Cove Tool
Latest round
- Series B
Last raised
- Dec 2021
Total raised
- $37M
Investors
- 6
About Cove Tool
Cove Tool, Inc.Cove Tool, Inc. was founded in 2017 in Atlanta, US. The company offers advanced architecture solutions integrating artificial intelligence to improve real estate design processes. The founders, Daniel and Patrick Chopson, have a history in architectural technology.Cove specializes in providing advanced architecture solutions that integrate artificial intelligence (AI) to enhance real estate design and decision-making processes. The firm focuses on optimizing project outcomes by utilizing AI-driven simulations that analyze design performance, energy efficiency, and cost analytics. Their offerings cater to a diverse clientele, including developers, owners, and real estate leaders across various sectors such as multi-family housing, hospitality, industrial campuses, and commercial offices. The company’s primary aim is to streamline project workflows, reduce risk, and improve long-term value through a combination of deep architectural expertise and proprietary technology. Cove's services extend beyond traditional architecture, emphasizing real-time simulations and a comprehensive understanding of building codes and permitting processes.Cove generates revenue primarily through direct partnerships with clients, providing comprehensive architectural services that leverage AI technology. The transaction structure typically involves project-based agreements where clients engage Cove for specific projects, such as residential or commercial developments. Pricing is determined based on the scope and complexity of each project, allowing for tailored architectural solutions that align with client goals. This structure enables Cove to deliver high-quality services while optimizing project timelines and minimizing costs for their clients.Cove Tool, Inc. The company is targeting international markets, with a specific focus on urban developments outside North America. Additionally, Cove aims to launch new AI products designed to improve design accuracy and reduce project timelines, with release schedules set for the next 12-18 months.
Who invested in Cove Tool
6 investors across 4 rounds
See all investors in Cove Tool
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Cove Tool
Who invested in Cove Tool?
Cove Tool has 6 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 Cove Tool raised?
Cove Tool has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Cove Tool last raise money?
Cove Tool's most recent round on record is a Series B, in Dec 2021.
What does Cove Tool do?
Cove Tool is a software company.
Where is Cove Tool headquartered?
Cove Tool is headquartered in Atlanta, US.
Which VCs invest in companies like Cove Tool?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Cove Tool's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like Cove Tool? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.