Cove
Latest round
- Series A
Last raised
- Jul 2024
Total raised
- $16M
Investors
- 6
About Cove
Cove, founded in 2013 and headquartered in Washington, US, specializes in commercial property management software. The company was established by Adam Segal, who has a history of entrepreneurship.Cove offers a comprehensive all-in-one commercial property management software that integrates tenant experience and building operations into a single platform. The core functionalities include streamlined work order management, maintenance tracking, visitor management, and access control systems, allowing property teams to optimize operational efficiency. This platform is particularly beneficial for various sectors including office, life science, retail, industrial, medical, and residential properties, enhancing property value and tenant satisfaction across these asset classes. Cove serves a diverse client base that includes property managers, landlords, and engineers, with notable implementations in major markets such as Chicago, where it powers the tenant experience at the Willis Tower, the largest multi-tenant commercial office building in the Western Hemisphere.Cove's revenue is primarily generated through subscription-based models, where clients pay for access to its comprehensive property management software. This business model allows property managers and landlords to leverage Cove’s services to enhance operational efficiency and tenant engagement within their facilities. Transactions typically involve annual or monthly subscription fees that encompass the use of the platform's features, including work order management and tenant engagement tools. The firm also engages in partnerships that expand its reach within the real estate sector, providing tailored solutions that adapt to the unique needs of its clients. The company is also focused on developing new products to enhance its platform capabilities, with anticipated launches aimed at improving client engagement and operational tools. Furthermore, Cove is targeting geographic expansion into new markets, with plans to enter additional major cities by the end of 2025. This strategic focus on product development and market penetration aims to position Cove favorably within the evolving landscape of commercial property management.
Who invested in Cove
6 investors across 3 rounds
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Questions about Cove
Who invested in Cove?
Cove has 6 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 Cove raised?
Cove has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Cove last raise money?
Cove's most recent round on record is a Series A, in Jul 2024.
What does Cove do?
Cove, founded in 2013 and headquartered in Washington, US, specializes in commercial property management software.
Where is Cove headquartered?
Cove is headquartered in Washington, US.
Which VCs invest in companies like Cove?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back commercial property companies at Cove's stage. Their profiles are linked below.
VCs backing commercial property startups at Series A
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