How Covetool hit $2.5M Revenue with 10K customers in 2022.
Developer of building performance guidance platform intended to convey options for cost and energy savings in an easy-to-understand graphical format. The company's platform uses an energy model that keeps pace with the parametric workflow and imports geometry to get feedback as the design progresses with other related features, enabling architecture, engineering and construction companies to access the platform for managing energy reporting in real time from one dashboard and upload results automatically.
In 2022, Covetool revenue run rate hit $2.5M in revenue.
Covetool hit $2.5M in revenue in 2021
Covetool launched in 2015 with $0 revenue
Covetool Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
Covetool has 30 total employees and 3 sales reps that carry a quota. They have 10300 customers an engineering team of 5
Total team size
Sandeep brings her experience of building a successful sustainability consulting firm Pattern r+d (the consulting arm of cove.tool). Most recently, Sandeep presented at the UN environment assembly, with 1500 global delegates, on the impact of building on climate change, showcased at the Tedx Atlanta, won the Atlanta Startup Battle and the 30 under 30 award for developing cove.tool, the automated sustainability consultant. With her desire to bring automation into the AEC world, she is pioneering the integration of building performance into the design and construction process by developing and using intelligent technology and software.