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Valuation

$426.9K

2024 Revenue

$142.3K

Customers

500

Funding

$5M

YOY

69.4%

Avg ACV

$285

Team

21

Churn

168%

How Covve CEO Yiannis Gavrielides grew Covve to $142.3K revenue and 500 customers in 2024.

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Covve Revenue

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 Revenue GrowthReported revenue / ARR by year$0$30K$60K$90K$120K$150K2013201520172019202120232024$0$42K$84K$142KSource: GetLatka.com interview on Jun 19, 2019 with Covve CEO Yiannis Gavrielides
YearMilestone
2024Covve Hit $142.3k revenue in October 2024
2023Covve Hit $84k revenue in December 2023
2019Covve Hit $42k revenue in June 2019
2013Launched with $0 revenue

Covve Valuation, Funding Rounds

Covve's most recent disclosed valuation is $426.9K.

Covve has raised $5M in total funding across 4 rounds, most recently a $2.7M Seed Round round in 2019.

Covve Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$3M$4M$5M$6M20132014201520162017201820192013 cumulative: $0 • 2013 Founded: $02014 cumulative: $712K • 2013 Founded: $0 • 2014 Pre Seed Round: $712K2015 cumulative: $1M • 2013 Founded: $0 • 2014 Pre Seed Round: $712K • 2015 Seed Round: $415K2016 cumulative: $2M • 2013 Founded: $0 • 2014 Pre Seed Round: $712K • 2015 Seed Round: $415K • 2016 Seed Round: $1M2019 cumulative: $5M • 2013 Founded: $0 • 2014 Pre Seed Round: $712K • 2015 Seed Round: $415K • 2016 Seed Round: $1M • 2019 Seed Round: $3M$5M2013 Founded: $0 valuationSource: GetLatka.com interview on Jun 19, 2019 with Covve CEO Yiannis Gavrielides
YearRoundAmountValuation% Sold
2019Seed Round$2.7M--
2016Seed Round$1.2M--
2015Seed Round$415.4K--
2014Pre Seed Round$712.2K--

Covve Employees & Team Size

Covve employs approximately 21 people as of 2026, up from 20 in 2023.

Covve has 21 total employees in different roles and functions. They have 500 customers that rely on the company's solutions.

Covve Team GrowthReported headcount over time05101520252013201520172019202120232024002121Source: GetLatka.com interview on Jun 19, 2019 with Covve CEO Yiannis Gavrielides
YearMilestone
2024Reached 21 employees (October 2024)
2023Reached 20 employees (December 2023)
2022Reached 15 employees (December 2022)
2021Reached 14 employees (December 2021)
2019Reached 14 employees (June 2019)

Founder / CEO

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

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Customers

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Frequently Asked Questions about Covve

What is Covve's revenue?

Covve generates $142.3K in revenue.

Who founded Covve?

Covve was founded by Yiannis Gavrielides.

Who is the CEO of Covve?

The CEO of Covve is Yiannis Gavrielides.

How much funding does Covve have?

Covve raised $5M.

How many employees does Covve have?

Covve has 21 employees.

Where is Covve headquarters?

Covve is headquartered in Nicosia , Cyprus.

Compare Covve to the industry

Covve operates across multiple industries. Browse revenue, funding, and growth data for Covve in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Covve Revenue 2024: $142.3K ARR, $426.9K Valuation