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CoverManager is a technology company.
CoverManager delivers a platform specializing in reservation and event management for the hospitality sector. Its core offerings include a digital reservation book, an AI-powered virtual assistant for phone bookings, and integrated solutions for online payments, event ticketing, and virtual queuing. The platform streamlines operations and enhances engagement for diverse venues.
Founded in 2018 by Anxo Coterillo, Pol Domingo, Iñaki Morton, and Vicent Guasch as CoverExperiences, their vision was to digitize the leisure sector. They replaced manual processes with software for event promotion, ticket sales, and customer relationship management, eventually becoming CoverManager.
CoverManager serves diverse hospitality businesses: restaurants, nightlife, large event organizers, and hotel F&B departments. Its mission focuses on robust CRM and operational tools, optimizing customer relationships, improving efficiency, and boosting client profitability, advancing industry technology.
CoverManager has raised $56.0M across 2 funding rounds.
CoverManager has raised $56.0M in total across 2 funding rounds.
CoverManager has raised $56.0M in total across 2 funding rounds.
CoverManager's investors include Per Roman, Felix Ruiz Hernandez, Paco Ávila Romero, Fernando Martinez, Javier Gutierrez.
CoverManager is a SaaS platform that provides a white-label booking engine for restaurants, beach clubs, pubs, and hotels in the hospitality industry, enabling seamless management of reservations across channels while building customer databases.[1][2][3][5] It serves hospitality businesses globally across 5 continents, solving problems like low occupancy, no-shows, last-minute cancellations, and inefficient booking processes by offering real-time tools, integrations, and features such as online ordering, CRM, and promotions management.[1][3][4][5] With over 16 million covers managed monthly, €92.5M in total funding (including a €55M recent round), and revenue around $21M, the company demonstrates strong growth momentum from its 2015 founding in Seville, Spain, now with 100-500 employees.[1][2]
Founded in 2015 and headquartered in Seville, Spain, CoverManager emerged from deep expertise in the hospitality sector, aiming to digitize reservations for sought-after restaurants and make booking as user-friendly as 21st-century technology demands.[1][2][3] The founders combined hospitality knowledge with engineering talent to create a platform rooted in real restaurant needs, starting with a focus on streamlining bookings and expanding to global reach.[3] Early traction came from partnerships with high-profile venues, leading to rapid adoption; pivotal moments include navigating the pandemic with tools like CoverAtHome for delivery and takeout, integrations with management systems, and scaling to manage experiences on 5 continents while securing multiple funding rounds totaling €92.5M.[2][3][4]
CoverManager rides the digitization wave in hospitality, accelerated by post-pandemic shifts toward online bookings, contactless experiences, and data-driven customer retention amid labor shortages and rising competition.[1][3][4] Timing aligns with global demand for integrated SaaS in fragmented sectors like restaurants and hotels, where market forces favor platforms reducing no-shows (up to 20-30% industry loss) and boosting occupancy via channel management and marketing automation.[1][5] It influences the ecosystem by empowering smaller venues with enterprise-grade tools, fostering a "digital, empowered" industry with thriving businesses and better guest experiences, as seen in its expansion to 5 continents and integrations that bridge on-site and off-site services.[3][4]
CoverManager is poised for further global expansion, leveraging its €92.5M funding to enhance AI-driven forecasting, deeper POS integrations, and entry into emerging markets like Asia and the Americas.[2][3] Trends like personalized guest experiences via data analytics, sustainable hospitality tech, and hybrid dining (in-person + delivery) will shape its trajectory, potentially doubling covers managed as adoption grows.[1][4] Its influence may evolve from reservation specialist to full hospitality OS, solidifying its role in revolutionizing how restaurants connect with customers—just as it started by making bookings effortless in a pre-digital era.[1][3]
CoverManager has raised $56.0M across 2 funding rounds. Most recently, it raised $17.9M Series A Extension in December 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 13, 2022 | $17.9M Series A Extension | Per Roman | |
| May 1, 2022 | $38.0M Series A | Felix Ruiz Hernandez, Paco Ávila Romero, Fernando Martinez, Javier Gutierrez |