How Much Did Hover Raise?
Funding & Key Investors

Hover, a division of Tucows Inc., has secured significant enterprise-level funding, with its total funding amount reaching $31M. The company recently announced a major strategic investment of $25M, underscoring its continued growth and market position in domain and email management.

What is Hover?

Hover
TelecommunicationsInternet Service Providers, Website Hosting & Internet-related Services

Hover is dedicated to simplifying domain and email management for its users. As a division of Tucows Inc., a long-standing internet services provider established in 1994, Hover benefits from the extensive infrastructure and experience of its parent company, which manages over nine million domain names. Hover focuses on providing intuitive tools, comprehensive tutorials, and accessible customer support to ensure a seamless user experience. The platform guarantees that domain names remain active, offering a 40-day grace period post-expiration to facilitate renewals and prevent service interruptions.

How much funding has Hover raised?

Hover has raised a total of $31M across 2 funding rounds:

2015

Series A

$6M

2018

Series B

$25M

Series A (2015): $6M with participation from Alsop Louie Partners

Series B (2018): $25M led by Google Ventures

Key Investors in Hover

Alsop Louie Partners

Alsop Louie Partners is an early-stage venture capital firm focused on accountable technologies and social responsibility, likely investing in innovative startups aiming for sustainable solutions.

Google Ventures

GV, formerly Google Ventures, is a prominent venture capital firm that invests across various stages and sectors, with a focus on enterprise solutions, life sciences, and frontier technology.

What's next for Hover?

The recent major strategic investment signals a period of scaling and enhanced development for Hover. This capital infusion is expected to fuel advancements in its domain and email management tools, potentially expanding its service offerings and market reach. Given its enterprise-level backing and focus on simplifying core internet infrastructure services, Hover is well-positioned to solidify its standing as a leading provider in its niche, further leveraging the established reputation and user base of Tucows Inc.

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Frequently Asked Questions Regarding Hover Financial Insights

What are the most recent funding rounds that Hover has completed, and what were the funding rounds?
Hover has recently completed 2 funding rounds: Series B on Jan 28, 2018, Series A on Nov 19, 2015.
What is the total amount of funding Hover has raised to date?
Hover has raised a total of $31M in funding to date.
How many funding rounds has Hover completed?
Hover has completed 2 funding rounds.
How much funding did Hover raise in its most recent funding round?
Hover raised $25M in its most recent funding round.
Who are the lead investors in Hover's latest funding round?
The lead investor in Hover's latest funding round was Google Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Hover's history?
The largest funding round in Hover's history was $25M.
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