CoverCress Inc.

St. Louis, MO · Founded 2015 · Agritech · Acquired

Cover crop seed — a legume species bred for off-season soil management and carbon sequestration

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Updated · covercress.com

Sector
Agritech
Headquarters
St. Louis, MO
Founded
2015
Latest Form D
$26M, May 2022
Total capital
$36.6M
Federal grants
$806K
3 awards · 2019–2021
3.0× sector median 1 award
Private capital raised
$35.8M
4 Form D · last May 2022
54 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
1
9 pending · first 2021
Rank in peer group#19 of 80

Capital timeline

20152016201720182019202020212022FEDERAL ↑EQUITY ↓Cumulative $36.6M$99K$106K$600K1st Form D$2.5M2nd Form D$2M3rd Form D$5.3M4th Form D$26M
2015201720192021FEDERAL ↑EQUITY ↓Cumulative $36.6M$99K$106K$600K1st Form D$2.5M

Latest events

  • Private capital raisedForm D · SEC · 4th filing$26M
  • Federal grantAgriculture · The Goal Of This Phase II Effort Is To Develop Covercress As A Commercially Viable Cover Crop For US Agriculture. Covercress Is A Winter Cover Cropwith Modified Composition Based Onfield Pennycress (to Make It Canola-like) That Is Targeted Towards Corn-soy Rotation Farmers In The American Midwest. The Unique Feature Of Covercressis That It Doubles As A Cash Crop Providing $50-70/ACRE In Net Returns To The Farmer. This Gives Farmers A Financial Incentive To Adopt A Cover Crop Strategy Because It $600K
  • Federal grantAgriculture · Development Of Novel Cover Crop, Covercress, As A Sustainable Plant-based Protein Source For Food Applications$106K
  • Private capital raisedForm D · SEC · 3rd filing$5.3M
  • Federal grantAgriculture · Development Of Disease Resistant Pennycress As A Novel Oilseed Crop$99K
  • Private capital raisedForm D · SEC · 2nd filing$2M
  • Private capital raisedForm D · SEC · 1st filing$2.5M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 80 peers

Line = median

Agritech · Material

  • Granted patents#19 · top 24%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Charles BoltenDirectorNamed in SEC Form D filings
  • Dennis PlummerDirectorNamed in SEC Form D filings
  • Gerald SteinerExecutive Officer, Director, PromoterNamed in SEC Form D filings
  • Jak KnowlesDirectorNamed in SEC Form D filings
  • John PeryamDirectorNamed in SEC Form D filings
  • Rick HoltonDirectorNamed in SEC Form D filings

What it has protected

USPTO · 1 granted of 10
  • PendingPennycress Variety B3USPTOApplication 18507719
  • PendingPennycress Variety B28USPTOApplication 18507866
  • PendingPennycress Varieties With Improved Shatter Resistance And Early MaturityUSPTOApplication 18501791
Show all 10 patent records
  • Pennycress Variety B3May 30, 2024 · Application 18507719Pending
  • Pennycress Variety B28May 30, 2024 · Application 18507866Pending
  • Pennycress Varieties With Improved Shatter Resistance And Early MaturityMay 9, 2024 · Application 18501791Pending
  • Low Glucosinolate Pennycress Meal and Methods of MakingAug 24, 2021 · US 11,096,403Granted
  • Brassica With Improved Pod Shatter-resistanceApplication 63382369Pending
  • Pennycress Varieties With Improved Shatter ResistanceApplication 63382351Pending
  • Brassica Ind Gene Mutations Conferring Improved Pod Shatter-resistanceApplication 19123274Pending
  • Brassica Ind Gene Mutations Conferring Improved Pod Shatter-resistanceApplication PCTUS2023078712Pending
  • Pennycress Variety B28Application 63385492Pending
  • Pennycress Variety B3Application 63385486Pending
  • Inari AgricultureSimilar federal contract value in Agritech · null in contracts
  • Fortiphyte, Inc.Similar federal contract value in Agritech · null in contracts
  • Neolithics Inc.Similar federal contract value in Agritech · null in contracts
  • SEIA BIO INCSimilar federal contract value in Agritech · null in contracts
  • NOVOCLADE, INC.Similar federal contract value in Agritech · null in contracts
  • JERSEY FLORASimilar federal contract value in Agritech · null in contracts

Regulatory activity · Agritech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .