Covalent

📍 Vancouver, Canada🗓 Founded 2018👥 65 employees💰 Last funded May 2022
Software Development🌐 covalenthq.com
Website LinkedIn
Covalent is a technology company that is solving the huge infrastructure problems inhibiting blockchain adoption. Our solution bridges the entrenched world of centralized databases with the new world of distributed blockchain technologies. Blockchains provide a new frontier of development for enterprises, consumers and software developers. Due to its decentralized architecture, immutable ledger and highly secure framework, applications of the technology will impact industries ranging from finance and retail to personal identity and cryptocurrency. Covalents solution will exponentially increase access to and adoption of distributed blockchain technologies for enterprise and consumer use cases. The first version of Covalent was built in a weekend at a distributed systems hackathon in the fall of 2017. After winning the hackathon, we decided to turn it into a hosted service and start commercialization. Our team is comprised of industry veterans in database and distributed systems. Covalent is funded by leading venture investors, with over a decade of expertise building and scaling technology companies. We are hiring for a number of positions. Covalent is small, so everyone will have a huge impact. With only a handful of people we are already processing hundreds of millions of transactions. Open job postings here: https://www.covalenthq.com/about/careers/
3
Total investors
1
Early stage
2
Mid stage
0
Late stage
2018
Founded
Investors3 investors
All
Early stage
Mid stage
Late stage
Investor geography3 countries
France
1
Russian Federation
1
India
1
Investor activity2020–2022 · investors recorded per year
202012021120221
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Covalent?
Covalent has 3 investors on record on gritt.io, including 1 early-stage backers, 2 mid-stage.
When did Covalent last raise funding?
The most recent investment in Covalent recorded on gritt.io was in May 2022.
When was Covalent founded?
Covalent was founded in 2018.
What industry is Covalent in?
Covalent operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Covalent based?
Covalent is headquartered in Vancouver, Canada.