# Covington Funds: portfolio, investments and team > Covington Funds is a vc firm based in Canada. 5 investments on record, latest Apr 2013. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/covington-funds (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Covington Funds No cheque observed since Apr 2013, after 5 earlier cheques, and the website is parked. Dormant VC firm Series A Venture Seed Cheques on record **0%** of best year **0** **cheques in 12 months**, 5 on record Since the last cheque **4940** days **00** hrs **00** min **00** sec Median round **$3.3M** Rounds led **0 of 5** Sole investor **1 rounds** Exits **1 from the portfolio** Mostly in **Canada, 80%** Pitch Covington Funds ## Covington Funds highlights - 01 5 rounds on record - 02 Mostly Series A and Venture: 80% of its rounds - 03 Sole investor in 1 rounds, median $1.4M - 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 first **5 appearances** - **2013** 1 round - **Apr** **[Fusebill](https://millionrounds.com/company/fusebill)** Venture · CA · techcrunch.com **$2.0M** With 1 other - **2012** 2 rounds - **Jun** **[Embotics](https://millionrounds.com/company/embotics)** Venture · CA · businesswire.com **$8.4M** With 1 other - **Mar** **[Fusebill](https://millionrounds.com/company/fusebill)** Seed · CA **$1.4M** Sole investor - **2011** 1 round - **Oct** **[Azelon Pharmaceuticals](https://millionrounds.com/company/azelon-pharmaceuticals)** Series A · US · finsmes.com **$4.5M** With 2 others - **1999** 1 round - **Jan** **[Bridgewater Systems](https://millionrounds.com/company/bridgewater-systems)** Series A · CA **Undisclosed** With 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 listed **1 in all** **[Bridgewater Systems](https://millionrounds.com/company/bridgewater-systems)** Bought by [Amdocs](https://millionrounds.com/fund/amdocs-ventures) **Undisclosed** Jun 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 Group** **Undisclosed** Sept 2015 ## The cheque Series A Venture Seed Median round joined **$3.3M** the round, not its cheque Alone, median **$1.4M** Led 0 of 5 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Apr 2013 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series A *2* - Venture *2* - Seed *1* Cheques by year Led Joined 1999 2013 **Pitching Covington Funds?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=covington-funds) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=covington-funds)