Coverd
Latest round
- Seed
Last raised
- Aug 2025
Total raised
- $15M
Investors
- 9
About Coverd
Coverd Inc. is a US-based provider specializing in innovative personal finance management solutions, focused on enhancing user experience through its forthcoming Coverd Card, which offers unique cashback rewards and financial tracking features. Founded in 2024 and headquartered in New York, Coverd Inc. is engaged in personal finance management. Coverd offers a forward-thinking approach to personal finance management through its core product, the Coverd Card, set to launch in Q1 2026. This credit card is designed to enhance user experience by providing up to 100% cash back on purchases, zero hidden fees, and integrated smart spending insights. Additionally, Coverd aims to foster responsible financial habits with features that allow users to track their payment progress and incentivize their transactions through automatic entries into game-like win-back opportunities.Coverd's revenue model is based on transaction fees and potential partnerships with retailers and service providers, leveraging its proprietary Coverd Card. Customers engage in direct-to-consumer transactions when utilizing the card for everyday purchases, which may generate fees for the company from partner businesses. As users make transactions, they not only benefit from cash-back rewards but also contribute to the company's revenue stream through merchant fees associated with card usage. The innovative structure of the Coverd Card enhances customer engagement while aligning with financial clarity goals, establishing a cycle of user loyalty and repeat transactions that strengthens Coverd's financial position within the competitive personal finance market. Coverd is set to launch the Coverd Card in Q1 2026, significantly enhancing its product offerings.
Who invested in Coverd
9 investors across 2 rounds
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Questions about Coverd
Who invested in Coverd?
Coverd has 9 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 Coverd raised?
Coverd has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Coverd last raise money?
Coverd's most recent round on record is a Seed, in Aug 2025.
What does Coverd do?
Coverd is a software company.
Where is Coverd headquartered?
Coverd is headquartered in New York, US.
Which VCs invest in companies like Coverd?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Coverd's stage. Their profiles are linked below.
VCs backing software startups at Seed
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