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A ONE-TIME CITRUS CAPITAL THAT SHIPPED ORANGES AROUND THE WORLD

Covina

34
companies
$646.9M
total raised
B2B, Fintech, Food & Beverage
top industries

The breakdown

34 startups on file in Covina, spanning B2B, Fintech, Food & Beverage, 33 of 34 have disclosed funding, $646.9M combined, 9 at Series A stage, founding dates span 2013-2025.

A bit of history

Real estate investor Joseph Swift Phillips began farming a 2,000-acre tract in 1882, and surveyor Fred Eaton coined the name "Covina" from "cove" and "vine" in 1885 to describe the land. The town incorporated on August 14, 1901, and for the first half of the 20th century its economy ran on citrus, with Covina claiming in 1907 to be the third-largest orange-shipping point in the world. A postwar blight wiped out the groves, and the land was subdivided into the residential neighborhoods that make up the city today.

Series A$7.5M
Uncle Arnie's
Covina, CA · Founded 2019 · 31 employees

Uncle Arnie’s is a California-based brand offering hemp-derived THC-infused beverages and shots in bold; fruity flavors. Designed for a fun; uplifting experience; their products provide a convenient;

Series AFood & Beverage
Series B$79.8M
Monarch Money
Covina, CA · 126 employees

Monarch Money is a subscription-based platform that provides a personal finance program to track expenses.

Series BInvesting
$72.0M
Riser Fitness
Covina, CA · Founded 2013 · 3001 employees

Riser Fitness operates Club Pilates and is dedicated to promoting health and wellness through the practice of Pilates.

Fitness
MatX Inc. hero photo
Series B$119.9M
MatX Inc.
Covina, CA · Founded 2023 · ~11-50 employees

MatX Inc. develops high-throughput chips designed for large language models (LLMs), focusing on achieving the best possible physical performance for frontier labs.

Series BB2B
Doppel Inc. hero photo
Series C$80.1M
Doppel Inc.
Covina, CA · Founded 2022 · ~201-500 employees

Outpace AI-driven attacks. Unify Digital Risk Protection, Human Risk Management, and Email Security to stop digital threats before they scale, empower your teams to lead your defense, and scale your SOC with agentic AI.

Series CB2B
Placer Labs Inc. hero photo
Series B$54.5M
Placer Labs Inc.
Covina, CA

Make smarter real estate decisions and close more deals with Placer.ai's location intelligence and foot traffic insights.

Series BB2B
Counterpart Holdings Inc. hero photo
Series A$50.0M
Counterpart Holdings Inc.
Covina, CA · Founded 2021

Counterpart is the first Agentic Insurance™ system specializing in management and professional liability insurance.

Series AB2B
Transcend Inc. hero photo
Series B$40.0M
Transcend Inc.
Covina, CA · ~11-50 employees

Transcend is the only real-time data governance and decision layer that answers “Can I use this data?” to unblock AI, agentic, and first-party data initiatives.

Series BB2B
Series F$37.7M
Qardio, Inc.
Covina, CA · ~51-200 employees

Qardio is making heart health easier for everyone. Improve your health by tracking your blood pressure, ECG & heart rate, weight, body composition and more.

Series FB2B
Goldfinch Technology Co hero photo
Series B$15.0M
Goldfinch Technology Co
Covina, CA · Founded 2021

Unprecedented onchain exposure to the world's leading institutional grade private credit managers, including Ares, Apollo, and more.

Series BB2B
Recurve Analytics, Inc. hero photo
Series B$12.3M
Recurve Analytics, Inc.
Covina, CA

Recurve helps utilities, implementers, and partners transform customer data into reliable, cost-effective demand-side programs built to perform.

Series BIndustrials
Series A$11.9M
Comparative, Inc.
Covina, CA · Founded 2020

Comparative, Inc. is the legal entity behind DataGPT, a conversational AI data-analytics product founded in 2021 by Arina Curtis and Darren Pegg.

Series AB2B
Speakeasy Development, Inc. hero photo
Series A$11.6M
Speakeasy Development, Inc.
Covina, CA · Founded 2022

The AI control plane for discovering, securing, and governing AI agents, MCP servers, and AI applications across your enterprise.

Series AB2B
Seed$10.2M
Refraction Point, Inc.
Covina, CA

Refraction Point, Inc. is the original incorporated name of LimaCharlie, the SecOps cloud platform founded by Maxime Lamothe-Brassard, who was previously a founding member of Chronicle, Google's cybersecurity venture.

