Locations

COVINGTON

Private financing in COVINGTON, aggregated from public sources.

$80.2M
Capital raised
17
Companies
22
Rounds
2009
First on record
2025-12-23
Latest round

Steady COVINGTON drew $14.0M over the last 12 months, up 18% versus the prior 12 ($11.9M). Of 15 companies rankable against same-niche peers, 40% model over-valued and 27% under-valued.

Capital flow over time

Quarterly capital raised in COVINGTON.

2009-Q2 · $500K2009-Q22009-Q4 · $100K2010-Q1 · $1.0M2010-Q12012-Q4 · $30.0M2013-Q4 · $10.0M2013-Q42014-Q1 · $150K2014-Q3 · $530K2014-Q32016-Q1 · $805K2016-Q2 · $117K2016-Q22017-Q3 · $750K2020-Q3 · $916K2020-Q32021-Q1 · $4.6M2021-Q2 · $800K2021-Q22022-Q2 · $1.7M2023-Q2 · $300K2023-Q22024-Q2 · $2.0M2024-Q4 · $8.0M2024-Q42025-Q1 · $3.9M2025-Q4 · $14.0M2025-Q4
Sector mix
SectorCompaniesRoundsCapital
Telecommunications11$30.0M
HR / Worktech12$21.5M
Lodging and Conventions22$10.9M
Other Technology45$7.6M
Other24$7.2M
Business Services23$1.7M
Investment Vehicle11$500K
Computers11$300K
Top-funded companies
CompanySectorRaisedModeled value
Globalstar, Inc.Telecommunications$30.0M$577.3M
eGateway Capital, LLCOther Technology$4.6M$97.2M
Northeastern Ohio Hotel Energy Fund, LLCLodging and Conventions$10.0M$46.8M
Definity Workforce Solutions, Inc.HR / Worktech$21.5M$41.4M
GlobalPac Alliance, LCABusiness Services$750K$23.7M
3Dlt, LlcOther Technology$530K$22.5M
United eSystems, Inc.Other$1.0M$18.9M
Valley Forge Composite Technologies, Inc.Other Technology$500K$12.7M
Wendal Inc.Other$6.2M$11.7M
Builder Backed, Inc.Other Technology$2.0M$11.2M
Hg-Hw2 Okc, LpLodging and Conventions$916K$6.2M
Lagniappe Health Care Investments, L.L.C.Other Health Care$150K$4.6M
Wyzerr, Inc.Business Services$922K$3.7M
Therapeutic Monitoring Services L.L.C.Other Health Care$100K$3.1M
PCD Network Solutions, Inc.Computers$300K$3.1M
eGateway Capital Growth Partners B, LLCInvestment Vehicle$500K$1.6M
Woodland Biomass Innovations, Inc.Other Energy$268K$745K
Other locations
SAN FRANCISCO$186.3BNEW YORK$184.6BBOSTON$44.5BNew York$39.7BAUSTIN$29.3BCHICAGO$28.9BLOS ANGELES$27.7BCAMBRIDGE$24.7B

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Frequently asked
How much venture funding have companies in COVINGTON raised?
Companies based in COVINGTON have raised approximately $80.2M across 22 recorded financing rounds among 17 companies, aggregated from public sources.
Is startup funding in COVINGTON growing?
COVINGTON funding is currently steady: capital raised over the last 12 months was up 18% versus the prior 12 months.
What sectors are most active in COVINGTON?
The most active sectors in COVINGTON by recorded financing are Telecommunications, HR / Worktech, Lodging and Conventions, Other Technology. See the sector mix table for company and round counts.
Which are the most-funded companies in COVINGTON?
The most-funded COVINGTON companies in our coverage include Globalstar, Inc., eGateway Capital, LLC, Northeastern Ohio Hotel Energy Fund, LLC, Definity Workforce Solutions, Inc., GlobalPac Alliance, LCA. See the ranked table for disclosed capital and modeled valuations.