# Coverbase

**Source:** https://www.startuphub.ai/startups/coverbase
**Profile type:** Startup

> AI-powered platform for managing and optimizing creative projects and client relationships.

## About

Coverbase provides an agentic third-party risk and security platform that leverages AI to continuously evaluate vendor exposure against your program's controls. Its solutions automate vendor onboarding, assessments, and continuous monitoring, offering insights into vendor environments and contract compliance. Coverbase serves organizations looking to improve their vendor risk management processes and achieve faster, more efficient assessments.

## Key facts

- **Slug:** coverbase
- **Website:** https://www.coverbase.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2021-01-01
- **Employees:** 18
- **Operating status:** Active
- **Total funding:** $18M
- **Sectors / tags:** Creative Operations, Project Management, Client Relationship Management, Fintech, Workflow Automation, Generative AI, AI Agent
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/coverbase

## Frequently asked

### What does Coverbase do?

Coverbase provides an agentic third-party risk and security platform that leverages AI to continuously evaluate vendor exposure against your program's controls. Its solutions automate vendor onboarding, assessments, and continuous monitoring, offering insights into vendor environments and contract compliance. Coverbase serves organizations looking to improve their vendor risk management processes and achieve faster, more efficient assessments.

### What is Coverbase's valuation?

StartupHub estimates Coverbase's effective valuation at $62.6M (range $45.0M to $108.0M, 19% confidence), based on comparable companies in the sector.

### How much funding has Coverbase raised?

Coverbase has raised a total of $18M in funding. The most recent round on record is Series A.

### Where is Coverbase headquartered?

Coverbase is headquartered in Tel Aviv, Israel.

### When was Coverbase founded?

Coverbase was founded in 2021.

### What industry does Coverbase operate in?

Coverbase operates in Creative Operations, Project Management, Client Relationship Management, Fintech, Workflow Automation, Generative AI.

### How many employees does Coverbase have?

Coverbase has approximately 18 people on record.

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