Diligence memo · auto-generated · as of July 3, 2026
CoveKombucha Inc.
CoveKombucha Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
CoveKombucha Inc. operates in Retailing, based in HALIFAX.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
CoveKombucha Inc. has raised $301K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $301K on 2019-08-30.
Most recent recorded round closed around 2019-08-30.
Valuation (modeled)modeled
Provath models CoveKombucha Inc. at approximately $2.4M (range $180K–$27M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.06× the median modeled value of Pre-Seed Retailing companies in 2019–2021 (211 peers) — value vs value, same stage and era. Within the normal band (106% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 6.8 yr ago; this sector typically re-raises about every 13 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 19% of Retailing peers (2347 compared).
Modeled value ranks above 31% of those peers.
Closest niche peers: Liberated Specialty Foods, Inc., Raybae Holdings, Llc., American Flower, Llc, 1620 Workwear, Inc., Haute Hijab, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.