Covey

Covey

AI-driven recruiting with automated screening

Overview

Covey is an AI-native recruiting platform that automates both inbound applicant screening and outbound candidate sourcing. It uses large language models and natural language processing to let recruiting teams define nuanced candidate profiles and have AI bots identify, evaluate, and outreach to potential hires. The system includes a searchable CRM to manage candidate pipelines and track diversity metrics, giving teams visibility into hiring progress. Its pricing targets teams of all sizes and aims to lower time-to-fill and cost-per-hire by handling time-consuming tasks with automation, while emphasizing data-driven decision making.

About Covey

Simplify's Rating
Why Covey is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

1-10

Company Stage

Early VC

Total Funding

$10.4M

Headquarters

Minneapolis, Minnesota

Founded

2017

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Simplify's Take

What believers are saying

  • Raising $10.4M equity with CEO Vijay Mani leading in 2026.
  • Achieved $2.4M annual revenue and $86K per employee efficiency.
  • $3M seed from Portage Ventures and Howard Lindzon in July 2022.

What critics are saying

  • Eightfold AI captures 25% more enterprises, eroding Covey's share in 6-12 months.
  • Paradox reduces time-to-hire by 40%, driving client loss in 12-18 months.
  • EU AI Act fines $5M+ for bias in screening within 18-24 months.

What makes Covey unique

  • Covey Scout uses plain-language AI bots mimicking human candidate evaluation.
  • Integrates generative AI directly into Lever, Greenhouse, and OneReq ATS.
  • Automates outbound sourcing with personalized drip campaigns from millions of profiles.

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Funding

Total Funding

$10.4M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Stock Options

Wellness Program

Gym Membership

Remote Work Options

Hybrid Work Options

Flexible Work Hours

Paid Vacation

Paid Holidays

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Conference Attendance Budget

Professional Development Budget

Mentorship Program

Phone/Internet Stipend

Home Office Stipend

Mental Health Support

Health Savings Account/Flexible Spending Account

Employee Referral Bonus

Relocation Assistance

Adoption Assistance

Tuition Reimbursement

Training Programs

Meal Benefits

Commuter Benefits

Employee Discounts

Company Social Events

Company News

intelligence360
Sep 12th, 2022
San Francisco California based Covey Inc. is raising $10,371,656.00 in New Equity Investment.

San Francisco, CA - According to filings with the U.S. Securities and Exchange Commission, Covey Inc. is raising $10,371,656.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Vijay Mani played

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