Cover

About

Cover is a technology company that designs, manufactures, and installs custom Backyard Studios.

Gardena,California,United States
1 - 10

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $10M
Industries: Building Material,Construction,Manufacturing,Product Design,Software
Founded date: Jan 1, 2014
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Cover Technologies Inc.
Also Known As: Cover Technologies

Cover is a technology company that designs, manufactures, and installs custom Backyard Studios. Cover’s mission is to make living in a thoughtfully designed and well-built home a reality for everyone. Using proprietary design software and a precision manufactured building system, Cover delivers exceptional design, functionality, and energy performance, in a fraction of the time of traditional custom construction. Cover has launched in Los Angeles and is taking pre-orders worldwide.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$73.30M

Cover has raised a total of $73.30M in funding over 2 rounds. Their latest funding was raised on Oct 28, 2021 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 28, 2021	Series B	$60M	16	Gigafund	—	Detail
Jul 28, 2020	Series A	$10M	9	Founders Fund Lennar Corporation	—	Detail
Apr 19, 2019	Seed	$1.70M	1	—	—	Detail
May 9, 2017	Seed	$1.60M	3	General Catalyst Khosla Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

21

Cover is funded by 21 investors. Gigafund and General Catalyst are the most recent investors.

Investor Name	Lead Investor	Funding Round
Gigafund	Yes	Series B
General Catalyst	—	Series B
Arash Ferdowsi	—	Series B
Bill Peck	—	Series B
Bruce Richards	—	Series B
Chris Sacca	—	Series B
Fifty Years	—	Series B
Founders Fund	—	Series B
Jeff Dean	—	Series B
Lennar Corporation	—	Series B