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In 2024, Covve's revenue reached $142.3K. The company previously reported $84K in 2023. Since its launch in 2013, Covve has shown consistent revenue growth.
Covve reached a $426.9K valuation in 2025, set during its M&A Offer round.
Covve has raised $5M in total funding across 4 rounds, most recently a $2.7M Seed Round round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $426.9K | - | |
| 2019 | Seed Round | $2.7M | - | - | |
| 2016 | Seed Round | $1.2M |
CEO
CEO of Covve.com and Partner in Invelopment Partners which invests and helps talented individuals start businesses. Co-founded Stagedoor.app, Blend.app, Digital Tree ePublishers. Background in consulting and banking. https://www.linkedin.com/in/ygavrielides/
| Question | Answer |
|---|---|
| What's your age? | 43 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Covve serves 500 customers.
Covve employs approximately 21 people as of 2026, up from 20 in 2023. It serves 500 customers that rely on its solutions.
Covve generates an estimated $142.3K in annual revenue.
Covve was founded by Yiannis Gavrielides.
The CEO of Covve is Yiannis Gavrielides.
Covve raised $5M across 4 rounds.
Covve has 21 employees.
Covve is headquartered in Nicosia, Cyprus.
Covve operates across multiple industries. Browse revenue, funding, and growth data for Covve in each sector below.
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
$426.9K
2024 Revenue
$142.3K(Est.)
Customers
500
Funding
$5M
Avg ACV
$285
Team
21
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Covve Hit $142.3k revenue in October 2024 | Estimated |
| 2023 | Covve Hit $84k revenue in December 2023 | Estimated |
| 2019 | Covve Hit $42k revenue in June 2019 | |
| 2013 | Launched with $0 revenue |
| - |
| - |
| 2015 | Seed Round | $415.4K | - | - |
| 2014 | Pre Seed Round | $712.2K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 21 employees (October 2024) | |
| 2023 | Reached 20 employees (December 2023) | |
| 2022 | Reached 15 employees (December 2022) | |
| 2021 | Reached 14 employees (December 2021) | |
| 2019 | Reached 14 employees (June 2019) |
Interview with Yiannis Gavrielides, CEO
Recorded Jun 19, 2019
