When was Cove Markets founded?

Cove Markets was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Cove Markets located?

Cove Markets is headquartered in Chicago, United States.

How many employees does Cove Markets have?

As of Jul 01, 2024, the latest employee count at Cove Markets is 1 - 10.

Is Cove Markets a funded company?

Cove Markets is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 11, 2019.

When was the latest funding round of Cove Markets?

Cove Markets' latest funding was a $***** Seed round on Oct 11, 2019, with participation from 0 investor. Its primary sector is Cryptocurrencies. In United States, the Cryptocurrencies sector has seen $1.53B in funding in 2026 to date.

Where does Cove Markets rank among its competitors?

Cove Markets ranks 5th amongst 17 active competitors, of which 2 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Oasis Pro Markets, which secured $27M in May, 2022.

Who are the top competitors of Cove Markets?

Cove Markets' top competitors include Altonomy, Oasis Pro Markets and Genesis Vision. Among them, Oasis Pro Markets secured the most recent funding round in May, 2022.

Cove Markets - 2026 Company Profile, Team, Funding & Competitors

Cove Markets is an acquired company based in Chicago (United States), founded in 2018 by Victor Glava. It operates as an Alternative trading system for cryptocurrencies. Cove Markets has raised $1.53M in funding. The company has 17 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like Altonomy, Oasis Pro Markets and Genesis Vision.

Company Details

Cove Markets provides an alternative trading system for cryptocurrencies. It provides a liquidity aggregator and crypto-trading platform for crypto investors and traders. It features analytical tools, real-time price charts, etc.

Website: covemarkets.com
Social
Email ID: *****@covemarkets.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Chicago, United States

Stage

Acquired

Total Funding

$1.53M in 1 round

Latest Funding Round

Seed, Oct 11, 2019, $*****

Ranked

5^th among 17 active competitors

Employee Count

1 - 10 as on Jul 01, 2024

Similar Companies

Altonomy & 28 more

Exit Details

Acquired by Robinhood (Dec 14, 2021)

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Cove Markets got acquired by Robinhood on Dec 14, 2021.

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Cove Markets has raised a total funding of $1.53M over 1 round.

Here is the list of recent funding rounds of Cove Markets:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 11, 2019	7755691	Seed	9546150	2051691	9986700	2691375

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View details of Cove Markets's funding rounds and investors

The founders of Cove Markets is Victor Glava. Scott Knudsen is the CEO of Cove Markets.

Here are the details of Cove Markets' key team members:

Victor Glava: CTO & Co-Founder of Cove Markets.
Scott Knudsen: CEO of Cove Markets.

View details of Cove Markets's Founder profiles and Board Members

Cove Markets' employee count trend

Cove Markets has 1 - 10 employees as of Jul 24. Here is Cove Markets's employee count trend over the years:

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Top competitors of Cove Markets include Altonomy, Oasis Pro Markets and Genesis Vision. Here is the list of Top 10 competitors of Cove Markets, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Altonomy 2018, Singapore (Singapore), Acquired	Digital assets trading, advisory, and asset management platform	$7M	Polychain	61/100
2nd	Oasis Pro Markets 2008, Darien (United States), Acquired	Alternative trading platform for digital securities	$27M	Inveniam IO, Mirae Asset Venture & 8 others	52/100
3rd	Genesis Vision 2017, Dublin (Ireland), Funding Raised	Private trust management on blockchain	-	Amplifi Capital, Forexify	44/100
4th	SIBEX 2019, Zug (Switzerland), Seed	Digital asset trading solutions	$1.8M	Fenbushi Capital, Accomplice & 2 others	36/100
5th	Cove Markets 2018, Chicago (United States), Acquired	Alternative trading system for cryptocurrencies	$1.53M	-	33/100
6th	Bluefire Capital 2007, Chicago (United States), Acqui-Hired	Alternative cryptocurrency trading system	-	-	30/100
7th	Blockchain Terminal 2014, New York City (United States), Funding Raised	Cryptocurrency trading platform providing access to global markets and advanced tools	-	Jubilee Capital Management, O1ex	28/100
8th	MatrixETF 2021, Vancouver (Canada), Seed	Online trading platform for ETF funds backed by crypto tokens	-	Moonrockcapital, Ascensive Assets & 7 others	25/100
9th	Solidus 2019, Mexico City (Mexico), Unfunded	Alternative cryptocurrency trading services	-	-	21/100
10th	CrypPro 2018, London (United Kingdom), Unfunded	Alternative cryptocurrency trading solutions	-	-	20/100