Fundraising Fox

Coverbase

San Francisco, US · Delaware corporation · 2 known investors

Find your way into Coverbase

1,170 people in our graph share verified history with the Coverbase team — schools, employers, funds. One of them is your warm intro.

Paul Kwanunlockedknows Clarence Chio · together at Stanford University (overlapped)
×2knows the team · via Stanford University
×7knows the team · via Intel Corporation
knows the team · via SanDisk
knows the team · via O'Reilly Media

Coverbase offers a platform for third-party risk management (TPRM), procurement, and security, using AI-guided automation for supplier intake, due diligence, and continuous monitoring. It targets risk-aware industries such as finance, insurance, fintech, and healthcare, serving procurement leaders, risk officers, and CISOs.

Founders & leadership

CCClarence Chio
Clarence ChioinCofounder & CEOHe previously cofounded Unit21, where he served as CTO and later president from 2018 to 2023, and worked as a senior software engineer at Shape Security. He has taught security and machine learning as an adjunct professor at UC Berkeley since 2019 and is an author with O'Reilly Media.
ZC
Zi Chong KaoSecretary and Director
KZKao ZC
Kao ZCinCo-Founder
WF
Walker ForehandNamed on SEC filing

Investors · 2

Reported raises · per SEC filings

Form D private placements

$16.3M disclosed across 1 round · 2025

$16.3MraisedAug 2026 · 39 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Clarence ChioExecutive Officer, Director
  • Zi Chong KaoExecutive Officer, Director
  • Walker ForehandDirector
Offering amount
$16.3M
Amount sold
$16.3M
First sale
Oct 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 10

by search overlap
Quickbase45 shared keywordsQuickbase + FastField provide field service management software that captures field data in real time and syncs it to an office-based operational control system. The solution combines mobile field capture with real-time visibility, work order management, safety tracking, and asset management for asset-heavy, compliance-driven industries including construction, utilities, manufacturing, and healthcare.
Staffbase41 shared keywordsStaffbase offers an AI-powered employee communications and experience platform that lets enterprises target and orchestrate internal communications, run an intranet and employee hub, support frontline workers, and deliver knowledge and services across channels. It serves large enterprises, including desk-based, frontline, and distributed workforces, and integrates with tools such as Microsoft 365, ServiceNow, and Workday.</parameter> <parameter name="founders">[]
Browserbase39 shared keywordsBrowserbase provides a browser automation platform that enables AI agents to interact with websites reliably, handling authentication, navigation, and complex actions to automate web-based workflows and data collection.
Backbase35 shared keywordsBackbase develops an AI-native Banking OS, a digital banking engagement platform that unifies customer, employee, and AI-agent interactions for financial institutions across retail, SMB, commercial, private banking, and wealth management. The platform is used by more than 120 banks to build and run their frontline banking operations.
Firstbase.io34 shared keywordsFirstbase builds an all-in-one business operations platform that automates back office tasks for founders globally, including company incorporation, management, and growth services.
Couchbase34 shared keywordsCouchbase is a NoSQL distributed JSON document database company offering Couchbase Server, Capella DBaaS and mobile/edge products.
Demandbase30 shared keywordsDemandbase provides an AI-powered B2B intelligence platform that integrates go-to-market data, tools, and execution across the GTM ecosystem. The platform connects account intelligence, buying group data, and intent signals to help B2B teams plan, execute, and optimize their sales and marketing strategies.
FirstBase27 shared keywordsFirstbase provides IT teams with a platform to manage the physical lifecycle of employee equipment, covering procurement, shipping, retrieval, storage, and disposal of devices during onboarding and offboarding. It offers IT asset management with centralized tracking, compliance documentation, and integrations with HRIS, IdP, MDM, and ITSM tools, operating regional warehouses across major markets.
Landbase27 shared keywordsLandbase provides an AI-agent platform for B2B revenue teams that finds, qualifies, scores, and enriches best-fit target accounts using company data, web data, and buying signals. It automates account targeting, qualification, and contact enrichment as an alternative to sales prospecting tools like Apollo and Clay.
Coinbase23 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.

Companies competing with Coverbase for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Coverbase do?
Coverbase offers a platform for third-party risk management (TPRM), procurement, and security, using AI-guided automation for supplier intake, due diligence, and continuous monitoring. It targets risk-aware industries such as finance, insurance, fintech, and healthcare, serving procurement leaders, risk officers, and CISOs.
Who founded Coverbase?
Coverbase was founded by Clarence Chio, Zi Chong Kao, Kao ZC.
Who are Coverbase's investors?
Coverbase's investors include Fika, Canapi Ventures.
How much funding has Coverbase raised?
Coverbase has disclosed $16.3M raised across 1 round.
Where is Coverbase headquartered?
Coverbase is headquartered in San Francisco, US.