# Cove Living Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cove-living-pte

- Industry: Internet
- Headquarters: Singapore, Singapore
- Website: www.cove.sg
- Total disclosed funding: $10M
- Latest round: Series A (Feb 20, 2024)
- Investors on record: 8

## About

Founded in 2018 and based in Singapore, Cove Living Pte Ltd. is a co-living company that offers easy and flexible rental solutions. Sophie Jokelson (CMO), Luca Bregoli (COO), and Guillaume Castagne (CEO) are the co-founders of the company. In December 2020, Cove Living Pte Ltd raised USD 4.6 million in series A funding led by Keppel Land Limited, with participation from Idinvest Partners. As of 2023, Cove has provided living spaces for 4,190 residents, with 617,710 nights stayed.

 The company provides fully furnished and designed co-living spaces and rooms for rent. These spaces come with complete furnishing and kitchenware, Wi-Fi, and regular maintenance to ensure a comfortable living experience. The firm provides a variety of options to suit different budgets, as evident through its three tiers of properties, such as basics, classics, and luxe. Tenants can choose between monthly and daily rentals, with a range of locations available in Singapore, such as Tanjong Pagar, the CBD and Marina Bay, Orchard, River Valley, and more. Cove also offers an online platform where users can select their location, availability, and financial range.

 The organization generates revenue by charging monthly subscription fees for its three different plans: the basic plan, which costs USD 1,900; the classic plan, which costs USD 1,500; and the Luxe plan, which costs USD 1,750.

## Funding rounds

- Series A, Feb 20, 2024, $3.3M — Idinvest Partners, Yuj Ventures
- Series A, Dec 9, 2020, $4.6M — Idinvest Partners, Venturra Capital, Picus Capital, Investigate Network Capital, Found. Ventures, Yuj Ventures
- Seed, Sep 24, 2019, $2.1M — Venturra Capital, Aetius Capital, Picus Capital, Investigate Network Capital, Antler, Found. Ventures, Yuj Ventures

## Investors

- Venturra Capital (https://capitalatlas.ai/funds/venturra-capital) — Seed, Series A
- Aetius Capital (https://capitalatlas.ai/funds/aetius-capital) — Seed
- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Seed, Series A
- Investigate Network Capital — Seed, Series A
- Antler (https://capitalatlas.ai/funds/antler) — Seed
- Found. Ventures — Seed, Series A
- Yuj Ventures (https://capitalatlas.ai/funds/yuj-ventures) — Seed, Series A
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series A