Covarity
Latest round
- Series A
Last raised
- Feb 2008
Total raised
- $27M
Investors
- 5
About Covarity
Covarity Inc.Covarity Inc. operates in the lending technology space, offering specialized software solutions. The company, headquartered in Kitchener, Canada, was involved in a significant transaction in April 2012, when it was acquired by Constellation Software Inc.Covarity specializes in comprehensive software solutions aimed at enhancing the lending processes for credit unions and banks in Canada. Its core products include ProLender, a Loan Origination Software (LOS) facilitating various lending types, and Covarity, which serves as Loan Monitoring Software (LMS) to assist in the management and analysis of margined loans.Covarity operates a subscription-based revenue model, providing its software to financial institutions as part of a service package. Clients subscribe to products like ProLender and Covarity, generating recurring revenue. While specific upcoming products or release dates were not disclosed, the company aims to strengthen its offerings and grow its presence in the lending technology sector following its acquisition by Constellation Software Inc. in April 2012.
Who invested in Covarity
5 investors across 3 rounds
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Questions about Covarity
Who invested in Covarity?
Covarity has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Covarity raised?
Covarity has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Covarity last raise money?
Covarity's most recent round on record is a Series A, in Feb 2008.
What does Covarity do?
Covarity is a software company.
Where is Covarity headquartered?
Covarity is headquartered in Kitchener, Canada.
Which VCs invest in companies like Covarity?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Covarity's stage. Their profiles are linked below.
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