# Cover funding: rounds and investors > Cover has raised $96M across 6 rounds since 2013. Investors include General Catalyst, Naval Ravikant and O'Reilly AlphaTech Ventures. Source: https://millionrounds.com/company/cover (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Cover* 6 rounds we have observed, with the 31 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. Cleantech Construction Fintech Insurtech Y Combinator: W16 Funding summary Updated 26 Oct 2026 **$96M** raised across 6 rounds since 2013, from 6 sources **$1.5M** Seed **$5.5M** Series A **$1.6M** Seed **$11M** Seed **$16M** Series B **$60M** Series B - **Latest round:** Series B, $60M Oct 2021 - **Step-up i:** 3.8× - **Investors:** 31 (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. 2013 2015 2017 2019 2021 **$1.5M** Seed **$5.5M** Series A **$1.6M** Seed **$11M** Seed **$16M** Series B **$60M** Series B - **First round:** Seed, $1.5M - **Biggest round:** $60M - **Usual gap between rounds:** 15 months ## The rounds - **Oct 2021** Series B **$60M** *4 new* *1 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) Source recorded - **Oct 2018** Series B **$16M** *5 new* [Arjun Sethi](https://millionrounds.com/fund/arjun-sethi) Lead [Samsung](https://millionrounds.com/fund/samsung) [Exor](https://millionrounds.com/fund/exor) Social Tribe Capital/ YC Reported by TechCrunch - **Jul 2017** Seed **$11M** *1 new* [Social Capital](https://millionrounds.com/fund/social-capital) Reported by FinSMEs - **May 2017** Seed **$1.6M** *3 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Hyperspeed Ventures](https://millionrounds.com/fund/hyperspeed-ventures) Khosla Ventures/ Fifty Years Reported by FinSMEs - **Jul 2014** Series A **$5.5M** *4 new* *10 returning* [Benchmark](https://millionrounds.com/fund/benchmark) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [O'Reilly AlphaTech Ventures](https://millionrounds.com/fund/o-reilly-alphatech-ventures) [Josh Spear](https://millionrounds.com/fund/josh-spear) [Mike Greenfield](https://millionrounds.com/fund/mike-greenfield) [James Altucher](https://millionrounds.com/fund/james-altucher) [Andrew Kortina](https://millionrounds.com/fund/andrew-kortina) [Edward Zimmerman](https://millionrounds.com/fund/edward-zimmerman) [Ben Leventhal](https://millionrounds.com/fund/ben-leventhal) [Dave Eisenberg](https://millionrounds.com/fund/dave-eisenberg) [Chris Muscarella](https://millionrounds.com/fund/chris-muscarella) [John McDonald](https://millionrounds.com/fund/john-mcdonald) From a historical funding record - **May 2013** Seed **$1.5M** *14 new* [Lerer Ventures](https://millionrounds.com/fund/lerer-ventures) [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [O'Reilly AlphaTech Ventures](https://millionrounds.com/fund/o-reilly-alphatech-ventures) [RedSwan VC](https://millionrounds.com/fund/red-swan-ventures-2) [Josh Spear](https://millionrounds.com/fund/josh-spear) [capitalB](https://millionrounds.com/fund/capitalb) [Mike Greenfield](https://millionrounds.com/fund/mike-greenfield) [James Altucher](https://millionrounds.com/fund/james-altucher) [Andrew Kortina](https://millionrounds.com/fund/andrew-kortina) [Ben Leventhal](https://millionrounds.com/fund/ben-leventhal) [Dave Eisenberg](https://millionrounds.com/fund/dave-eisenberg) [Ed Zimmerman](https://millionrounds.com/fund/ed-zimmerman) [Chris Muscarella](https://millionrounds.com/fund/chris-muscarella) [John McDonald](https://millionrounds.com/fund/john-mcdonald) Reported by techcrunch.com SEC filing: $1.5M sold, first sale Apr 2013 ## Founders and team From the SEC filings it signed: 2 on the team. - **Andrew Cove** Executive Officer, Director i - **Mark Egerman** Executive Officer, Director i On the board, as filed i *Bryce Roberts* ## 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** 2013 **Series A** 2014 **Seed** 2017 **Seed** 2017 **Series B** 2018 **Series B** 2021 [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) [O'Reilly AlphaTech Ventures](https://millionrounds.com/fund/o-reilly-alphatech-ventures) [Josh Spear](https://millionrounds.com/fund/josh-spear) [Mike