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Coverall

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Coverall a leading commercial cleaning franchise organization in the US

Deerfield Beach, United StatesFounded 1985Fintech
Valuation $250–500M Last recorded · 2006
Headcount 500–1k Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Coverall and the history behind them.

About Coverall

In 1985, a small, three-person company was founded in San Diego with a mission to help people achieve economic independence. This company, Coverall, wasn't built on a new technology, but on a new application of a classic business model: franchising. Instead of selling burgers or coffee, Coverall offered a turnkey business in commercial cleaning. The core idea was simple: provide individuals with the training, brand recognition, and support systems needed to run their own cleaning business. Franchisees get access to Coverall's proprietary methods, like the Health-Based Cleaning System®, and in return, the parent company receives franchise and royalty fees. The model proved effective. Coverall experienced steady growth, expanding across the United States and then internationally. This wasn't a story of venture capital-fueled blitzscaling, but of methodical expansion. The playbook involved selling franchise packages that often included a guaranteed level of initial monthly revenue, which helped new owner-operators get started. Over the years, the company grew to support over 8,000 franchise owners serving more than 50,000 customers. While Coverall itself doesn't clean buildings, it has created a massive network of small business owners who do. The company's journey also included a significant financial event when it was acquired by private equity firm ICV Partners in 2015, marking a new chapter in its long history of building businesses from the ground up.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1985
Headquarters
Deerfield Beach, United States
Employees
989
Open positions
5
Dealroom signal
24.0/100
Industry
Fintech
Sector
Fintech
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Aug 2006 $56M $224M Allied Capital —
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Coverall website traffic

Latest recorded traffic for Coverall is 15K monthly website visits, down 25% over the last three months. Coverall's team declined 0.4% over the past year.

Latest monthly visits15K 3-month web change-25% 1-year team growth-0.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

  • Allied Capital
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 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.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Deerfield Beach HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Coverall on X, ranked by likes and reposts, corporate channels excluded.

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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