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Covasoft

eCommerce & Marketplaces · Denver, United States · Founded 1999

A range of e-business application platforms covering all technical and business elements of e-business infrastructures MoreLess

Cova Software specializes in providing advanced point-of-sale (POS) and digital solutions tailored for the cannabis retail industry. With over 20 years of experience in retail technology, Cova serves cannabis dispensaries by streamlining operations and enhancing customer experiences. The company operates in the emerging cannabis market, offering a suite of software features including quick check-in, queue management, and online ordering capabilities. Cova's business model revolves around subscription-based services, where clients pay for access to its robust and reliable software solutions. Revenue is generated through these subscriptions, as well as additional services such as training and support. The company's target clients are cannabis dispensaries looking to improve operational efficiency and customer satisfaction. Cova's solutions are designed to ensure compliance with industry regulations, making it a trusted partner for cannabis retailers. The company prides itself on its high uptime of 99.9%, ensuring minimal disruptions even during peak hours. By focusing on stability, security, and usability, Cova aims to usher cannabis retailers into a new era of simplicity and efficiency.

Keywords: cannabis, dispensary, POS, digital solutions, retail technology, compliance, queue management, online ordering, customer experience, operational efficiency.

Company overview

Covasoft company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
1999
Headquarters
Denver, United States
Employees
62
Open positions
1
Dealroom signal
41.4
client focusb2btechnologyHardwarebusiness modelMarketplace & ecommercebusiness modelSaaSsectorRetailsectorCannabissectorPoint of SaleindustryEnterprise Software

Valuation & funding

Covasoft funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Mar 2001 $14M $56M Trellis Partners · Techxas Ventures · Austin Ventures · HLM Property Management
SERIES AEquity / VC Apr 2000 $5.3M $21M Austin Ventures · Trellis Partners · AV Labs
SEEDEquity / VC Sep 1999 Trellis Partners · AV Labs
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 62
2025 58
2024 54
2023 60
2022 88
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Covasoft website traffic

Latest recorded traffic for Covasoft is 4K monthly website visits, up 21.2% over the last three months. Covasoft's team grew 6.9% over the past year.

Latest monthly visits4K 3-month web change+21.2% 1-year team growth+6.9%
Monthly website visits75 observations · Oct 2017–Jul 2026
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Hiring

Open positions at Covasoft

Current openings linked to this company in Dealroom.

1 distinct opening shownExplore hiring signals →

Comparisons

Covasoft compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Covasoft's talent

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Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

10 investors on Covasoft's cap table

Sourced from Dealroom's funding and investor records.

Seed 2 investors entered at this stage
Trellis Partners
AV Labs
Series A 3 investors entered at this stage
Austin Ventures
Techxas Ventures
HLM Property Management
Other known 5 additional known investors
FedDev Ontario
Golden Opportunities Fund
Prairies Economic Development Canada
Timia Capital
Waitr Inc.

Global footprint

Where Covasoft has talent and traffic

Workforce by country
2 countries with
team presence
🇨🇦 Canada67.4%
🇺🇸 United States32.6%
2 countries shown

In the news

Latest news about Covasoft

Recent press, funding announcements, and product moves mentioning Covasoft — open to read from the original sources.

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Market sentiment

What the market is saying about Covasoft

An AI-synthesized read of the highest-engagement posts about Covasoft on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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