# Covetool: Energy, Atlanta, United States

> Covetool: Covetool is a B2B SaaS company that helps make buildings energy efficient while saving on construction cost. Based in Atlanta, United States.

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

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

# Covetool

Covetool is a B2B SaaS company that helps make buildings energy efficient while saving on construction cost.

Funding reported Last round: Series B

Energy Atlanta, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 51 51 to 200 people
- **Funding reported:** $37M in dollars
- **Last round:** Series B Dec 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Covetool has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Covetool raised

Funding, as reported

Reported in all **$37M** in dollars

Rounds **5**

Last round **Series B**

Last round date **Dec 2021**

Investors listed **7**

SEC Form D **$36M sold, 3 filings, last Dec 2021**

## Founders and team

From Covetool's own website: 1 founder, 2 on the team.

**Sandeep Ahuja** Co-Founder & CEO

- **Pete Eisen** Head of Growth & Partnerships
- **Martin Clary** Director of Software

## On a portfolio page

Investors who name them

- [Nollen Group](https://millionrounds.com/fund/nollen-group)

Each firm lists Covetool on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Energy in United States

Startups like it

- [**Generate Capital** San Francisco · founded 2014](https://millionrounds.com/startup/generate-capital)
- [**Vistra** Irving · founded 2016](https://millionrounds.com/startup/vistra)
- [**MPLX** Findlay · founded 2012](https://millionrounds.com/startup/mplx)
- [**NextDecade** Houston · founded 2014](https://millionrounds.com/startup/nextdecade)
- [**Kinetik** Midland · founded 2012](https://millionrounds.com/startup/kinetik-4)
- [**New Fortress Energy** New York · founded 2014](https://millionrounds.com/startup/new-fortress-energy)
- [**Swift Current Energy** Boston · founded 2016](https://millionrounds.com/startup/swift-current-energy)
- [**GE Vernova** Boston · founded 2022](https://millionrounds.com/startup/ge-vernova)

## Is this your company?

Add your raise, your deck and your story, and put Covetool in front of investors. Or tell us what we have wrong.

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