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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

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.

  • Sep 23, 2026

    Grew 25% QoQ, from 20 to 25 employees.

  • Aug 18, 2026

    Grew 28% QoQ, from 18 to 23 employees.

Coverbase Filings

Explore SEC and related filing metadata, where available.

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

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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 Early Stage VC on August 10, 2026.

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 FundingAug 10, 2026

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