Koverly: Funding, Investors & Team (Oct 2026)
Koverly is a technology company in the financial industry that specializes in assisting businesses in handling their online B2B payments and receivables.
Koverly has raised $26.6M across 2 funding rounds on record, the most recent an undisclosed round of $19.0M announced in Jul 2025.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Koverly Company Profile and Key Stats
Latest funding round on record: Jul 2025.
Koverly Funding Rounds
Koverly raised $7.6M in a Seed announced in Aug 2023.
1.9 years later, an undisclosed round of $19.0M was announced in Jul 2025.
Koverly Founders and Leadership Team
No contact details are on record for this team yet.
Koverly Funding Compared to Other Financial Services Startups
Koverly's latest round of $19.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Koverly Funding FAQs
What does Koverly do?
Koverly is a technology company in the financial industry that specializes in assisting businesses in handling their online B2B payments and receivables.
How much funding has Koverly raised?
Koverly has raised $26.6M across 2 rounds on record. The most recent is an undisclosed round of $19.0M announced in Jul 2025.
When did Koverly last raise funding?
Koverly's most recent funding round on record is an undisclosed round of $19.0M, announced in Jul 2025.
Who founded Koverly?
FundedIQ lists Michail Medvinsky (Founder) at Koverly.
Where is Koverly headquartered?
Koverly is based in Waltham, Massachusetts, United States.
How many employees does Koverly have?
Koverly is in the 11-50 employee band.
How does Koverly's funding compare to other Financial Services startups?
Koverly's latest round of $19.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.
About FundedIQ's Koverly Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Koverly is left off this page rather than filled in.
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