About Covalo
Covalo is a Retail company based in Zurich (Switzerland) founded in 2021 by Yann Chilvers. An online B2B marketplace for beauty ingredients is operated. It operates in the Retail, Technology, and Healthcare sectors. Covalo has raised $4.06 million across 2 funding rounds from investors including Gekko Management, High-Tech Gründerfonds and seed + speed. Its website covalo.com draws about 86 thousand monthly visits. Its focus areas include Brands Tech, Analytics, Product Analytics and Product Development.
Company details
The company was founded in 2021 in Zurich, Switzerland, and functions as an online B2B marketplace within the beauty sector. Beauty brands are connected with suppliers of ingredients through the platform. Ingredients are categorized and offered based on chemical groups, applications, functions, certifications, and other criteria. Operations focus on facilitating sourcing for professional users in the industry.
- Headquarters Zurich, Switzerland
- Founders Yann Chilvers
- SectorsRetailTechnology Healthcare
- Email••••••••
- Phone•••• ••••
- Website covalo.com
- Social LinkedIn X Facebook
- Total Equity Funding$4.06M (USD)
in 2 rounds
- Latest Funding Round$4.06M (USD), Seed
Apr 2026
- InvestorsGekko Management
& 3 more
Funding Insights of Covalo
Covalo has successfully raised a total of $4.06M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.06 million completed in April 2026. 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.
- Total Funding $4.06M
- Total Rounds 2
- Last Round Seed — $4.06M
- Investors Count 4
All 2 funding rounds of Covalo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $4.06M | Seed | – | – | |
| Mar 2023 | Seed | – | HTGF |
4 investors in total: 4 institutional.
Investors in Covalo
Covalo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Gekko Management, High-Tech Gründerfonds and seed + speed.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in high-tech startups by HTGF. | htgf.de | Bonn, Germany | ||
Venture capital is provided to B2B software startups at seed stage. | seedandspeed.com | Berlin, Germany | ||
| hiinov.com | ||||
Standalone hotels are operated from Frankfurt, Germany. | 1953 | gekko-group.de | Frankfurt Am Main, Germany |
Investor details for Covalo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Covalo
12 people are tracked at Covalo (4 in leadership, 8 in team).
| Name | Role | Group |
|---|---|---|
Yann Chilvers | Co-Founder | Leadership |
Carlos Palminha | CTO | Leadership |
Timo von Bargen | Founder & Co-ceo | Leadership |
Michael Ricci | Head Of New Business Development North America | Leadership |
Camila Pasinato | Product Designer | Team |
Teresa Catarino | Marketing and People Strategy | Team |
Anna Lorentz | Commercial & Marketing Lead | Team |
Hasan Eyad Sisalem | Business Development Representative | Team |
João Costa | Front End Developer | Team |
Abdullah Tabbal | Software Engineer | Team |
Zbaideh Anabtawi | Business Development Analyst | Team |
Filipe Évora | Senior Sales & Customer Success Manager | Team |
Complete people profiles for Covalo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Covalo
3 dated milestones of Covalo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Covalo is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $4.1M.
Web traffic of Covalo
The website of Covalo (covalo.com) receives about 86.4K visits a month.
- Monthly visits86.4K
▲ 81.8% vs previous month
Websites whose visitors overlap most with Covalo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
missminimalist.com | missminimalist.com | 100% | #1,766,975 | – | |
| trulybeauty.com | 96% | 680.7K | #139,280 | View details | |
openformula.com | openformula.com | 95% | #2,831,520 | – | |
bioeffect.com | bioeffect.com | 93% | #875,080 | – | |
| tri-k.com | 92% | 10.2K | #2,085,572 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Covalo
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- 25 similar websites
- Audience overlap
- Engagement analytics
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Related news about Covalo
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Frequently Asked Questions about Covalo
Covalo was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Covalo is headquartered in Zurich, Switzerland.
Covalo is a funded company, having raised a total of $4.06M across 2 funding rounds to date.
The company was founded in 2021 in Zurich, Switzerland, and functions as an online B2B marketplace within the beauty sector. Beauty brands are connected with suppliers of ingredients through the platform. Ingredients are categorized and offered based on chemical groups, applications, functions, certifications, and other criteria. Operations focus on facilitating sourcing for professional users in the industry.
Covalo has 4 investors. Key investors include Gekko Management, High-Tech Gründerfonds, seed + speed, and Hi Inov.