# Coveo funding: rounds and investors

> Coveo has raised $397M across 7 rounds since 2006. Investors include BDC Capital, Fonds de solidarite Ftq and Propulsion Ventures. Every round with its source.

Source: https://millionrounds.com/company/coveo (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Coveo*

7 rounds we have observed, with the 14 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.

Software AI

Funding summary Updated 26 Oct 2026

**$397M** raised across 7 rounds since 2006, from 7 sources

**$6.0M** Series A **$2.5M** Series A **$8.2M** Series B **$18M** Venture **$35M** Series D **$100M** Round **$227M** Round

- **Latest round:** Round, $227M Nov 2019
- **Led by:** OMERS Private Equity
- **Step-up i:** 2.3×
- **Investors:** 14 (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.

2006 2008 2010 2012 2014 2016 2018

**$6.0M** Series A

**$2.5M** Series A

**$8.2M** Series B

**$18M** Venture

**$35M** Series D

**$100M** Round

**$227M** Round

- **First round:** Series A, $6.0M
- **Biggest round:** $227M
- **Usual gap between rounds:** 2.4 years

## The rounds

- **Nov 2019** Round **$227M** *3 new* *1 returning* [OMERS Private Equity](https://millionrounds.com/fund/omers-private-equity) Lead [Evergreen Coast Capital](https://millionrounds.com/fund/evergreen-coast-capital) FSTQ IQ Reported by FinSMEs
- **Apr 2018** Round **$100M** *1 new* [Evergreen Coast Capital](https://millionrounds.com/fund/evergreen-coast-capital) Reported by FinSMEs
- **Nov 2015** Series D **$35M** *2 new* *4 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) [Tandem Expansion Fund](https://millionrounds.com/fund/tandem-expansion-fund) [Louis Tetu](https://millionrounds.com/fund/louis-tetu) IQ Venture Capital Propulsion Ventures SEC From a historical funding record
- **Dec 2012** Venture **$18M** *1 new* *2 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Tandem Expansion Fund](https://millionrounds.com/fund/tandem-expansion-fund) [Propulsion Ventures](https://millionrounds.com/fund/propulsion-ventures) Reported by venturebeat.com
- **Dec 2009** Series B **$8.2M** *1 new* *3 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) [Propulsion Ventures](https://millionrounds.com/fund/propulsion-ventures) [Louis Tetu](https://millionrounds.com/fund/louis-tetu) Reported by techcrunch.com
- **Mar 2008** Series A **$2.5M** *3 new* [Louis Tetu](https://millionrounds.com/fund/louis-tetu) Jean LaViGeur Patrick O'Leary Reported by coveo.com
- **Oct 2006** Series A **$6.0M** *3 new* [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) [Propulsion Ventures](https://millionrounds.com/fund/propulsion-ventures) [Accès Capital](https://millionrounds.com/fund/acces-capital) Reported by coveo.com

## 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.

**Series A** 2006 **Series A** 2008 **Series B** 2009 **Venture** 2012 **Series D** 2015 **Round** 2018 **Round** 2019 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) [Propulsion Ventures](https://millionrounds.com/fund/propulsion-ventures) [Louis Tetu](https://millionrounds.com/fund/louis-tetu) [Tandem Expansion Fund](https://millionrounds.com/fund/tandem-expansion-fund) [Evergreen Coast Capital](https://millionrounds.com/fund/evergreen-coast-capital) [OMERS Private Equity](https://millionrounds.com/fund/omers-private-equity) L [Accès Capital](https://millionrounds.com/fund/acces-capital) FSTQ IQ

## Everyone who backed them

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **3** rounds

[Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) VC firm **3** rounds

[Propulsion Ventures](https://millionrounds.com/fund/propulsion-ventures) VC firm **3** rounds

[Louis Tetu](https://millionrounds.com/fund/louis-tetu) Angel **3** rounds

[Tandem Expansion Fund](https://millionrounds.com/fund/tandem-expansion-fund) Growth equity **2** rounds

[Evergreen Coast Capital](https://millionrounds.com/fund/evergreen-coast-capital) VC firm **2** rounds

[OMERS Private Equity](https://millionrounds.com/fund/omers-private-equity) Private equity **1** round, led 1

[Accès Capital](https://millionrounds.com/fund/acces-capital) Investment firm **1** round

FSTQ no record of our own yet **1** round

IQ no record of our own yet **1** round

IQ Venture Capital no record of our own yet **1** round

Jean LaViGeur no record of our own yet **1** round

Patrick O'Leary no record of our own yet **1** round

Propulsion Ventures SEC no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=coveo).

## Quick answers about Coveo

### Who invested in Coveo?

Coveo's investors include BDC Capital, Fonds de solidarite Ftq, Propulsion Ventures, Louis Tetu and Tandem Expansion Fund, and 9 more on record. OMERS Private Equity led its latest round.

### How much has Coveo raised?

Coveo has raised $397M across 7 rounds since 2006.

### When did Coveo last raise?

Coveo's most recent round was an Undisclosed round of $227M in Nov 2019, led by OMERS Private Equity.

### What was Coveo's biggest round?

Its most recent round, $227M in Nov 2019, is also its largest on record.

### Who backed Coveo first?

Coveo's first round on record, in Oct 2006, was backed by Fonds de solidarite Ftq, Propulsion Ventures and Accès Capital.

### What stage is Coveo at?

Coveo's latest named round is an Undisclosed round, in Nov 2019.

### Where is Coveo based?

Coveo is based in the United States.

### Who led Coveo's rounds?

OMERS Private Equity led the Undisclosed round in 2019.

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In the same sector, and raised in the last eighteen months.

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