Coincover

Coincover provides digital asset protection and recovery services for cryptocurrency holders.

Cardiff, UK—Founded 2018—Website

£32.4MTotal raised

Coincover provides digital asset protection technology designed to safeguard cryptocurrency holdings against theft, hacking, and human error. The company serves over 300 businesses by removing single points of failure in digital asset storage.

Founders

David Janczewski

CEO and co-founder

David co-founded Coincover and Digital Asset Services, having previously held senior roles at The Royal Mint including director of new business ventures.

Adam Smith

CTO and co-founder

Investors

9 February 2023
£24.7M
FC
Foundation CapitalLead
Seed8 July 2021
£6.7M
EV
Element VenturesLead
DV
DRW Venture Capital
CD
CMT Digital
AV
Avon Ventures
VE
Valor Equity Partners
FC
FinTech Collective
SP
Susquehanna Private Equity Investments, LLLP
VC
Volt Capital
IG
Insurtech Gateway Fund
The Development Bank of Wales
Seed14 July 2020
£1.0M
Insurtech GatewayLead
Development Bank of Wales
WA
Wales Angel Co-investment Fund

Funding history

9 February 2023

£24.7M

Coincover secures £24.7m led by Foundation Capital to expand digital asset protection

Foundation Capital led the investment round, which will fund team expansion and product updates.

Seed8 July 2021

£6.7M

Coincover secures £6.7m Series A investment led by Element Ventures

Element Ventures led the Series A round to support team expansion and product development.

Seed14 July 2020

£1.0M

Coincover secures a seven-figure seed investment led by Insurtech Gateway to fund market expansion.

The seven-figure equity round was led by Insurtech Gateway with backing from the Development Bank of Wales.