About Covent
Covent is a company founded in 1972. It operates as a B2B2C. The company has 123 employees as of December 31, 2022. Covent offers products and services including Air Handling Units, Certified Smoke Fans, and Rotary Heat Exchangers.
- Employees 123 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Covent As
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Annual Revenue
$23.66 M (USD)19as on Dec 31, 2022
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Net Profit
$-684.06 K (USD)31as on Dec 31, 2022
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EBITDA
$-874.35 K (USD)31as on Dec 31, 2022
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Latest Funding Round
- Investors
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Employee Count
123
as on Dec 31, 2022
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Acquired by
N/A
(Aug 10, 2011)
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Products & Services of Covent
Covent offers a comprehensive portfolio of products and services, including Air Handling Units, Certified Smoke Fans, and Rotary Heat Exchangers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Energy-efficient air handling units are provided for various industries.
Certified smoke fans are offered for extreme fire conditions.
Rotary heat exchangers are supplied for energy recovery systems.
Funding Insights of Covent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Covent
Covent has secured backing from 1 investor. Prominent investors backing the company include Soler & Palau. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Ventilation systems are designed and manufactured by Soler & Palau.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Covent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Covent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Covent Comparisons
Competitors of Covent
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Covent
When was Covent founded?
Covent was founded in 1972.
How many employees does Covent have?
As of Dec 31, 2022, the latest employee count at Covent is 123.
What is the annual revenue of Covent?
Annual revenue of Covent is $23.66M as on Dec 31, 2022.
What does Covent do?
Covent AS is engaged in the design and supply of energy-efficient air handling units tailored for various industries. Solutions are offered for land-based, offshore, and marine sectors, addressing diverse project needs. Specialized products like certified smoke fans and rotary heat exchangers are included in their portfolio. Emphasis is placed on sustainability and innovation within the HVAC industry.
What products or services does Covent offer?
Covent offers Air Handling Units, Certified Smoke Fans, and Rotary Heat Exchangers.
Who are Covent's investors?
Covent has 1 investor. Key investors include Soler & Palau.