When was Cova founded?

Cova was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Cova located?

Cova is headquartered in Denver, United States. It is registered at 1777 South Harrison St - Suite #906 Denver, CO, 80210.

How many employees does Cova have?

As of Sep 30, 2026, the latest employee count at Cova is 63.

Is Cova a funded company?

Cova is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 19, 2018.

When was the latest funding round of Cova?

Cova's latest funding was a $***** Conventional Debt round on May 25, 2020, with participation from 1 investor.

Where does Cova rank among its competitors?

Cova ranks 6th amongst 56 active competitors, of which 9 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Alpine IQ, which secured $653K in Feb, 2024.

Who are the top competitors of Cova?

Cova's top competitors include TREEZ, Flowhub and Meadow Care. Among them, Alpine IQ secured the most recent funding round in February, 2024.

Cova - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of POS and dispensary management software. The company offers products such as POS for dispensaries, touchscreen menus & express checkouts. It also additionally includes a digital signage solution that engages customers in dispensaries & increases brand presence through various promotions.

Website: www.covasoftware.com/
Social
Email ID: *****@covasoftware.com
Phone Number: +1 **********
Registered Address: 1777 South Harrison St - Suite #906 Denver, CO, 80210

Key Metrics

Founded Year

2016

Location

Denver, United States

Stage

Series A

Total Funding

$8M in 2 rounds

Latest Funding Round

Conventional Debt, May 25, 2020, $*****

Investors

Golden Opportunities & 2 more

Ranked

6^th among 56 active competitors

Employee Count

63 as on Sep 30, 2026

Investment & Acquisitions

Dabber

Similar Companies

TREEZ & 89 more

View Cova's full profile

Cova is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Retail Innovation Labs LLC CIN: 37-1848323 , United States, Active	Dec 31, 2015	-	9 (As on Dec 31, 2020)	-

Cova has raised a total funding of $8M over 2 rounds. Its first funding round was on Nov 19, 2018. Its latest funding round was a Conventional Debt round on May 25, 2020 for $*****. 1 investor participated in its latest round. Cova has 3 institutional investors.

Here is the list of recent funding rounds of Cova:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2020	2831817	Conventional Debt	3317967	2667842	2135709	3958636
Nov 19, 2018	3747626	Series A	3869152	8540948	Golden Opportunities	2688278

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Cova's employee count trend

Cova has 63 employees as of Sep 26. Here is Cova's employee count trend over the years:

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Top competitors of Cova include TREEZ, Flowhub and Meadow Care. Here is the list of Top 10 competitors of Cova, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TREEZ 2016, Oakland (United States), Series C	Cannabis retail POS, inventory management, compliance, cashless payments, and ecommerce platform	$75.5M	Synchrony, Long Ridge & 12 others	61/100
2nd	Flowhub 2015, Denver (United States), Series A	Provider of software suite solutions for cannabis stores	$50M	Poseidon Asset Management, Headline & 16 others	57/100
3rd	Meadow Care 2014, San Francisco (United States), Seed	Provider of POS software for cannabis dispensary management	$2.1M	Liquid 2 Ventures, Slow Ventures & 19 others	55/100
4th	Blaze 2008, Newport Beach (United States), Series A	Developer of retail software for cannabis dispensaries and delivery services	$9.5M	Act One Ventures, Delta Emerald Ventures & 1 others	47/100
5th	IndicaOnline 2011, Los Angeles (United States), Unfunded	Cloud-based marijuana POS software for dispensaries & delivery	-	-	46/100
6th	Cova 2016, Denver (United States), Series A	Provider of POS and dispensary management software	$8M	Timia Capital, Golden Opportunities & 1 others	44/100
7th	Enlighten 2018, Bowling Green (United States), Acquired	Digital OOH advertising network for the cannabis industry	$6.5M	Tuatara Capital, Altitude Investment Management ... & 2 others	40/100
8th	MainStem 2014, Seattle (United States), Series C	Cloud-based software for purchasing cannabis products	$11M	Merida Capital Partners, Poseidon Asset Management	39/100
9th	Roshi 2017, San Francisco (United States), Seed	Provider of web-based supply chain management solutions for cannabis industries	$3.42M	F7, Silverleaf Venture Partners & 2 others	32/100
10th	Alpine IQ 2019, Broomfield (United States), Seed	Cloud based IT operations analytics management software provider	$653K	-	32/100