COVER Corporation

MediaSeries ATokyo, Japancover-corp.com

Latest round

Series A

Last raised

Jun 2018

Total raised

$2.1M

Investors

6

About COVER Corporation

Founded in 2016 and headquartered in Tokyo, Japan, COVER Corporation specializes in the production of virtual idols known as VTubers.32 billion. The CEO of the company is Motoaki Tanigo.COVER Corporation specializes in virtual entertainment and digital experiences, primarily through its flagship offerings such as the VTuber production agency and various media mix initiatives. The company creates and manages virtual idols and characters, referred to as VTubers, who engage audiences through streaming platforms and social media, captivating a global fan base. Their services extend to the Metaverse, where they facilitate immersive experiences and collaborations with brands and events, such as the 'hololive night' event in partnership with the Los Angeles Dodgers. COVER targets a diverse client base, including content creators, brands seeking to leverage digital influencers, and entertainment consumers interested in innovative virtual engagement.COVER Corporation generates revenue through a combination of partnerships, direct-to-consumer interactions, and media licensing agreements. The business model includes revenue streams from subscription services, where clients pay for ongoing access to exclusive content and experiences featuring their virtual idols. Additionally, the company engages in B2B transactions, collaborating with brands for promotional events and media projects that leverage their VTuber talents. Pricing structures for these services are structured around different tiers, offering varying access and benefits, though specific figures are not disclosed.43 million shares at JPY 750 per share at the Tokyo Stock Exchange, Mother's section. Future plans include launching new products and services designed to captivate audiences and exploring potential expansions into additional international markets. The company's strategic initiatives aim to leverage recent financial gains to solidify its position in existing markets while targeting growth regions where virtual entertainment continues to rise in popularity.

Who invested in COVER Corporation

6 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 1, 2018

    Amount

    $1.8M

    Investors

    Locked

  2. Seed

    Aug 1, 2017

    Amount

    $0.3M

    Investors

    Locked

Questions about COVER Corporation

Who invested in COVER Corporation?

COVER Corporation has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has COVER Corporation raised?

COVER Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did COVER Corporation last raise money?

COVER Corporation's most recent round on record is a Series A, in Jun 2018.

What does COVER Corporation do?

Founded in 2016 and headquartered in Tokyo, Japan, COVER Corporation specializes in the production of virtual idols known as VTubers.

Where is COVER Corporation headquartered?

COVER Corporation is headquartered in Tokyo, Japan.

Which VCs invest in companies like COVER Corporation?

Among active investors with capital left to deploy, Boc Private Equity Firm, Zijin Venture Capital, Legend Capital and Source Code Capital back media companies at COVER Corporation's stage. Their profiles are linked below.

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