Where is Coverbase located?

Coverbase is headquartered in San Francisco, United States.

Who is the current CEO of Coverbase?

Clarence Chio of Coverbase. They have also founded 1 company.

How many employees does Coverbase have?

As of Sep 30, 2026, the latest employee count at Coverbase is 25.

Is Coverbase a funded company?

Coverbase is a funded company, having raised a total of $19.8M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Coverbase?

Coverbase's latest funding was a $***** Series A round on Oct 10, 2025, with participation from 6 investors.

Where does Coverbase rank among its competitors?

Coverbase ranks 43rd amongst 915 active competitors, of which 138 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Hadrian, which secured $40M in Oct, 2026.

Who are the top competitors of Coverbase?

Coverbase's top competitors include CloudSEK Research, GardaWorld and Vicarius. Among them, Hadrian secured the most recent funding round in October, 2026.

Coverbase - 2026 Company Profile, Team, Funding & Competitors

Coverbase is a series A company based in San Francisco (United States), founded in 2024 by Clarence Chio and Zi Chong Kao. It operates as a Provider of cyber risk and vulnerability assessment solutions. Coverbase has raised $19.8M in funding from Canapi Ventures. The company has 915 active competitors, including 138 funded and 87 that have exited. Its top competitors include companies like CloudSEK Research, GardaWorld and Vicarius.

Company Details

Provider of cyber risk and vulnerability assessment solutions. It offers an AI-driven systems that helps companies assess the risk of working with other businesses.

Key Metrics

Founded Year

2024

Location

San Francisco, United States

Stage

Series A

Total Funding

$19.8M in 2 rounds

Latest Funding Round

Series A, Oct 10, 2025, $*****

Investors

Canapi Ventures & 6 more

Ranked

43^rd among 915 active competitors

Employee Count

25 as on Sep 30, 2026

Similar Companies

Cyera & 1349 more

View Coverbase's full profile

Coverbase has raised a total funding of $19.8M over 2 rounds. Its latest funding round was a Series A round on Oct 10, 2025 for $*****. 6 investors participated in its latest round. Coverbase has 7 institutional investors.

Here is the list of recent funding rounds of Coverbase:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 10, 2025	4621167	Series A	7391632	1635683	2829796	5150270

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View details of Coverbase's funding rounds and investors

The founders of Coverbase are Clarence Chio and Zi Chong Kao. Clarence Chio is the CEO of Coverbase.

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

Clarence Chio: Co-Founder & CEO of Coverbase.
Contact Info: 1 email address
Zi Chong Kao: Co-Founder of Coverbase.
Contact Info: 1 email address

View details of Coverbase's Founder profiles and Board Members

Coverbase's employee count trend

Coverbase has 25 employees as of Sep 26. Here is Coverbase's employee count trend over the years:

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Top competitors of Coverbase include CloudSEK Research, GardaWorld and Vicarius. Here is the list of Top 10 competitors of Coverbase, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CloudSEK Research 2015, Singapore (Singapore), Series B	Provider of predictive attack path intelligence and digital risk monitoring	$42.7M	Exfinity Venture Partners, Parampara Capital ... & 19 others	72/100
2nd	GardaWorld 1995, Montreal (Canada), Acquired	Provider of security personnel, risk management, and security service solutions	-	ATB Financial, Rhone Group & 10 others	72/100
3rd	Vicarius 2016, Tel Aviv (Israel), Series B	Proxy based isolation for malware attack prevention on the endpoints	$59.1M	JVP, AllegisCyber Capital & 9 others	68/100
4th	XM Cyber 2016, Herzliya (Israel), Acquired	Cyber risk and vulnerability assessment solutions provider	$49M	Macquarie, Nasdaq & 5 others	68/100
5th	CloudCheckr 2011, Rochester (United States), Acquired	Cloud-based solutions for vulnerability assessment & cloud maanagement	$67.4M	Level Equity, Garrison Capital & 4 others	67/100
6th	Axio Global 2016, New York City (United States), Acquired	Provider of cyber risk management, mitigation, and insurance solutions	$30M	NFP Venture, IA Capital Group & 5 others	67/100
7th	Opaque 2019, Berkeley (United States), Series B	Cloud and AI based analytics for encrypted cloud data	$55.5M	Walden Catalyst, Intel Capital & 10 others	66/100
8th	Ontic 2017, Austin (United States), Series C	Provider of security management software unifying data and streamlining security operations	$287M	Felicis Ventures, JMI Management & 8 others	66/100
9th	AttackIQ 2013, San Diego (United States), Series C	Provider of security validation and exposure management through adversarial emulation	$95.2M	Index Ventures, Qualcomm Ventures & 12 others	65/100
10th	Hadrian 2021, Amsterdam (Netherlands), Series A	Cloud and AI based solutions for analyzing security vulnerabilities	$65M	ForgePoint Capital, HV Capital & 18 others	65/100
43rd	Coverbase 2024, San Francisco (United States), Series A	Provider of cyber risk and vulnerability assessment solutions	$19.8M	TTV Capital, Canapi Ventures & 5 others	54/100