FI  Cove Capital

http://www.covecc.com





     Office Locations:

10 Liberty Sq.
Boston, MA 02109
Fax: 617-261-3864

 

Stages:

  • Early
  • Expansion
  • Growth


 

Industries:

  • Consumer Products & Services
  • Financial Services
  • Information Technology
  • Manufacturing & Industrial
  • Retail & Restaurant
  • Software & Internet

  •  

    Description:

    Cove Capital is a private family company serving the needs of branches of a single family with a primary mission to protect and build financial and human capital, as well as facilitate the pursuit of philanthropic objectives. Cove manages both Core (Fixed Income, Public Equity, Hedge Funds, etc.) and Venture exposures for the family, and invests both directly and through funds. Barney Corning is the Partner and Co-founder of Cove Capital, the East Coast family office branch of the Corning family. The family's interests date back to mid-west oil business activity that was acquired by Rockefeller in the creation of Standard Oil. The Cornings have additional offices in Ohio and California. In addition to direct investments Cove takes LP interests in funds, both emerging and established, that can add proven value and will take active role when appropriate. For example, the principal family was a founding investor in Greylock Partners and has taken active hands-on involvement in firms such as Velocity Equity Partners, Corning Partners, Affinity Capital, etc. Ideally company investments are in the early stages of development with revenues in the $3M to $20M range in the areas of financial services, enterprise software, consumer products and services, light manufacturing and technology.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Barney Corning Partner
    Keith D'Agostino President

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      01/28/2021


      Vessel


      CA


      $14,500,000


      Seed


     

    Portfolio companies include:


      Vessel
        web link


     

    Recent News: