shown consistent revenue growth.
Covestor reached a $466.6K valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $466.6K | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
Covestor serves 10K customers.
Covestor employs approximately 2 people as of 2026. It serves 10K customers that rely on its solutions.
Covestor generates $155.5K in revenue.
Covestor was founded by Asheesh Advani.
The CEO of Covestor is Asheesh Advani.
Covestor raised $0.
Covestor has 2 employees.
Covestor is headquartered in Boston, Massachusetts, United States.
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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Valuation
$466.6K
2021 Revenue
$155.5K
Customers
10K
Funding
$0
Avg ACV
$16
Team
2
Founded
2005
| Year | Milestone | Source |
|---|---|---|
| 2021 | Covestor Hit $155.5k revenue in April 2021 | |
| 2005 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 2 employees (April 2021) |
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