Tech Company Financing Transactions
Coverd Funding Round
Coverd, based in New York, secured $7.8 million from Yolo Investments, Andreessen Horowitz and Tusk Ventures.
Transaction Overview
Company Name
Announced On
8/12/2025
Transaction Type
Venture Equity
Amount
$7,800,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Entertainment
Mailing Address
11 Park Pl, 3rd Floor 436
New York, NY 10007
USA
New York, NY 10007
USA
Phone
Website
Email Address
Overview
The future of personal finance is interactive. We disrupt through gamification.???? Coverd offers games of chance for users to risk small against large cash rewards that pays for past and future spendings: from covering credit card bills to funding a dream vacation for as little as $1. After launching through a mobile app and website, Coverd will introduce the Covered credit card with gaming features embedded. Created by problem-solvers with expertise in derivative pricing, high frequency trading, and software engineering from Morgan Stanley, Hudson River Trading, Google, and Meta, Coverd gives everyone a chance to live big.
Management Team
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