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Cove Fund

Company

Investment-firm

Financing round

General

About Company
Cove Fund is a California-based venture capital fund founded in 2018.

Industry

Sector :

Subsector :

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Also Known As

Cove Fund II, Cove Fund I

founded date

01.01.2014

Number of employees

Company Type

Non-profit

IPO status

Private

Description

Cove Fund is a family of seed-stage venture capital funds that invest in early-stage technology and life science companies in Southern California. They have two funds, Cove Fund I and Cove Fund II, with a total of $20 million in investments. Their portfolio includes startups such as OnSite Waste Technologies, Capillary Biomedical, and VYRL. Cove Fund actively seeks new investment opportunities and focuses on companies that can address large markets with unique products and achieve significant growth with their seed funding.
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Financials

Investments
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Date 
name 
Lead 
type 
Raised 
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No
$7.5M
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People

Founders
7
J.C. Ruffalo
J.C. Ruffalo

J.C. Ruffalo

J.C. Ruffalo is the Venture Partner at Cove Fund.He attended Chapman University.

current job

Cove Fund
Cove Fund

organization founded

1

J.C. Ruffalo

John Kensey
John Kensey

John Kensey

John has been the CEO of several early stage companies including two in which he had a founder’s role. He also led and became the CEO of an LBO of an engineering/distribution company that was subsequently acquired by a large European public company. His prior experience includes a six-year period with McKinsey & Company, Inc. In 1988 he established Avalon Capital to serve as a platform for his consulting activities and his personal investing in early stage companies. Since then consulting to and investing in seed or early stage companies has been his primary activity. As an “angel investor” he has invested in over fifty such companies, more than thirty of which are still active. He is directly involved with some of these companies as either a board member or in an advisory role. He is also a part time employee of Pacific Alternative Asset Company (PAAMCO) where he serves as an adviser to senior management. John has a BSIE from Stanford University, a Master of Business Administration degree from Harvard Graduate School of Business and has completed the course work for is a Ph.D. Candidate in Strategic Management at the Peter F. Drucker Graduate Management Center, Claremont Graduate School. He is also one of the founders of the Tech Coast Angels and remains active in that organization.

current job

Pacific Alternative Asset Management Company
Pacific Alternative Asset Management Company

organization founded

1

John Kensey

Mike Benvenuti
Mike Benvenuti

Mike Benvenuti

Mike Benvenuti is the Fund Manager of Cove Fund II and a Chairman of the Board Member of OnSite Waste Technologies.

current job

Cove Fund
Cove Fund

organization founded

1

Mike Benvenuti

Paul Voois
Paul Voois

Paul Voois

Dr. Paul Voois is a Fund Manager with Cove Fund (www.covefund.com), an early-stage venture fund that invests in Southern California startups in both technology and life sciences. He is also a member of Tech Coast Angels, one of the largest and most active angel investment organizations in the country. As an entrepreneur, Dr. Voois established a track record of building valuable companies with unique, defensible technology in the networking, communications and software industries. In 2002 he co-founded ClariPhy Communications, a venture-backed supplier of optical networking semiconductors that was acquired by Inphi (now Marvell Semiconductor) for $300M in 2016 and now operates as Marvell’s Coherent DSP business unit. He served as ClariPhy’s CEO until 2011 and as Chief Strategy Officer until its acquisition. Prior to founding ClariPhy, he served as CEO of 8x8 (NASDAQ:EGHT), a market leader in voice and video over IP technology. Dr. Voois received an MS and PhD from Stanford and a BS (summa cum laude) from Penn State, all in electrical engineering. He is an inventor on 36 issued United States patents.

current job

Cove Fund
Cove Fund

organization founded

2

Paul Voois

Employee Profiles
8
J.C. Ruffalo

J.C. Ruffalo

Venture Partner

Matthew McRae

Matthew McRae

Limited Partner

Howard Mirowitz

Howard Mirowitz

Manager, Cove Fund II

Paul Voois

Paul Voois

Manager, Cove Fund II

Hans Imhof

Manager, Cove Fund I

Mike Benvenuti

Mike Benvenuti

Manager, Cove Fund II

John Kensey

John Kensey

Manager, Cove Fund I

Fred Selby

Manager, Cove Fund I

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