Covalto Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 353


  • Latest Deal Type
  • PIPE
  • (Cancelled)

  • Latest Deal Amount
  • $30M

  • Investors
  • 30

Covalto General Information


Developer of a lending platform designed to offer easy, reliable, and transparent credit. The company's platform offers credit models focused on overall performance rather than considering only the owner's personal credit history, enabling clients to obtain accessible credit to grow their business.

Contact Information

Formerly Known As
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Specialized Finance
Other Industries
Financial Software
Corporate Office
  • Cuernavaca Railway 689, 9th Floo
  • Colonia Ampliación Granada, Mayor's Office Miguel Hidalgo
  • Mexico City, 11529
  • Mexico
+52 55 0000 0000

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Covalto Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. PIPE 18-Aug-2022 $30M Cancelled Generating Revenue
10. Reverse Merger 18-Aug-2022 00000 00000 Cancelled Generating Revenue
9. Secondary Transaction - Private 01-Dec-2021 00000 Completed Generating Revenue
8. Later Stage VC (Series B1) 30-Nov-2021 00000 Completed Generating Revenue
7. Mezzanine 08-Apr-2021 00000 Completed Generating Revenue
6. Debt - General 23-Mar-2020 00000 00000 Completed Generating Revenue
5. Later Stage VC 06-Nov-2019 0000 00000 Completed Generating Revenue
4. Debt - General 25-Mar-2019 00000 00000 Completed Generating Revenue
3. Early Stage VC (Series A) 04-Sep-2018 Completed Generating Revenue
2. Seed Round 01-Jul-2017 Completed Generating Revenue
To view Covalto’s complete valuation and funding history, request access »

Covalto Comparisons

HQ Location
Total Raised
Post Valuation
Developer of a lending platform designed to offer easy, reliable, and transparent credit. The company's platform offers
Specialized Finance
Mexico City, Mexico
353 As of 2023


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00000000000 0000000
Mexico City, Mexico
000 As of 0000
000000000 00000


ion ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dol
00000000000 0000000
Frankfurt, Germany
0 As of 0000
00.00 0000-00-00
0000000000 0 00.000
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Covalto Competitors (34)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Konfio Venture Capital-Backed Mexico City, Mexico 000 00000 000000000 00000
Giromatch Venture Capital-Backed Frankfurt, Germany 0 00.000 0000000000 0 00.000
Kabbage Formerly VC-backed Atlanta, GA 000 00.000 0000000000.
Nav Venture Capital-Backed San Mateo, CA 000 00000 00000000000 00000
Nuula Formerly VC-backed Coral Springs, FL 000 00000 000000&0 00000
You’re viewing 5 of 34 competitors. Get the full list »

Covalto Executive Team (17)

Name Title Board Seat Contact Info
Allan Pascal Co-Founder & Co-Chief Executive Officer
David Poritz Co-Founder, Co-Chief Executive Officer & Board Member
Eduardo Mendoza Chief Financial Officer
Sergio Arias Chief Operating Officer
Jean-Bernard Rolland Chief Technology Officer
You’re viewing 5 of 17 executive team members. Get the full list »

Covalto Board Members (6)

Name Representing Role Since
David Poritz Covalto Co-Founder, Co-Chief Executive Officer & Board Member 000 0000
Hernan Kazah Kaszek Board Member 000 0000
Johanna Posada Elevar Equity Board Member 000 0000
Michael Sidgmore Broadhaven Capital Partners Board Member 000 0000
Pete Casella Covalto Board Member 000 0000
You’re viewing 5 of 6 board members. Get the full list »

Covalto Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Covalto Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Atman Capital Partners Venture Capital Minority 000 0000 000000 0
Breyer Capital Venture Capital Minority 000 0000 000000 0
FinRebel Venture Capital Minority 000 0000 000000 0
Blue like an Orange Sustainable Capital Mezzanine Minority 000 0000 000000 0
David Chan Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 30 investors. Get the full list »

Covalto Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Banco Covalto 15-Jun-2021 0000000000 00.000 National Banks 00000 000
Visor (Media and Information Services) 17-Mar-2021 Merger/Acquisition 00000 Financial Software 00000 000
To view Covalto’s complete acquisitions history, request access »

Covalto Subsidiaries (1)

Company Name Industry Location Founded
Banco Covalto National Banks Mexico City, Mexico 0000
To view Covalto’s complete subsidiaries history, request access »

Covalto FAQs

  • When was Covalto founded?

    Covalto was founded in 2015.

  • Who is the founder of Covalto?

    Allan Pascal and David Poritz are the founders of Covalto.

  • Who is the CEO of Covalto?

    Allan Pascal and David Poritz are the CEOs of Covalto.

  • Where is Covalto headquartered?

    Covalto is headquartered in Mexico City, Mexico.

  • What is the size of Covalto?

    Covalto has 353 total employees.

  • What industry is Covalto in?

    Covalto’s primary industry is Specialized Finance.

  • Is Covalto a private or public company?

    Covalto is a Private company.

  • What is Covalto’s current revenue?

    The current revenue for Covalto is 00000.

  • How much funding has Covalto raised over time?

    Covalto has raised $242M.

  • Who are Covalto’s investors?

    Atman Capital Partners, Breyer Capital, FinRebel, Blue like an Orange Sustainable Capital, and David Chan are 5 of 30 investors who have invested in Covalto.

  • Who are Covalto’s competitors?

    Konfio, Giromatch, Kabbage, Nav, and Nuula are some of the 34 competitors of Covalto.

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