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Coverbase

Coverbase

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

Last Round

Early Stage

VC

Aug 10, 2026

Total Funding Raised

$20.1M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

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, Data Governance

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

TPRMthird-party risk managementprocurement automationvendor risk managementvendor riskAI agentsvendor onboardingcompliance automationRegTechcontract lifecycle managementCLMcontinuous monitoringsecurity assessmentAI-nativeGRC softwarevibe coding

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Track how buyer interest and sentiment changes over time.

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
81%
Whistic
78%
Panorays
78%

Coverbase Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early Stage VCAug 10, 2026
Series ANov 20, 2025
AcceleratorOct 1, 2024

Key People

Founding team and executive leadership

Clarence Chio

Cofounder & CEO

Founding Team

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

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 10, 2026

    $16.3M raised in an early stage VC round.

  • Aug 1, 2026

    Grew 17% QoQ, from 18 to 21 employees.

Coverbase Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Coverbase Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSan Francisco, California
Employee Range21
Year Founded2024
Last FundingAug 10, 2026

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