Covalent AI Overview
- Year Founded
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2023
- Status
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Acquired/Merged
- Employees
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2
- Latest Deal Type
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M&A
Covalent AI General Information
Description
Developer of an AI-powered purchasing system intended to connect sellers and buyers to automate the purchasing task. The company's marketplace provides a platform that seamlessly integrates across all existing systems, provides real-time visibility, and takes actions to help reduce disruptions and delays before they escalate, enabling businesses to improve on-time deliveries, data accuracy, and save purchasing teams hours every day.
Contact Information
Website
www.covalentmarket.com(Operating Subsidiary)
Corporate Office
- 490 43rd Street
- Unit 232
- Oakland, CA 94609
- United States
Corporate Office
- 490 43rd Street
- Unit 232
- Oakland, CA 94609
- United States
Covalent AI Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Merger/Acquisition | 21-Jul-2025 | Completed | Generating Revenue | |||
| 1. Seed Round | 01-Aug-2023 | Completed | Generating Revenue |
Covalent AI Related Research & Analysis
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Covalent AI Signals
Growth Rate
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Key Data Points
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Majestic Referring Domains
Covalent AI Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Capital F | Venture Capital | Minority | ||
| Operator Collective | Venture Capital | Minority | ||
| Twine Ventures | Venture Capital | Minority | ||
| Vectura Group (Illinois) | Venture Capital | Minority |
Covalent AI FAQs
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When was Covalent AI founded?
Covalent AI was founded in 2023.
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Where is Covalent AI headquartered?
Covalent AI is headquartered in Oakland, CA.
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What is the size of Covalent AI?
Covalent AI has 2 total employees.
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What industry is Covalent AI in?
Covalent AI’s primary industry is Business/Productivity Software.
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Is Covalent AI a private or public company?
Covalent AI is a Private company.
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What is Covalent AI’s current revenue?
The current revenue for Covalent AI is .
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How much funding has Covalent AI raised over time?
Covalent AI has raised $1.8M.
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Who are Covalent AI’s investors?
Capital F, Operator Collective, Twine Ventures, and Vectura Group (Illinois) have invested in Covalent AI.
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When was Covalent AI acquired?
Covalent AI was acquired on 21-Jul-2025.
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Who acquired Covalent AI?
Covalent AI was acquired by Didero.
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