# Covenant funding: rounds and investors > Covenant has raised $254M across 2 rounds since 2025. Investors include Flybridge, Andreessen Horowitz and Lightspeed Venture Partners. Source: https://millionrounds.com/company/covenant (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # 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. AI Fintech Legaltech Raised 2 months ago Follow Covenant and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fcovenant) Funding summary Updated 5 Nov 2026 **$254M** raised across 2 rounds since 2025, from 2 sources **$4.0M** Seed **$250M** Series A - **Latest round:** Series A, $250M Sept 2026 - **Step-up i:** 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 **$4.0M** Seed **$250M** Series A - **First round:** Seed, $4.0M - **Biggest round:** $250M - **Between rounds:** 13 months ## The rounds - **Sept 2026** Series A **$250M** *6 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Founders Fund](https://millionrounds.com/fund/founders-fund) [8VC](https://millionrounds.com/fund/8vc) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Kevin Hartz](https://millionrounds.com/fund/a-star-co) Source recorded - **Jul 2025** Seed **$4.0M** *2 new* [Flybridge](https://millionrounds.com/fund/flybridge) Lead [Neil Barsky](https://millionrounds.com/fund/neil-barsky) Reported by AlleyWatch SEC filing: $50K sold, first sale Jul 2025 ## Founders and team From Covenant's own website: 2 founders, 3 on the team. **Jen Berrent** Co-Founder & CEO **Richard Perris** Co-Founder & President - **Andrew Keller** Senior Counsel - **Herman Cheung** Senior Counsel - **Randy Kaufman** Counsel ## 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. **Seed** 2025 **Series A** 2026 [Flybridge](https://millionrounds.com/fund/flybridge) L [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Founders Fund](https://millionrounds.com/fund/founders-fund) [8VC](https://millionrounds.com/fund/8vc) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Kevin Hartz](https://millionrounds.com/fund/a-star-co) [Neil Barsky](https://millionrounds.com/fund/neil-barsky) ## Everyone who backed them [Flybridge](https://millionrounds.com/fund/flybridge) VC firm **1** round, led 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round [8VC](https://millionrounds.com/fund/8vc) VC firm **1** round [Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **1** round [Kevin Hartz](https://millionrounds.com/fund/a-star-co) VC firm **1** round [Neil Barsky](https://millionrounds.com/fund/neil-barsky) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=covenant). ## 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 Partners](https://millionrounds.com/fund/neer-venture-partners) VC firm Per its own site [Dewhales Capital](https://millionrounds.com/fund/dewhales-capital) VC firm Per 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. ## Companies like Covenant In the same sector, and raised in the last eighteen months. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app