Cove Fund

At Cove Fund, we believe in the power of the entrepreneur. First and foremost, we invest in great founding teams. Every startup goes through ups and downs, but great teams figure out the path to success no matter what the obstacles. We believe in our Members (investors) and engage them in our process. Their collective expertise, experience, and networks make us better investors and stronger partners for our portfolio companies. We believe in the Southern California startup ecosystem, the quality of its entrepreneurs and its world-class universities. Cove Fund was built on the premise that the region has the talent, technology, and infrastructure to provide unlimited opportunities for both entrepreneurs and investors for decades to come. Investment Guidelines Cove Fund invests in seed-stage companies in the vibrant Southern California startup ecosystem. Additionally, because of our close ties to the University of California, we may invest in startups elsewhere in the state that are affiliated with the UC system. We are a generalist fund that invests in both technology and life sciences. We take a bottom-up approach, assessing each investment opportunity on its own merit as opposed to focusing on certain sectors or macro trends. We look for opportunities in which a strong leadership team is in place to guide development of the core technology, product and/or service, and to build the organization needed to realize the company's market potential. The core technology must offer substantial and sustainable differentiation and barriers to entry and must solve important problems in large markets. We invest in both pre-revenue and early-revenue companies, but at a minimum there must be a proof of concept and evidence of product-market fit.