Canada · Investor

Covington Funds

No cheque observed since Apr 2013, after 5 earlier cheques, and the website is parked.

DormantVC firm

Series AVentureSeed

Cheques on record
0%of best year0cheques in 12 months, 5 on record
Since the last cheque4940days00hrs00min00sec
Median round$3.3MRounds led0 of 5Sole investor1 roundsExits1 from the portfolioMostly inCanada, 80%
Pitch Covington Funds

Covington Funds highlights

  1. 01

    5 rounds on record

  2. 02

    Mostly Series A and Venture: 80% of its rounds

  3. 03

    Sole investor in 1 rounds, median $1.4M

  4. 04

    1 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Based in
Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first5 appearances

  1. 2013

    1 round

  2. Apr
    FusebillVenture · CA · techcrunch.com$2.0MWith 1 other
  3. 2012

    2 rounds

  4. Jun
    EmboticsVenture · CA · businesswire.com$8.4MWith 1 other
  5. Mar
    FusebillSeed · CA$1.4MSole investor
  6. 2011

    1 round

  7. Oct
    Azelon PharmaceuticalsSeries A · US · finsmes.com$4.5MWith 2 others
  8. 1999

    1 round

  9. Jan
    Bridgewater SystemsSeries A · CAUndisclosedWith 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 3 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

Bridgewater SystemsBought by AmdocsUndisclosedJun 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

Companies it bought

Acquisitions by the firm itself

Masstech GroupUndisclosedSept 2015

Quick answers about Covington Funds

What does Covington Funds invest in?

Covington Funds invests most often at Series A and Venture (80% of the rounds on record).

How active is Covington Funds?

5 investments on record, 0 of them in the last 12 months. The most recent was in Apr 2013.

How big are Covington Funds's cheques?

The median round it joins is $3.3M.

Does Covington Funds lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

Where does Covington Funds invest?

Most of the companies it backs are in Canada (80%) and the United States (20%).

Is Covington Funds investing now?

It looks quiet: no investment on record since Apr 2013.

What kind of investor is Covington Funds?

Covington Funds is a VC firm based in Canada.

When was Covington Funds founded?

Covington Funds was founded in 1994.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it