diff --git a/README.md b/README.md
index ef71e1dd..9a1c8ae6 100644
--- a/README.md
+++ b/README.md
@@ -264,6 +264,11 @@ Coverband on very high volume sites with many server processes reporting can hav
 
 See more discussion [here](https://github.com/danmayer/coverband/issues/384).
 
+Please note that with the Redis Hash Store, everytime you load the full report, Coverband will execute `HGETALL` queries in your Redis server twice for every file in the project (once for runtime coverage and once for eager loading coverage). This shouldn't have a big impact in small to medium projects, but can be quite a hassle if your project has a few thousand files.
+To help reduce the extra redis load when getting the coverage report, you can enable `get_coverage_cache` (but note that when doing that, you will always get a previous version of the report, while a cache is re-populated with a newer version).
+
+- Use Hash Redis Store with _get coverage cache_: `config.store = Coverband::Adapters::HashRedisStore.new(redis, get_coverage_cache: true)`
+
 ### Clear Coverage
 
 Now that Coverband uses MD5 hashes there should be no reason to manually clear coverage unless one is testing, changing versions, possibly debugging Coverband itself.
diff --git a/lib/coverband/adapters/hash_redis_store.rb b/lib/coverband/adapters/hash_redis_store.rb
index aa4f6769..3f331b00 100644
--- a/lib/coverband/adapters/hash_redis_store.rb
+++ b/lib/coverband/adapters/hash_redis_store.rb
@@ -5,6 +5,83 @@
 module Coverband
   module Adapters
     class HashRedisStore < Base
+      class GetCoverageNullCacheStore
+        def self.clear!(*_local_types); end
+
+        def self.fetch(_local_type)
+          yield(0)
+        end
+      end
+
+      class GetCoverageRedisCacheStore
+        LOCK_LIMIT = 60 * 30 # 30 minutes
+
+        def initialize(redis, key_prefix)
+          @redis = redis
+          @key_prefix = [key_prefix, "get-coverage"].join(".")
+        end
+
+        def fetch(local_type)
+          cached_result = get(local_type)
+
+          # if no cache available, block the call and populate the cache
+          # if cache is available, return it and start re-populating it (with a lock)
+          if cached_result.nil?
+            value = yield(0)
+            result = set(local_type, JSON.generate(value))
+            value
+          else
+            if lock!(local_type)
+              Thread.new do
+                begin
+                  result = yield(deferred_time)
+                  set(local_type, JSON.generate(result))
+                ensure
+                  unlock!(local_type)
+                end
+              end
+            end
+            JSON.parse(cached_result)
+          end
+        end
+
+        def clear!(local_types = Coverband::TYPES)
+          Array(local_types).each do |local_type|
+            del(local_type)
+            unlock!(local_type)
+          end
+        end
+
+        private
+
+        # sleep in between to avoid holding other redis commands..
+        # with a small random offset so runtime and eager types can be processed "at the same time"
+        def deferred_time
+          3 + rand(0.0..1.0)
+        end
+
+        def del(local_type)
+          @redis.del("#{@key_prefix}.cache.#{local_type}")
+        end
+
+        def get(local_type)
+          @redis.get("#{@key_prefix}.cache.#{local_type}")
+        end
+
+        def set(local_type, value)
+          @redis.set("#{@key_prefix}.cache.#{local_type}", value)
+        end
+
+        # lock for at most 60 minutes
+        def lock!(local_type)
+          @redis.set("#{@key_prefix}.lock.#{local_type}", "1", nx: true, ex: LOCK_LIMIT)
+        end
+
+        def unlock!(local_type)
+          @redis.del("#{@key_prefix}.lock.#{local_type}")
+        end
+      end
+
       FILE_KEY = "file"
       FILE_LENGTH_KEY = "file_length"
       META_DATA_KEYS = [DATA_KEY, FIRST_UPDATED_KEY, LAST_UPDATED_KEY, FILE_HASH].freeze
@@ -17,7 +94,7 @@ class HashRedisStore < Base
 
       JSON_PAYLOAD_EXPIRATION = 5 * 60
 
-      attr_reader :redis_namespace
+      attr_reader :redis_namespace, :get_coverage_cache
 
       def initialize(redis, opts = {})
         super()
@@ -29,6 +106,13 @@ def initialize(redis, opts = {})
 
