Where is Cove.tool located?

Cove.tool is headquartered in Atlanta, United States.

How many employees does Cove.tool have?

As of May 31, 2026, the latest employee count at Cove.tool is 48.

Is Cove.tool a funded company?

Cove.tool is a funded company, having raised a total of $36.6M across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round.

When was the latest funding round of Cove.tool?

Cove.tool's latest funding was a $***** Series B round on Dec 17, 2021, with participation from 5 investors.

Where does Cove.tool rank among its competitors?

Cove.tool ranks 6th amongst 183 active competitors, of which 17 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Adaptis, which secured $4M in Apr, 2025.

Who are the top competitors of Cove.tool?

Cove.tool's top competitors include Dassault Systems, Firmus and 3D Modeling App. Among them, Adaptis secured the most recent funding round in April, 2025.

Cove.tool - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cove Tool is an AI and web-based building design platform for AEC professionals. Features include design analysis, energy analysis, time management, cost & carbon emission management, automated reporting, project management, and more.

Website: cove.tools
Social
Email ID: *****@covetool.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

Atlanta, United States

Stage

Series B

Total Funding

$36.6M in 5 rounds

Latest Funding Round

Series B, Dec 17, 2021, $*****

Investors

Coatue & 6 more

Ranked

6^th among 183 active competitors

Employee Count

48 as on May 31, 2026

Similar Companies

Dassault Systems & 103 more

View Cove.tool's full profile

Cove.tool is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COVETOOL INC CIN: 814948821 , United States, Active	Dec 31, 1999	-	43 (As on Dec 31, 2024)	-

Cove.tool has raised a total funding of $36.6M over 5 rounds. Its latest funding round was a Series B round on Dec 17, 2021 for $*****. 5 investors participated in its latest round. Cove.tool has 7 institutional investors.

Here is the list of recent funding rounds of Cove.tool:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 17, 2021	3159023	Series B	3542845	4844325	6187557	2075360
Oct 14, 2020	4831066	Series A	5818686	8703300	8923086	Knoll Ventures & 2 more
Jun 06, 2019	4067451	Seed	7013316	1081512	URBAN-X	5019326

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View details of Cove.tool's funding rounds and investors

The founders of Cove.tool are Sandeep Ahuja, Daniel Chopson and Patrick Chopson.

Here are the details of Cove.tool's key team members:

Sandeep Ahuja: Co-Founder of Cove.tool and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Daniel Chopson: Co-Founder of Cove.tool and founder of 1 other company.
Contact Info: 2 email addresses
Patrick Chopson: Co-Founder, Chief Product Officer of Cove.tool.

View details of Cove.tool's Founder profiles and Board Members

Cove.tool's employee count trend

Cove.tool has 48 employees as of May 26. Here is Cove.tool's employee count trend over the years:

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Top competitors of Cove.tool include Dassault Systems, Firmus and 3D Modeling App. Here is the list of Top 10 competitors of Cove.tool, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Dassault Systems 1981, Velizy Villacoublay (France), Public	Provider of 3D experience platform for virtual twin experiences	-	United States Department of Agriculture, Europa ... & 1 others	65/100
2nd	Firmus 2019, Herzliya (Israel), Acquired	Provider of AI and cloud-based solutions for analyzing construction designs	$150K	URBAN-X, Navitas Capital & 7 others	59/100
3rd	3D Modeling App 2020, Newark (United States), Unfunded	Provider of 3D CAD modelling app for mobile phones	-	-	46/100
4th	Adaptis 2022, Toronto (Canada), Seed	Provider of AI-powered platform for capital planning and asset decarbonization	$11M	Building Ventures, Accelerator Centre & 5 others	45/100
5th	Prisma3D 2018, Stuttgart (Germany), Unfunded	Offers a 3D animation suite for Android	-	-	44/100
6th	Cove.tool 2017, Atlanta (United States), Series B	AI and web-based building design platform for AEC professionals	$36.6M	TechSquare Labs, Coatue & 5 others	44/100
7th	FenestraPro 2012, Dublin (Ireland), Seed	Cloud-based add-in to Revit for designing energy-efficient buildings	$3.1M	Enterprise Ireland, PI LABS & 3 others	43/100
8th	CAD Exchanger 2014, Russia, Unfunded	Provider of toolset to exchange CAD data	-	-	42/100
9th	Cognitive Design Systems 2021, Toulouse (France), Seed	Developer of an AI-based 3D design platform	$2.14M	DAA Capital Partners, SpaceFounders & 1 others	41/100
10th	Bezi 2021, San Francisco (United States), Series A	3D design platform	$13M	Benchmark, Bessemer Venture Partners & 4 others	41/100