Covve revenue is $42k
Covve team size is 14 employees
How did Latka collect this data?
Latka collected this data by interviewing Covve CEO Yiannis Gavrielides on 01/01/2014
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Covve
-
How Covve hit $42K Revenue with 500 customers in 2022.
Simplest, smartest contacts app
2013
Founded
$42K
2022 Revenue
YOY
$5M
Funding
Covve Revenue
In 2022, Covve revenue run rate hit $42K in revenue.
2019
Covve hit $42K in revenue in 2019
2013
Covve launched in 2013 with $0 revenue
Covve Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019 Seed Round
Covve raised a Seed Round of $2.7M
2016 Seed Round
Covve raised a Seed Round of $1.2M
2015 Seed Round
Covve raised a Seed Round of $415.4K
2014 Pre Seed Round
Covve raised a Pre Seed Round of $712.2K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 09/30/2019 | Seed Round | $2.7M | |
| 03/01/2016 | Seed Round | $1.2M | |
| 10/01/2015 | Seed Round | $415.4K | |
| 01/01/2014 | Pre Seed Round | $712.2K |
Team
Covve has 14 total employees They have 500 customers
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 14 |
| Engineer | 0(0%) |
| Sales | 0(0%) |
| Marketing | 0(0%) |
CEO/Founder
Yiannis Gavrielides
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/
Q&A
What`s your age?
40
Favorite online tool?
Kissmetrics
Favorite book?
Hooked
Favorite CEO?
Bezos
Advice for 20 year old self
Its hard to build company!
Customers
Covve has 500 customers.
Lifetime Months
8
x
Monthly ARPU
$7
=
Lifetime Dollar
$50
Acquisition Cost
$40
Average Annual Price
$84
Churn
Covve has an annual churn rate of 168.00%.
Gross Annual Dollar Churn
-168.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
68.00%
About Covve
Monthly Revenue
$3.5K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Covve Board of Directors
| Name | Position |
|---|
Covve Executives
| Name | Position |
|---|---|
| Yiannis Gavrielides | CEO |
Covve Employees
| Name | Position |
|---|---|
| Yiannis Gavrielides | CEO |
Frequently Asked Questions about Covve
When was Covve founded?
Covve was founded in 2013.
How much revenue does Covve generate?
Covve generates $42K in revenue.
Who is the CEO of Covve?
The CEO of Covve is Yiannis Gavrielides.
How much funding does Covve have?
Covve was raised $5M.
How many employees does Covve have?
Covve has raised 14 employees.
Where is Covve headquarters?
Covve headquater is at Cyprus