How Much Did Covered Raise?
Funding & Key Investors

Covered, a player in the Apparel & Accessories Retail sector, has secured $27K in total capital, with its most recent financing round bringing in $27K. This substantial expansion capital injection signifies a critical growth phase for the company, likely aligning with its significant Series B/C stage.

What is Covered?

Covered
RetailApparel & Accessories Retail

Covered operates within the Apparel & Accessories Retail industry, a dynamic market segment. Headquartered in Minneapolis, Minnesota, the company employs between 5 to 9 individuals and generates revenue in the range of $1 million to $5 million. Its focus on retail within the apparel and accessories space positions it to capitalize on consumer trends and demand.

How much funding has Covered raised?

Covered has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

What's next for Covered?

With the recent influx of substantial expansion capital, Covered is poised for significant scaling and strategic development. The company's current lifecycle stage, indicated by its Series B/C funding context, suggests a focus on market penetration, operational enhancement, and potentially product line diversification. Future growth will likely involve leveraging this investment to solidify its market position and expand its reach within the competitive apparel and accessories retail landscape.

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Frequently Asked Questions Regarding Covered Financial Insights

What are the most recent funding rounds that Covered has completed, and what were the funding rounds?
Covered has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Covered has raised to date?
Covered has raised a total of $27K in funding to date.
How many funding rounds has Covered completed?
Covered has completed 1 funding rounds.
How much funding did Covered raise in its most recent funding round?
Covered raised $27K in its most recent funding round.
Who are the lead investors in Covered's latest funding round?
The lead investor in Covered's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Covered's history?
The largest funding round in Covered's history was $27K.
See more information about Covered