All Covered

IT InfrastructureSeries EFoster City, USallcovered.com

Latest round

Series E

Last raised

Mar 2007

Total raised

$58M

Investors

3

About All Covered

All Covered, Inc.All Covered was founded in 1997 in Foster City, US, and specializes in managed IT services. In December 2010, the company was acquired by Konica Minolta. The founding team includes Boopathy E, Claire Lamicela, and Renat Azimov, with Charl Bodenstein, Daniel Kim, Enrico Semadeni, and Sanjoy Sanghvi serving as current CEOs.All Covered provides a comprehensive suite of managed IT solutions designed to meet the diverse needs of businesses across multiple industries including healthcare, finance, education, and legal sectors. Their core offerings encapsulate managed IT services, cybersecurity services, unified communications, cloud solutions, and application development, aimed at enhancing operational efficiency and securing critical data. These services assist organizations in transitioning to modern IT infrastructures while addressing specific challenges such as cybersecurity threats and outdated systems. Clients benefit from expert guidance and 24/7 support, empowering them to optimize existing technology investments such as Microsoft 365.Revenue generation for All Covered primarily occurs through a subscription-based model, where clients engage in contracts for ongoing managed IT services and support. Typical transactions involve businesses entering agreements for various services such as cybersecurity protection, cloud solutions, and IT consulting, structured as monthly or annual subscriptions. This model ensures a predictable revenue stream, allowing clients to budget effectively for their IT expenses. Flagship services, such as M365 Managed Services and Strategic Defensive Support for cybersecurity, form the backbone of their offerings, appealing to organizations looking to enhance their technological capabilities without the burden of significant upfront investments.In the future, All Covered plans to enhance its product offerings by developing new cybersecurity solutions and cloud services, with anticipated launches in the upcoming quarters. The company aims to expand its market reach into the Southeast and Southwest regions of the United States by the end of 2023, targeting small to medium-sized businesses.

Who invested in All Covered

3 investors across 4 rounds

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Funding rounds

  1. Series E

    Mar 31, 2007

    Amount

    $1M

    Investors

    Locked

  2. Series D

    Nov 20, 2000

    Amount

    $40M

    Investors

    Locked

  3. Series C

    Apr 18, 2000

    Amount

    $17M

    Investors

    Locked

  4. Series B

    Jun 1, 1999

    Amount

    Undisclosed

    Investors

    Locked

Questions about All Covered

Who invested in All Covered?

All Covered has 3 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has All Covered raised?

All Covered has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did All Covered last raise money?

All Covered's most recent round on record is a Series E, in Mar 2007.

What does All Covered do?

All Covered is a it infrastructure company.

Where is All Covered headquartered?

All Covered is headquartered in Foster City, US.

Which VCs invest in companies like All Covered?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it infrastructure companies at All Covered's stage. Their profiles are linked below.

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