Cove, a commercial real estate (CRE) technology company known for its unified property operations and tenant experience platform, has announced a significant growth investment from Lead Edge Capital. This new round of funding follows closely on the heels of previous strategic investments from Nuveen Real Estate in 2024 and Blackstone Innovations Investments in 2022, underscoring continued confidence in Cove’s approach to reshaping how buildings are managed and experienced.
The fresh capital will be used to further develop and scale Cove’s all-in-one software platform, which serves property managers, landlords, engineers, and other stakeholders across a wide range of property types—including office buildings, life science campuses, retail centers, industrial spaces, and medical facilities. By integrating communications, task management, and real-time operational insights into a single interface, Cove helps reduce reliance on multiple tools, enabling greater efficiency, cost reduction, and a more seamless tenant experience.
Lead Edge Capital Managing Partner Nimay Mehta praised Cove’s ability to make complex operations simple and impactful, highlighting the firm’s intent to help accelerate the company’s growth by tapping into their robust investor network. This partnership is expected to reinforce Cove’s leadership in system consolidation and operational technology for CRE.
According to Cove’s CEO and co-founder Adam Segal, the investment will empower the company to continue expanding its capabilities and support real estate owners and operators in navigating industry-wide changes such as hybrid work trends, evolving tenant demands, and mounting operational costs. Cove’s platform already powers major properties like Chicago’s Willis Tower, the largest multi-tenant office building in the Western Hemisphere, and boasts a loyal, high-retention client base.
The investment also aligns with Lead Edge Capital’s broader portfolio in real estate technology, which includes companies like ButterflyMX, Compass, and Knock, further solidifying their commitment to supporting innovation in the sector.