Greenfield](https://millionrounds.com/fund/mike-greenfield) [James Altucher](https://millionrounds.com/fund/james-altucher) [Andrew Kortina](https://millionrounds.com/fund/andrew-kortina) [Ben Leventhal](https://millionrounds.com/fund/ben-leventhal) [Dave Eisenberg](https://millionrounds.com/fund/dave-eisenberg) [Chris Muscarella](https://millionrounds.com/fund/chris-muscarella) ## Exits Exit Buyer Price When Acquired [Velocity](https://millionrounds.com/fund/velocity) undisclosed Sept 2015 Acquired [Twitter](https://millionrounds.com/fund/twitter) undisclosed Apr 2014 From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=cover). ## Everyone who backed them [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **2** rounds [Naval Ravikant](https://millionrounds.com/fund/naval-ravikant) VC firm **2** rounds [O'Reilly AlphaTech Ventures](https://millionrounds.com/fund/o-reilly-alphatech-ventures) VC firm **2** rounds [Josh Spear](https://millionrounds.com/fund/josh-spear) Angel **2** rounds [Mike Greenfield](https://millionrounds.com/fund/mike-greenfield) Angel **2** rounds [James Altucher](https://millionrounds.com/fund/james-altucher) VC firm **2** rounds [Andrew Kortina](https://millionrounds.com/fund/andrew-kortina) Angel **2** rounds [Ben Leventhal](https://millionrounds.com/fund/ben-leventhal) Angel **2** rounds [Dave Eisenberg](https://millionrounds.com/fund/dave-eisenberg) Angel **2** rounds [Chris Muscarella](https://millionrounds.com/fund/chris-muscarella) Angel **2** rounds [John McDonald](https://millionrounds.com/fund/john-mcdonald) Angel **2** rounds [Arjun Sethi](https://millionrounds.com/fund/arjun-sethi) VC firm **1** round, led 1 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round [Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round [Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **1** round [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **1** round [Social Capital](https://millionrounds.com/fund/social-capital) VC firm **1** round [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **1** round [Lerer Ventures](https://millionrounds.com/fund/lerer-ventures) VC firm **1** round [Fifty Years](https://millionrounds.com/fund/fifty-years-industries-llc) VC firm **1** round [Samsung](https://millionrounds.com/fund/samsung) VC firm **1** round [RedSwan VC](https://millionrounds.com/fund/red-swan-ventures-2) VC firm **1** round [capitalB](https://millionrounds.com/fund/capitalb) Angel network **1** round [Exor](https://millionrounds.com/fund/exor) Corporate VC **1** round [Edward Zimmerman](https://millionrounds.com/fund/edward-zimmerman) VC firm **1** round [Ed Zimmerman](https://millionrounds.com/fund/ed-zimmerman) Angel **1** round [Hyperspeed Ventures](https://millionrounds.com/fund/hyperspeed-ventures) VC firm **1** round Khosla Ventures/ Fifty Years no record of our own yet **1** round Social no record of our own yet **1** round Tribe Capital/ YC 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=cover). ## Quick answers about Cover ### Who invested in Cover? Cover's investors include General Catalyst, Naval Ravikant, O'Reilly AlphaTech Ventures, Josh Spear and Mike Greenfield, and 26 more on record. ### How much has Cover raised? Cover has raised $96M across 6 rounds since 2013. ### When did Cover last raise? Cover's most recent round was a Series B of $60M in Oct 2021. ### What was Cover's biggest round? Its most recent round, $60M in Oct 2021, is also its largest on record. ### Who backed Cover first? Cover's first round on record, in May 2013, was backed by Lerer Ventures, Naval Ravikant and O'Reilly AlphaTech Ventures and 11 others. ### What stage is Cover at? Cover's latest named round is a Series B, in Oct 2021. ### Where is Cover based? Cover is based in the United States. ### Who led Cover's rounds? Arjun Sethi led the Series B in 2018. ## Companies like Cover In the same sector, and raised in the last eighteen months. [**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast) ## 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