Tech Company Financing Transactions

Covestor Funding Round

On 6/13/2013, Covestor raised $12.8 million in Series B financing from Amadeus Capital, Bay Partners and Spark Capital.

Transaction Overview

Company Name
Announced On
6/13/2013
Transaction Type
Venture Equity
Amount
$12,750,000
Round
Series B
Investors

Amadeus Capital (Anne Glover)

Bay Partners

Spark Capital (Todd Dagres)

Union Square Ventures (Albert Weng)

Proceeds Purpose
Covestor will use the proceeds to accelerate its growth and continue its mission of providing investors with access to alpha-focused portfolio managers in an online marketplace.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
175 Federal St. 825
Boston, MA 02110
USA
Email Address
Overview
Covestor is a real-trade sharing service for proven self-investors, a place to share your real investment decisions, gain recognition and earn fees by helping others and where all data is private, normalized and anonymous, and membership is free.
Profile
Covestor LinkedIn Company Profile
Social Media
Covestor Company Twitter Account
Company News
Covestor News
Facebook
Covestor on Facebook
YouTube
Covestor on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Asheesh Advani
  Asheesh Advani LinkedIn Profile  Asheesh Advani Twitter Account  Asheesh Advani News  Asheesh Advani on Facebook
Chief Marketing Officer
Steven Holstein
  Steven Holstein LinkedIn Profile  Steven Holstein Twitter Account  Steven Holstein News  Steven Holstein on Facebook
Chief Operating Officer
Tom Dorsky
  Tom Dorsky LinkedIn Profile  Tom Dorsky Twitter Account  Tom Dorsky News  Tom Dorsky on Facebook
Chief Technical Officer
Bimal Shah
  Bimal Shah LinkedIn Profile  Bimal Shah Twitter Account  Bimal Shah News  Bimal Shah on Facebook
VP - Product Management
Martin Eriksson
  Martin Eriksson LinkedIn Profile  Martin Eriksson Twitter Account  Martin Eriksson News  Martin Eriksson on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/13/2013: Acutus Medical venture capital transaction
Next: 6/13/2013: StratusLIVE venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on every notable VC transaction. VC investment data records on this site are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary