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Cove Smart

Cove Smart

Private
Draper, UtahConsumer & Commercehttps://www.covesmart.com/

Last Round

Growth Equity

Jun 2, 2025

Total Funding Raised

$32.6M

Company Overview

Cove Smart is a home security company that provides do-it-yourself smart home security systems and professional monitoring services.

Sector

Consumer & Commerce

Verticals

D2C Brands, Consumer Electronics, Subscription Commerce, Home & Lifestyle, IoT Hardware

Business Model

B2C

Customer Profile

Hardware + Subscription, Hardware Sales

AI Layer

Application

Keywords

home security systemDIY home securityprofessional monitoringalarm monitoringsmart home securitysecurity sensorswireless securitysecurity camerasself-installed securityhome alarmDTC securitysubscription securityenvironmental sensorsno-contract securityIoT hardware

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Caplight Momentum Score

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Cove Smart Comparables

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Cove Smart comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Link Interactive
88%
SimpliSafe
86%
Alder Holdings, LLC
84%

Cove Smart Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquityJun 2, 2025
Series A ExtensionJul 30, 2024
SeedJul 13, 2023
SeedJul 13, 2023
Series AJun 1, 2022
Series A
May 19, 2015

Key People

Founding team and executive leadership

Bryce Lyman

Chief Operating Officer

Executive Team

Cove Smart Investors

Notable investors and investment history

Cove Smart investors
InvestorRounds
Second Century VenturesSeries A
NeoSeed
Common Sense GrowthSeed
Thrive CapitalSeed
O'Shaughnessy VenturesSeries A Extension
Nuveen Real EstateSeries A Extension
Lead Edge CapitalGrowth Equity

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 17, 2025

    Added NBC, a media & entertainment company, as a customer.

Recent news

Latest coverage and updates

  • receives_awardSep 18, 2026

    Cove Smart, LLC received award 2026 IABE Regional Excellence Award Winner on Sep 18th '26.

  • recognized_asSep 18, 2026

    Cove Smart, LLC recognized as Regional Excellence on Jul 1st '26.

Cove Smart Filings

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Cove Smart filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Firmographic Details

HeadquartersDraper, Utah
Employee Range21
Year Founded2018
Last FundingJun 2, 2025

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