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Coverbase

Coverbase

Private
San Francisco, CaliforniaEnterprise Softwarehttps://coverbase.com

Last Round

Series A

Nov 20, 2025

Total Funding Raised

$20.1M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Coverbase operates in Enterprise Software and is based in San Francisco, California. Its latest recorded funding round was a Series A round in November 2025.

Coverbase is an enterprise software company that provides an AI-native procurement and third-party risk management platform designed to automate vendor security reviews and compliance assessments.

Sector

Enterprise Software

Verticals

Compliance & Risk, Workflow Automation, RegTech

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Coverbase Comparables

Compare Coverbase with similar companies based on industry and business-model similarity.

Coverbase comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
VISO Trust
83%
Whistic
83%
Levelpath
82%
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Coverbase Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ANov 20, 2025
Early Stage VCOct 10, 2025
AcceleratorOct 1, 2024
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Key People

Founding team and executive leadership

Clarence Chio

Cofounder & CEO

Founding Team

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Coverbase Investors

Notable investors and investment history

Coverbase investors
InvestorRounds
Valley VenturesSeed
Founders You Should KnowSeries A, Seed
gener8torAccelerator
Pear VCSeries A, Seed
TTV CapitalSeries A, Seed
Next Level VenturesAccelerator
Fika VenturesSeries A, Seed
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Market signals

Structured signals derived from secondary market and firmographic data.

  • Sep 23, 2026

    Grew 25% QoQ, from 20 to 25 employees.

  • Aug 18, 2026

    Grew 28% QoQ, from 18 to 23 employees.

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Coverbase Filings

Explore SEC and related filing metadata, where available.

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

Filing documents are not displayed on this public page. Request access to learn about available coverage.

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Frequently Asked Questions

Common questions about Coverbase's valuation, stock price, and market status.

Is Coverbase a public or private company?

Coverbase is a private company.

What is the current stock price of Coverbase?

Coverbase is a private company, so its shares have no public market price. Caplight tracks Coverbase's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Coverbase worth (valuation)?

Valuation information for Coverbase is not publicly available.

Can I buy Coverbase stock?

Coverbase shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Coverbase's last funding round?

Coverbase's most recent funding round was Series A on November 20, 2025.

Who are the main investors in Coverbase?

Key investors in Coverbase include Fika Ventures, Canapi Ventures.

Will Coverbase IPO soon?

No public IPO plans have been announced for Coverbase.

How can I track Coverbase secondary market activity?

Caplight tracks bids, offers, and trades in Coverbase's shares on secondary markets.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range22
Year Founded2024
Last FundingNov 20, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

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