About Covalent Data
Covalent Data is a company based in Denver (United States) founded in 2011 was acquired by Wellspring in July 2017. Covalent Data has raised $4.75 million across 3 funding rounds from investors including Wellspring and High Country Ventures. Covalent Data offers products and services including Accolade, Scout, Evolve, and Astria. Covalent Data operates in a competitive market with competitors including ProQuest, ResearchGate, Authorea, Research Solutions and eMolecules, among others.
- Headquarter Denver, United States
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.75 M (USD)
in 3 rounds
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Latest Funding Round
$1.2 M (USD), Series A
Apr 07, 2016
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Investors
Wellspring
& 1 more
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Employee Count
Not available
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Acquired by
Wellspring
(Jul 10, 2017)
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Products & Services of Covalent Data
Covalent Data offers a comprehensive portfolio of products and services, including Accolade, Scout, Evolve, and Astria.
Tool for managing innovation processes and strategies
Platform for searching and identifying technologies
Software for evolving innovation strategies
System for handling intellectual property tasks
Funding Insights of Covalent Data
Covalent Data has successfully raised a total of $4.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.2 million completed in April 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Covalent Data
Covalent Data has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Wellspring and High Country Ventures.
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Early-stage centric life sciences and tech focused VC firm investing primarily in the US
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AI platform for technology scouting and corporate venturing is offered.
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Investor details for Covalent Data
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Investments & Acquisitions by Covalent Data
Investment portfolio details for Covalent Data
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Financial Statements - Covalent Data
Detailed financials for Covalent Data
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Covalent Data Comparisons
Peer comparison for Covalent Data
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Competitors of Covalent Data
Covalent Data operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ProQuest, ResearchGate, Authorea, Research Solutions and eMolecules, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Research content is delivered via online platforms to libraries.
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Online community for scientists
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Collaborative platform for research and learning
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AI-powered solutions for scholarly content access and management are provided.
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Provider of an online search engine for uncharted chemical and biological for drug discovery
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Research management and collaboration are enabled via a web/mobile platform.
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Detailed competitors of Covalent Data
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Latest news on Covalent Data
Complete news archive for Covalent Data
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Frequently Asked Questions about Covalent Data
Covalent Data was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Covalent Data is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Covalent Data is a funded company, having raised a total of $4.75M across 3 funding rounds to date.
Founded in 2011 and based in Denver, United States, Covalent Data operates in the technology sector as a platform for licensing and innovation intelligence. Public and private data sets are integrated to map the global innovation landscape, enabling the tracking of inventions from initial research to commercialization. Trends are analyzed, opportunities are evaluated, and connections among ecosystem participants are facilitated.
Covalent Data's top competitors include ProQuest, ResearchGate and Research Solutions.
Covalent Data offers Accolade, Scout, Evolve, and Astria.
Covalent Data has 2 investors. Key investors include Wellspring, and High Country Ventures.