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Ten Coves Capital

North America, Connecticut, United States, Darien

Description

Ten Coves Capital is a private equity firm with a focus on investments in high-growth FinTech companies.

Investor Profile

Ten Coves Capital has backed more than 19 startups, with 4 new investments in the last 12 months alone. The firm has led 13 rounds, about 68% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series B, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Canada, United Kingdom.
  • Strong thematic focus on Software, Financial Services, FinTech.
  • Led 2 rounds in the past year.

Stage Focus

  • Series C (37%)
  • Series B (37%)
  • Series Unknown (11%)
  • Debt Financing (5%)
  • Private Equity (5%)
  • Series A (5%)

Country Focus

  • United States (53%)
  • Canada (32%)
  • United Kingdom (11%)
  • New Zealand (5%)

Industry Focus

  • Software
  • Financial Services
  • Fintech
  • Saas
  • Billing
  • Payments
  • Project Management
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Accounting
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Ten Coves Capital frequently co-invest with?

Ankona Capital Partners
North America, California, United States, Newport Beach
Co-Investments: 3
TC
North America, California, United States, Portola Valley
Co-Investments: 3
Mosaik Partners
North America, California, United States, San Francisco
Co-Investments: 3
NewView Capital
North America, California, United States, Burlingame
Co-Investments: 2
Royal Bank of Canada
North America, Ontario, Canada, Toronto
Co-Investments: 2
HarbourVest Partners
North America, Massachusetts, United States, Boston
Co-Investments: 2
Enlightened Hospitality Investments
North America, New York, United States, New York
Co-Investments: 2
Pelion Venture Partners
North America, Utah, United States, Salt Lake City
Co-Investments: 3
Centana Growth Partners
North America, California, United States, Palo Alto
Co-Investments: 2
CIBC Innovation Banking
North America, Ontario, Canada, Toronto
Co-Investments: 2

Which angels does Ten Coves Capital often collaborate with?

TW
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Ten Coves Capital?

BetterComp

Alamo, California, United States

BetterComp provides the modern compensation market pricing solutions designed to help companies get through market pricing at scale.

Information TechnologySoftware
Series AJul 21, 2025
Amount Raised: $33,000,000
Projectworks

Wellington, Wellington, New Zealand

Projectworks is professional services software that’s easy to use, connects with your ecosystem, and gives you time back.

Business DevelopmentManagement ConsultingProject ManagementSaaSSoftware
Series AJun 3, 2025
Amount Raised: $12,000,000
Canopy

Draper, Utah, United States

Canopy offers a cloud-based Practice Management solution for Accounting professionals.

AccountingBillingCRMDocument ManagementPaymentsProject ManagementSoftware
Series CApr 23, 2025
Amount Raised: $70,000,000
Blue J

Toronto, Ontario, Canada

Blue J is an intelligent diagramming and AI-powered research platform.

Artificial Intelligence (AI)LegalLegal TechMachine LearningProfessional Services
Series CDec 17, 2024
Boosted.ai

Toronto, Ontario, Canada

Boosted.ai is an artificial intelligence company that automates investment management processes for the global financial industry.

Artificial Intelligence (AI)Financial ServicesFinTechMachine LearningWealth Management
Series UnknownNov 25, 2024
Amount Raised: $15,000,000
Canopy

Draper, Utah, United States

Canopy offers a cloud-based Practice Management solution for Accounting professionals.

AccountingBillingCRMDocument ManagementPaymentsProject ManagementSoftware
Series CMay 8, 2024
Amount Raised: $35,000,000
Procurify

Vancouver, British Columbia, Canada

Procurify provides a real-time spend management platform to monitor business spend.

Cloud ComputingEnterprise SoftwareFinTechProcurementSaaSSoftwareSupply Chain Management
Series COct 17, 2023
Amount Raised: $50,000,000
Inbox Health

New Haven, Connecticut, United States

Inbox Health is a digital healthcare company that designs a tool to automate bills and give patients additional insights into their charges.

BillingHealth CarePaymentsSoftware
Series BMay 4, 2023
Amount Raised: $22,500,000
MarginEdge

Fairfax, Virginia, United States

MarginEdge develops food and beverage tracking and analytics.

AnalyticsFood and BeverageSoftware
Series CDec 7, 2022
Amount Raised: $45,000,000
SteelEye

London, England, United Kingdom

SteelEye develops a holistic compliance platform for record keeping, surveillance, and intelligent insights.

AnalyticsFinancial ServicesFinTechInformation Technology
Series BSep 8, 2022
Amount Raised: $21,000,000