Who founded Coverbase?

Coverbase was founded by Clarence Chio, Zi Chong Kao.

Who are Coverbase's investors?

Coverbase's investors include Fika.

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.

Coverbase

San Francisco, US · Delaware corporation · 1 known investors

coverbase.com ↗

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.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Founders & leadership

Clarence ChioPresident, CEO, and Director

Zi Chong KaoSecretary and Director

Walker ForehandNamed on SEC filing

Investors · 1

FikaCulver City · $1M – $10M

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 offers a no-code/low-code platform for building connected applications that automate manual processes, manage projects, resources, and workflows, and link office and field teams. It targets operations teams looking to replace spreadsheets and disconnected systems with custom apps.

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 provides a unified banking platform that connects digital channels, front office, and operations for banks, combining customers, employees, and AI agents on a shared data model and execution engine. It targets banks looking to replace fragmented systems across onboarding, servicing, and dispute handling.

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.

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.

homebase22 shared keywordsHomebase is a management platform for small businesses that includes team messaging, scheduling, shift tracking, onboarding, and payroll features. It serves restaurants, retail, and other hourly-wage businesses with tools for employee communication, scheduling, and performance tracking.

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

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.
Who are Coverbase's investors?: Coverbase's investors include Fika.
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.