The team behind CoveA Sequioa-backed startup that was working on an AI-powered collaboration dashboard has joined Microsoft, according to an email sent to customers informing them that the Cove service will be shutting down.
Cove was founded in late 2023 by Stephen Chau, Andy Szybalski, and Mike Chu, who worked on Google Maps features like Street View. the start-up raised $6 million in a seed round from Sequoia Capital, Elad Gil, Homebrew, Adverb, Scott Belsky and Lenny Rachitsky in 2024.
Their tool was an infinite whiteboard that allowed users to use AI to generate different blocks for tasks like travel planning. The founders felt that the chat interface for AI was not editable and a canvas provided more flexibility when going in different directions with prompts.
Cove also allowed users to use a built-in browser, PDF files and images to give more context to its AI, which could create new cards, tables and lists.
The startup competed with companies like He looked, TLDrawand cosmic.
The company said in an email to customers that the entire Cove team will join Microsoft and that the product will be shut down on April 1 and all user data will be deleted. Cove mentioned that it has refunded all March subscriptions and is offering a data export process.
“When we founded Cove, we set out to reimagine how people collaborate with AI. As the model’s capabilities have accelerated, our belief in that mission has only grown stronger. We are thrilled to continue this work at Microsoft AI, where we will have the opportunity to pursue an even greater vision,” the company said. he said in a blog post on his site.
Additionally, the company said that “the ideas behind this [Cove] will live” within Microsoft. Notably, Microsoft added Copilot to its own collaboration product, Boardin 2023.
TechCrunch reached out to Microsoft to understand how it plans to integrate Cove’s technology within its ecosystem, but did not immediately hear back.