SeedB2B
Seed$9.4M
TINWELL LABS INC.
Covina, CA · Founded 2022

Tinwell Labs is the legal entity behind Era, an AI-powered wealth management platform co-founded by Alex Norcliffe and Lindsay Brady that has raised roughly $9.4M in funding.

SeedB2B
Ezra Climate Inc. hero photo
Seed$7.6M
Ezra Climate Inc.
Covina, CA · Founded 2024

Ezra Climate was founded by Dan Rosen and Dori Rutkevitz, who previously helped scale Mosaic, a solar fintech platform that financed over $15B in projects; Ezra raised an $8M seed round for AI infrastructure serving private capital markets.

SeedB2B
Tactiq Inc. hero photo
Series A$7.3M
Tactiq Inc.
Covina, CA · Founded 2020

Transcribed live. Summarised instantly. Tactiq captures every meeting in real time, so you walk out with notes, action items, and summaries ready. Trusted by 1 million users.

Series AB2B
Cargofy Inc. hero photo
Series A$6.0M
Cargofy Inc.
Covina, CA

AI workers that quote, dispatch, track, and close loads. Phone, email, WhatsApp. 28 languages, 24/7. Runs inside your TMS.

Series AB2B
Seed$3.8M
AlphaLitigation Inc.
Covina, CA · Founded 2023

Operates as AlphaLit, founded by Anand Upadhye; raised a $3.2M seed round with angel investors including CLEAR co-founder Ken Cornick and Jason Boehmig.

SeedB2B
Series A$2.5M
Parrot Technologies, Inc. / DE
Covina, CA · Founded 2020

Parrot imagines, designs and builds more innovative drones every day to offer you the best flying experience.

Series AB2B
Seed$2.1M
Kleverness Inc
Covina, CA

Kleverness Hospitality offers intelligent automation technology that combines style, comfort, and energy efficiency for hotels, buildings, and offices.

SeedB2B
Series A$1.7M
Transit Pro Tech Inc.
Covina, CA · Founded 2023
Series AB2B
OUR SPHERE, INC. hero photo
Series A$1.5M
OUR SPHERE, INC.
Covina, CA · Founded 2021

Sphere 500 Fossil-Free Index. We track the biggest 500 US companies, minus fossil fuel companies and a few others. Our funds vote our shares for climate action.

Series AB2B
$1.1M
Heron Lending LLC
Covina, CA · Founded 2023
Fintech
Try Once, Inc. hero photo
Seed$675K
Try Once, Inc.
Covina, CA · Founded 2021

Once offers an early reading program and curriculum for 3 to 7-year-olds that can be used at school or at home.

SeedB2B
Seed$465K
Store Research Inc.
Covina, CA · ~11-50 employees

Store Research Inc. (formerly Store Labs, now doing business as STORE Cloud) is a decentralized, user-owned cloud computing protocol headquartered in Covina, CA, that has raised $14.4M in funding, per PitchBook.

SeedB2B
Utopic, Inc. hero photo
Seed$210K
Utopic, Inc.
Covina, CA · Founded 2025

Elevate your brand’s story with Utopic

SeedB2B
$110K
Warbler Lending LLC
Covina, CA · Founded 2023
Fintech
Guesty, Inc. hero photo
$70K
Guesty, Inc.
Covina, CA · ~11-50 employees

Guesty is the AI-powered vacation rental software for short-term rental operators, from solo hosts to large portfolios.

B2B
Soar Technologies Inc. hero photo
$40K
Soar Technologies Inc.
Covina, CA · Founded 2024

SoarTech develops intelligent software that reasons like humans to automate complex tasks, simplify human-machine interactions, and model human behaviors, focusing on human-centered and cognitive AI solutions for DoD research and development.

B2B
$23K
Scaleframe Inc.
Covina, CA · Founded 2022
B2B
$17K
CityStructure Group, Inc.
Covina, CA

CityStructure, based in Walnut, CA, was founded by Felicia Nitu and built a real estate 'Development Score' tool for evaluating property development potential; the company has since rebranded as InstaDev.

B2B
$3K
Footprint Ventures Lab, Inc.
Covina, CA

Footprint Ventures Lab, Inc. invents technology at the intersection of data, computing, and decentralization.

B2B
Subsense hero photo
Subsense
Covina, CA

Subsense is building the first NanoBCI, a non-surgical, nanoparticle-based Brain-Computer Interface platform designed to transform the treatment of neurological disorders by uniting the human brain, technology, and AI.

Healthcare