Founded 2017
Covetool Funding Rounds,Valuation and Investors
Covetool Funding History
Covetool has raised a total of $42.5M over the last 6 years Raising this capital resulted in dilution for Daniel Chopson despite non-dilutive funding options like Founderpath. With $42.5M money raised, Covetool would have to sell for $424.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $42.5M assuming no crazy liquidation preferences.
2021 Series B
Covetool raised a Series B of $30M
2020 Series A
Covetool raised a Series A of $5.7M
2020
Covetool raised a of $5.7M
2019 Seed Round
Covetool raised a Seed Round of $150K
2018 Seed Round
Covetool raised a Seed Round of $800K
2018 Pre Seed Round
Covetool raised a Pre Seed Round of $100K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 12/17/2021 | Series B | $30M | |
| 10/14/2020 | Series A | $5.7M | |
| 10/14/2020 | $5.7M | ||
| 09/26/2019 | Seed Round | $150K | |
| 12/04/2018 | Seed Round | $800K | |
| 05/18/2018 | Pre Seed Round | $100K |