Latka logo
Covetool logo

Covetoolrevenue & funding

Other Analytics SoftwareAtlanta, GeorgiaFounded 2017CEO Daniel Chopson

Covetool is an Other Analytics Software company based in Atlanta, founded in 2017.

cove.toolsLinkedInUpdated Aug 6, 2026
Annual revenue
$10.6M
Oct 2024EST.
Total raised
$36.8M
5 rounds
Employees
59
Dec 2024
Customers
10K

Covetool revenue

Covetool has not published its revenue. GetLatka estimates it at about $10.6M a year (October 2024).

$0
$5M
$10M
$1.5M
–
$6.5M
$10.6M
20202021–2220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 3 revenue readings, with sources
As ofRevenueSource
Oct 2020$1.5M–
Dec 2023$6.5MEST.GetLatka estimate
Oct 2024$10.6MEST.GetLatka estimate

– source not recorded

Covetool funding rounds & investors

Covetool has raised $36.8M across five rounds since 2018. The latest was a $30M Series B in December 2021.

DateRoundRaised
Dec 2021Series B$30M
Oct 2020Series A$5.7M
Sep 2019Seed$150K
Dec 2018Seed$800K
May 2018Pre-Seed$100K
Total raised$36.8M

Covetool CEO, founders & employees

Daniel Chopson founded Covetool in 2017 and runs it as CEO. Covetool had 59 employees (December 2024, LinkedIn), down from 76 a year earlier.

0
20
40
60
23
60
75
76
59
20202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 7 headcount readings, with sources
As ofEmployeesSource
Dec 202459LinkedIn
Oct 202460LinkedIn
Dec 202376LinkedIn
Dec 202275LinkedIn
Dec 202160–
Dec 202161LinkedIn
Oct 202023–

Covetool FAQ

What is Covetool's revenue?

GetLatka estimates Covetool's revenue at about $10.6M a year (October 2024). The company hasn't published its own figure.

How much funding has Covetool raised?

Covetool has raised $36.8M across five funding rounds. The latest was a $30M Series B in December 2021.

How many employees does Covetool have?

Covetool had 59 employees in December 2024, according to LinkedIn.

Who is the CEO of Covetool?

Daniel Chopson is the CEO of Covetool and founded the company in 2017.

Who founded Covetool?

Daniel Chopson founded Covetool in 2017.

How this page is sourced

5 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 Aug 6, 2026Data disclaimerReport a correctionClaim this profileRun Covetool? Join the podcast