         @ttl = opts[:ttl]
         @relative_file_converter = opts[:relative_file_converter] || Utils::RelativeFileConverter
+
+        @get_coverage_cache = if opts[:get_coverage_cache]
+          key_prefix = [REDIS_STORAGE_FORMAT_VERSION, @redis_namespace].compact.join(".")
+          GetCoverageRedisCacheStore.new(redis, key_prefix)
+        else
+          GetCoverageNullCacheStore
+        end
       end
 
       def supported?
@@ -45,6 +129,7 @@ def clear!
           file_keys = files_set
           @redis.del(*file_keys) if file_keys.any?
           @redis.del(files_key)
+          @get_coverage_cache.clear!(type)
         end
         self.type = old_type
       end
@@ -54,6 +139,7 @@ def clear_file!(file)
         relative_path_file = @relative_file_converter.convert(file)
         Coverband::TYPES.each do |type|
           @redis.del(key(relative_path_file, type, file_hash: file_hash))
+          @get_coverage_cache.clear!(type)
         end
         @redis.srem(files_key, relative_path_file)
       end
@@ -87,12 +173,21 @@ def save_report(report)
       end
 
       def coverage(local_type = nil)
-        files_set = files_set(local_type)
-        @redis.pipelined { |pipeline|
-          files_set.each do |key|
-            pipeline.hgetall(key)
+        cached_results = @get_coverage_cache.fetch(local_type || type) do |sleep_time|
+          files_set = files_set(local_type)
+
+          # use batches with a sleep in between to avoid overloading redis
+          files_set.each_slice(250).flat_map do |key_batch|
+            sleep sleep_time
+            @redis.pipelined do |pipeline|
+              key_batch.each do |key|
+                pipeline.hgetall(key)
+              end
+            end
           end
-        }.each_with_object({}) do |data_from_redis, hash|
+        end
+
+        cached_results.each_with_object({}) do |data_from_redis, hash|
           add_coverage_for_file(data_from_redis, hash)
         end
       end
diff --git a/test/coverband/adapters/hash_redis_store_test.rb b/test/coverband/adapters/hash_redis_store_test.rb
index 27c72745..0d4c7306 100644
--- a/test/coverband/adapters/hash_redis_store_test.rb
+++ b/test/coverband/adapters/hash_redis_store_test.rb
@@ -192,4 +192,52 @@ def test_clear_file
     @store.clear_file!("app_path/dog.rb")
     assert_nil @store.get_coverage_report[:merged]["./dog.rb"]
   end
+
+  def test_get_coverage_cache
+    @store = Coverband::Adapters::HashRedisStore.new(
+      @redis,
+      redis_namespace: "coverband_test",
+      relative_file_converter: MockRelativeFileConverter,
+      get_coverage_cache: true
+    )
+    @store.get_coverage_cache.stubs(:deferred_time).returns(0)
+    @store.get_coverage_cache.clear!
+    mock_file_hash
+    yesterday = DateTime.now.prev_day.to_time
+    mock_time(yesterday)
+    @store.save_report(
+      "app_path/dog.rb" => [0, 1, 2]
+    )
+    assert_equal(
+      {
+        "first_updated_at" => yesterday.to_i,
+        "last_updated_at" => yesterday.to_i,
+        "file_hash" => "abcd",
+        "data" => [0, 1, 2]
+      },
+      @store.coverage["./dog.rb"]
+    )
+    @store.save_report(
+      "app_path/dog.rb" => [0, 1, 2]
+    )
+    assert_equal(
+      {
+        "first_updated_at" => yesterday.to_i,
+        "last_updated_at" => yesterday.to_i,
+        "file_hash" => "abcd",
+        "data" => [0, 1, 2]
+      },
+      @store.coverage["./dog.rb"]
+    )
+    sleep 0.1 # wait caching thread finish
+    assert_equal(
+      {
+        "first_updated_at" => yesterday.to_i,
+        "last_updated_at" => yesterday.to_i,
+        "file_hash" => "abcd",
+        "data" => [0, 2, 4]
+      },
+      @store.coverage["./dog.rb"]
+    )
+  end
 end