United States · Series A startup

Who invested in Covenant

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIFintechLegaltech

Raised 2 months ago

Funding summaryUpdated 5 Nov 2026

$254Mraised across 2 rounds since 2025, from 2 sources

$4.0MSeed$250MSeries A
Latest round
Series A, $250MSept 2026
Step-upi
62.5×
Investors
8 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$4.0MSeed$250MSeries A
First round
Seed, $4.0M
Jul 2025
Biggest round
$250M
Series A · Sept 2026
Between rounds
13 months
from the last two

The rounds

  1. Sept 2026
  2. Jul 2025
    Seed$4.0M2 new

    Reported by AlleyWatchSEC filing: $50K sold, first sale Jul 2025

Founders and team

From Covenant's own website: 2 founders, 3 on the team.

Jen BerrentCo-Founder & CEO
Richard PerrisCo-Founder & President
  • Andrew KellerSenior Counsel
  • Herman CheungSenior Counsel
  • Randy KaufmanCounsel

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

FlybridgeVC firm1round, led 1
Andreessen HorowitzVC firm1round
Founders FundVC firm1round
8VCVC firm1round
Lux CapitalVC firm1round
Kevin HartzVC firm1round
Neil BarskyVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Covenant as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Neer Venture PartnersVC firmPer its own site
Dewhales CapitalVC firmPer its own site

Quick answers about Covenant

Who invested in Covenant?

Covenant's investors include Flybridge, Andreessen Horowitz, Lightspeed Venture Partners, Founders Fund and 8VC, and 3 more on record.

How much has Covenant raised?

Covenant has raised $254M across 2 rounds since 2025.

When did Covenant last raise?

Covenant's most recent round was a Series A of $250M in Sept 2026.

What was Covenant's biggest round?

Its most recent round, $250M in Sept 2026, is also its largest on record.

Who backed Covenant first?

Covenant's first round on record, in Jul 2025, was backed by Flybridge and Neil Barsky.

What stage is Covenant at?

Covenant's latest named round is a Series A, in Sept 2026.

Where is Covenant based?

Covenant is based in the United States.

Who led Covenant's rounds?

Flybridge led the Seed in 2025.

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