About Coventure
Coventure is a venture capital firm founded in 2014. It is primarily based out of Miami, United States. As of Jul 2024, Coventure has invested in 36 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Enterprise Applications. Most recently it participated in the $***** Conventional Debt round of Digitt Overall, Coventure portfolio has seen 2 unicorns and 6 acquisitions including key companies like Tabby, KidPass and Spotter. A lot of funds co-invest with Coventure, with names like Crossbeam sharing a substantial percentage of its portfolio. Coventure has team of 14 people including 9 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Conventional Debt & 4 more
Portfolio Acquisitions
Portfolio Soonicorns
Coventure's List of Top Investments
Coventure has a portfolio of 36 companies, including 2 unicorns. Their most notable investments are in Love Stories TV and KidPass.Their portfolio spans across United States, India, Mexico and 4 more locations. They have invested in Retail, Consumer, Enterprise Applications and 16 other sectors, across stages such as Seed, Conventional Debt and 4 more. Here is the list of top investments by Coventure:
1. Tabby
Provider of purchase financing solutions for businesses. The platform enables users to purchase from multiple online stores and allows to repay the amount in equal installments. It offers a credit card offering buy now pay later loans with installment-based repayment options. It allows users to split purchases into four interest-free payments, both online and in-store. The platform also offers shopping assistant that lets users discover and track products, brands and deals in the application.
Key facts about Tabby
- Founded Year: 2019
- Location: Dubai (United Arab Emirates)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $604M
- Employee Count: 173 as on Jul 01, 2024
- Investors: Wellington, Mubadala and 28 Others
- Latest Funding Round: Series E, Feb 12, 2025, $*****
- Highlight: Editors' Pick
2. TruckSmarter
Cloud based transport management platform. It enables users to compare, bid, and book the loads via the online platform. The platform allows users to set the preference for trailer type, rate, location, and brokerage. It allows users to evaluate the profitability of the loads.
Key facts about TruckSmarter
- Founded Year: 2021
- Location: San Francisco (United States)
- Stage: Series B
- Total Funding till date: $60M
- Employee Count: 52 as on Dec 31, 2024
- Investors: Founders Fund, Bain Capital Ventures and 12 Others
- Latest Funding Round: Series B, Sep 08, 2025, $*****
- Highlight: Editors' Pick
3. ProducePay
Provider of financial and supply chain solutions for the produce industry. It offers capital, strategic sourcing, and end-to-end visibility. The company provides working capital to scale operations. It also facilitates connections between buyers and sellers. The platform enables real-time data access for informed decision making.
Key facts about ProducePay
- Founded Year: 2014
- Location: Los Angeles (United States)
- Stage: Series D
- Total Funding till date: $104M
- Employee Count: 174 as on Jul 01, 2024
- Investors: G2VP, Arena Ventures and 34 Others
- Latest Funding Round: Series D, Feb 05, 2024, $*****
- Highlight: Editors' Pick
4. Benitago
{}
Key facts about Benitago
- Founded Year: 2016
- Location: New York City (United States)
- Annual Revenue: £11M as on Dec 31, 2023
- Stage: Series A
- Total Funding till date: $382M
- Employee Count: 80 as on Jul 01, 2024
- Investors: HSBC, Coventure and 1 Other
- Latest Funding Round: Conventional Debt, Nov 22, 2021, $*****
- Highlight: Editors' Pick
5. THREECOLTS
Provider of operation management software solutions for e-commerce businesses. The solutions include real-time alerts, inventory management, stock updates & management, customer management & support, ratings & feedback management for more conversion, Amazon listing, recovery management for misplaced inventory & return fees, and algorithmic tools for financial operations.
Key facts about THREECOLTS
- Founded Year: 2021
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $90M
- Employee Count: 18 as on Jul 01, 2024
- Investors: Coventure, Crossbeam and 3 Others
- Latest Funding Round: Series A, Mar 07, 2023, $*****
- Highlight: Editors' Pick
Coventure's Year-on-Year Investment Trends
Coventure has invested in 36 companies over the last 10 years, with an average of 3 new investments annually in the last 10 years. Its most recent first time investment was in Digitt and most recent follow-on round was in Wonder BrandsN8.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 3 | 0 | 3 |
2023 | 3 | 1 | 4 |
2022 | 5 | 0 | 5 |
2021 | 5 | 4 | 9 |
2020 | 2 | 0 | 2 |
2019 | 2 | 2 | 4 |
2018 | 3 | 1 | 4 |
2017 | 4 | 4 | 8 |
Coventure's Investments by Stage
Coventure has made 12 investments in Seed stage with an average round size of $8.67M, 9 investments in Conventional Debt stage with an average round size of $111M and 6 investments in Series A stage with an average round size of $65.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 12 |
Conventional Debt | 9 |
Series A | 6 |
Series B | 1 |
Series C | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Coventure's Investments by Sector
Coventure has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, FinTech and Financial Services. Notably, it has invested in 30 Tech companies, 21 Enterprise (B2B) companies, 16 Consumer (B2C) companies and at least 13 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 13 |
Retail | 12 |
Enterprise Applications | 11 |
FinTech | 9 |
Financial Services | 6 |
Others | 21 |
Note: We have considered here, only first round of investments
Coventure's Investments by Geography
Coventure has made most investments in United States (23), followed by Mexico where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 23 |
Mexico | 2 |
United Kingdom | 2 |
India | 1 |
Saudi Arabia | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Coventure's recent investments
Coventure has not made any investment in 2026 so far.Here are the most recent investments by Coventure:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 24, 2024 | Mexico | Conventional Debt | 3903 | - | |
Jul 15, 2024 | United States | Conventional Debt | 2833 | - | |
Jul 02, 2024 | Spain | Conventional Debt | 5324 | ||
Aug 17, 2023 | Mexico | Series A | 2363 | IDB Invest [+6] | |
May 31, 2023 | United Arab Emirates | Conventional Debt | 9606 | Partners For Growth [+1] |
Unicorns in Coventure's Portfolio
Coventure has 2 unicorns in its portfolio - Tabby and Spotter. The most recent unicorn in their portfolio is Tabby. It became a unicorn in 2023.Here is a list of unicorns in Coventure's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Provider of purchase financing solutions for businesses | 2019 | Dubai | Series E | kyzjewz | ||
56 | Provider of capital and resources for content creators and brands | 2019 | Los Angeles | Series D | skdyalp |