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Covestorrevenue & acquisition

Boston, MassachusettsFounded 2005

Covestor was acquired by Interactive Brokers Group.

covestor.comLinkedInUpdated Aug 10, 2026
Annual revenue
$155.5K
Apr 2021
Owner
Interactive Brokers Group
Date not on record
Customers
10K

Covestor revenue

Covestor's annual revenue was $155.5K in April 2021, its last figure before Interactive Brokers Group bought it (source not recorded).

$0
$50K
$100K
$150K
$155.5K
2021
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Apr 2021$155.5K–

– source not recorded

Who owns Covestor

Interactive Brokers Group owns Covestor. The date and price of the deal are not on record.

Covestor CEO, founders & employees

Asheesh Advani founded Covestor in 2005 and led it as CEO. 2 persons list Covestor as their employer on LinkedIn (April 2021).

Covestor FAQ

What was Covestor's revenue?

Before Interactive Brokers Group bought it, Covestor's annual revenue was $155.5K in April 2021 (source not recorded).

Who owns Covestor?

Interactive Brokers Group owns Covestor.

Who founded Covestor?

Asheesh Advani founded Covestor in 2005.

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How this page is sourced

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 Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Covestor? Join the podcast