When was COVE founded?

COVE was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is COVE located?

COVE is headquartered in Singapore, Singapore. It is registered at TEMASEK AVENUE, Singapore, 39190.

Who is the current CEO of COVE?

Pawan Gandhi of COVE. They have also founded 1 company.

How many employees does COVE have?

As of Sep 30, 2026, the latest employee count at COVE is 52.

Is COVE a funded company?

COVE is a funded company, having raised a total of $10.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 07, 2017.

When was the latest funding round of COVE?

COVE's latest funding was a $***** Series B round on May 20, 2019, with participation from 2 investors.

What is the annual revenue of COVE?

Annual revenue of COVE is between $10M and $50M as on Mar 31, 2023

Where does COVE rank among its competitors?

COVE ranks 1st amongst 15 active competitors, only 1 of which is funded. COVE, which secured $6.2M in May, 2019.

Who are the top competitors of COVE?

COVE's top competitors include BitDynamic, Sataday and MindPirate. Among them, COVE secured the most recent funding round in May, 2019.

COVE - 2026 Company Profile, Team, Funding, Competitors & Financials

COVE is an acquired company based in Singapore (Singapore), founded in 2015 by Pawan Gandhi. It operates as a Provider of development platform for smart wearable devices. COVE has raised $10.7M in funding from Metals International and ICT Fund. The company has 15 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like BitDynamic, Sataday and MindPirate.

Company Details

Cove, a registered brand of KaHa, is a product development platform provider for IoT enabled wearables. The company develops wearable products for sports & fitness, wellness, convenience, safety, lifestyle and special needs via in-built artificial intelligence and machine learning algorithms in the platform. It also provides services for after-sales support and social engagement. Partners are Titan, Bridgestone, PC Jeweller, and Curtis among others.

Website: coveiot.com
Social
Email ID: *****@coveiot.com
Registered Address: TEMASEK AVENUE, Singapore, 39190

Key Metrics

Founded Year

2015

Location

Singapore, Singapore

Stage

Acquired

Total Funding

$10.7M in 2 rounds

Latest Funding Round

Series B, May 20, 2019, $*****

Investors

Metals International & 12 more

Ranked

1^st among 15 active competitors

Annual Revenue

$10M - $50M as on Mar 31, 2023

Employee Count

52 as on Sep 30, 2026

Similar Companies

BitDynamic & 16 more

Exit Details

Acquired by boAt (Jan 14, 2022)

View COVE's full profile

COVE is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Kaha Technologies Private Limited CIN: U72900DL2016FTC299080 , India, Active	May 03, 2016	₹10 - ₹50 Cr (As on Mar 31, 2022)	63 (As on Feb 29, 2024)
KAHA PTE. LTD. UEN: 201502882N , Singapore, Active	Jan 29, 2015	$10M - $50M (As on Mar 31, 2023)	-
Kaha Technologies Private Limited CIN: U72900KA2016FTC178519 , India, Active	May 04, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	-

COVE got acquired by boAt on Jan 14, 2022.

Click here to take a look at COVE's acquisition in detail

COVE has raised a total funding of $10.7M over 2 rounds. Its first funding round was on Nov 07, 2017. Its latest funding round was a Series B round on May 20, 2019 for $*****. 2 investors participated in its latest round. COVE has 10 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of COVE:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 20, 2019	8915679	Series B	7435876	9864127	3830820	3647822
Nov 07, 2017	7254402	Series A	5526675	2899285	Metals International	YourNest & 4 more

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View details of COVE's funding rounds and investors

The founders of COVE is Pawan Gandhi. Pawan Gandhi is the CEO of COVE.

Here are the details of COVE's key team members:

Pawan Gandhi: Co-Founder & CEO of COVE. They serve on the board of 1 company.

COVE's Board of Directors

COVE's board has 2 active members. Vivek Gambhir and Pawan Gandhi are part of team.

Here is the list of COVE's board of directors:

Name	Type	Representing	Status	Duration
Pawan Gandhi	Team	-	Current	11y 7m
Vivek Gambhir	Investor	-	Current	4y 7m
gduorsj	Investor	zdhhumm	Past	1y 2m
rpdvrkr	Independent board member	-	Past	5y 6m

View details of COVE's Founder profiles and Board Members

COVE's employee count trend

COVE has 52 employees as of Sep 26. Here is COVE's employee count trend over the years:

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Top competitors of COVE include BitDynamic, Sataday and MindPirate. Here is the list of Top 10 competitors of COVE, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	COVE 2015, Singapore (Singapore), Acquired	Provider of development platform for smart wearable devices	$10.7M	Jungle Ventures, YourNest & 11 others	60/100
2nd	BitDynamic Shenzhen (China), Unfunded	Developer of applications for managing smart wearable device hardware features	-	-	40/100
3rd	Sataday Wilmington (United States), Unfunded	Developer of adaptive artificial intelligence and wearable AI companion products	-	-	24/100
4th	MindPirate 2012, Menlo Park (United States), Seed	Platform for wearble & IoE (Internet of Everything) app development & distribution	$2.5M	Signia Venture Partners, Bessemer Venture Partners	24/100
5th	N2S Design 2015, Canada, Unfunded	Provider of electronic hardware design services for diverse industry applications	-	-	23/100
6th	Oceanleap 2013, Santa Clara (United States), Deadpooled	Activity and wearables app development platform	-	-	23/100
7th	AgapeJUST 2016, Vijayawada (India), Unfunded	Developer of wearable technology and intelligence amplification systems for various applications	-	-	22/100
8th	Cilanti Technology 2019, Bengaluru (India), Unfunded	Developer of cloud-connected wearable technology solutions for health and industrial applications	-	-	22/100
9th	Cronologics Corporation 2014, San Mateo (United States), Acquired	AI dating assistant and wingman, boosting confidence for meaningful connections	-	-	20/100
10th	Organic Code 2017, Portland (United States), Unfunded	Developer and designer of mobile applications and wearable devices	-	-	20/100