Kovari

Kovari

Secure, local-encryption, multi-sign crypto wallet

Overview

Kovari is an online, secure multi-sign crypto wallet that supports BTC, BTC-derived currencies and EOS, with ETH and tokens coming soon. It keeps your password and private keys private by performing all encryption on-device in your browser, while offering a convenient web interface and an API for integration. This makes sending, receiving, and managing crypto straightforward through either a browser UI or programmatic access, without ever exposing sensitive credentials to Kovari. Compared to competitors, Kovari emphasizes client-side encryption and non-exposure of private keys, along with multi-signature functionality and support for a specific set of major blockchains. The company’s goal is to provide a safe, easy-to-use wallet that can be accessed via web or API, enabling secure crypto management and seamless integration into existing systems.

About Kovari

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

Industries

Robotics & Automation

Industrial & Manufacturing

Company Size

1-10

Company Stage

N/A

Total Funding

N/A

Headquarters

Tallinn, Estonia

Founded

2019

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Simplify's Take

What believers are saying

  • Raised over $6M for deployment and product iteration.
  • Hospitality robotics can absorb physical, repetitive work in hotels.
  • Live-environment deployment creates demand for monitoring and site-integration tooling.

What critics are saying

  • Hardware deployments can stall if pilots fail or unit economics break.
  • Thin funding leaves little margin for manufacturing delays or rework.
  • Small team concentration makes one founder loss highly disruptive.

What makes Kovari unique

  • Builds general-purpose robots for hospitality and facility cleaning.
  • Targets the last-mile deployment problem in real business environments.
  • Operates from San Francisco with a 2-10 person in-person team.

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