# Coverbase funding: rounds and investors

> Coverbase has raised $32M across 2 rounds since 2025. Investors include Canapi Ventures, Pear VC and NAP. Every round with its source.

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

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

# Who invested in *Coverbase*

2 rounds we have observed, with the 7 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 Cybersecurity Enterprise Software Supply Chain

Raised 3 months ago

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Funding summary Updated 5 Nov 2026

**$32M** raised across 2 rounds since 2025, from 2 sources

**$16M** Series A **$16M** Round

- **Latest round:** Round, $16M Aug 2026
- **Investors:** 7 (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

**$16M** Series A

**$16M** Round

- **First round:** Series A, $16M
- **Biggest round:** $16M
- **Between rounds:** 9 months

## The rounds

- **Aug 2026** Round **$16M** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $16M sold, first sale Aug 2026
- **Nov 2025** Series A **$16M** *7 new* [Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) Lead [Pear VC](https://millionrounds.com/fund/pear-vc) [NAP](https://millionrounds.com/fund/nap) [TTV Capital](https://millionrounds.com/fund/ttv-capital) [Fika Ventures](https://millionrounds.com/fund/fika-ventures) [Founders You Should Know (FYSK)](https://millionrounds.com/fund/founders-you-should-know-fysk) [Valley Bank (now Great Southern Bank)](https://millionrounds.com/fund/valley-bank) Reported by Crunchbase News

## Funding filed with regulators

Coverbase filed one raise, $16M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$16M** 39 investors SEC Form D

## Founders and team

From Coverbase's own website: 3 on the team.

- **Healthcare Provider** IT Security Lead
- **SaaS Startup** IT Security Lead
- **Zero-Touch Assessments** Vendor assessments that complete without an analyst.

## 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** 2025 **Round** 2026 [Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) L [Pear VC](https://millionrounds.com/fund/pear-vc) [NAP](https://millionrounds.com/fund/nap) [TTV Capital](https://millionrounds.com/fund/ttv-capital) [Fika Ventures](https://millionrounds.com/fund/fika-ventures) [Founders You Should Know (FYSK)](https://millionrounds.com/fund/founders-you-should-know-fysk) [Valley Bank (now Great Southern Bank)](https://millionrounds.com/fund/valley-bank)

## Everyone who backed them

[Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) VC firm **1** round, led 1

[Pear VC](https://millionrounds.com/fund/pear-vc) VC firm **1** round

[NAP](https://millionrounds.com/fund/nap) VC firm **1** round

[TTV Capital](https://millionrounds.com/fund/ttv-capital) VC firm **1** round

[Fika Ventures](https://millionrounds.com/fund/fika-ventures) VC firm **1** round

[Founders You Should Know (FYSK)](https://millionrounds.com/fund/founders-you-should-know-fysk) VC firm **1** round

[Valley Bank (now Great Southern Bank)](https://millionrounds.com/fund/valley-bank) VC firm **1** round

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

## Also claim to have backed them

This firm lists Coverbase as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Biarritz Ventures](https://millionrounds.com/fund/biarritz-ventures) VC firm Per its own site

## Quick answers about Coverbase

### Who invested in Coverbase?

Coverbase's investors include Canapi Ventures, Pear VC, NAP, TTV Capital and Fika Ventures, and 2 more on record.

### How much has Coverbase raised?

Coverbase has raised $32M across 2 rounds since 2025.

### When did Coverbase last raise?

Coverbase's most recent round, $16M, was in Aug 2026.

### What was Coverbase's biggest round?

Its most recent round, $16M in Aug 2026, is also its largest on record.

### Who backed Coverbase first?

Coverbase's first round on record, in Nov 2025, was backed by Canapi Ventures, Pear VC and NAP and 4 others.

### What stage is Coverbase at?

Coverbase's latest named round is a Series A, in Nov 2025.

### Where is Coverbase based?

Coverbase is based in the United States.

### Who led Coverbase's rounds?

Canapi Ventures led the Series A in 2025.

## Companies like Coverbase

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)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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