Total Funding
88
77
Total FundingSeries A raised
Growth Score
-7 pts
Heat Score
9 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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1022
Coverbase is an AI-native procurement platform that automates vendor intake, risk, and contracts to streamline purchasing securely.
- Clarence Chio: Co-Founder and CEOPast Role: Unit21, President, CTO and Co-Founder
- Gus Cuddy: Founding Frontend Engineer
About the Company
Coverbase provides an AI-native procurement and third-party risk management platform. It helps enterprises automate vendor onboarding by collecting documents and answers through intelligent agents, reducing manual back-and-forth. Its system supports risk assessment by validating controls, comparing questionnaires, and tracking exceptions across
information security, privacy, compliance, and legal. Coverbase also centralizes contract management by extracting key clauses from agreements and monitoring vendor obligations. Finally, it offers continuous supplier monitoring by aggregating internal and external data feeds to surface emerging risks in real time.
Southeast Asian Founded
Southeast Asian Led
