Coviance

West Des Moines, IA · Founded 2015 · Privately Held (backing)

Developer of a web-based compliance platform designed to allow credit unions and community banks to improve the lending process. Coviance is based in West Des Moines, IA and was founded in 2015. It has raised $13.3 million across 3 recorded rounds; the latest was a $1 million debt round in Oct 2025.

Last price · $/share
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Implied valuation
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Total raised
$13.3M
Last round
Debt
Oct 2025

Coviance key facts

  • Developer of a web-based compliance platform designed to allow credit unions and community banks to improve the lending process.
  • It has raised $13.3M across 3 recorded rounds; the latest was Debt ($1.0M) in Oct 2025.
  • Notable investors include Next Level Ventures, Financial Plus Credit Union, Ardent Credit Union, Ascentra Credit Union, Collinscu — 9 tracked in total.
  • Coviance has filed 4 Form Ds with the SEC since 2024, most recently Nov 2025 ($1.0M sold to 1 investors).
  • Status: Privately Held (backing).
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Coviance funding rounds

3 rounds
Oct 2025Debt$1.0MSEC filing▮
Jun 2024Seed Round$1.0MSEC filing▮
Mar 2024Seed Round$1.0MSEC filing▮

How much has Coviance raised?

Coviance has raised $13.3 million in total; 3 of its rounds are on record, from 2024 on. The largest on record was a $1 million seed round in Mar 2024; the most recent was a $1 million debt round in Oct 2025.

Coviance has filed 4 Form Ds with the SEC since 2024, most recently in Nov 2025 ($1 million sold to 1 investor).

Coviance investors

9 investors are on record for Coviance, including Next Level Ventures, Financial Plus Credit Union, Ardent Credit Union and Ascentra Credit Union. The debt round in Oct 2025 drew 1 investor.

About Coviance

Developer of a web-based compliance platform designed to allow credit unions and community banks to improve the lending process. The company's platform provides instant and traditional services combined with national coverage and technology to streamline the lending process and shorten the financial loan cycle, enabling users to digitize the lending cycle with fast, accurate, and easy reporting.

Sector
Information Technology
HQ
West Des Moines, IA, United States
Founded
2015
Employees
75
Ownership
Privately Held (backing)

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Valuation — not yet priced

Coviance doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.

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