About Covestus
Covestus is a company based in Cheltenham (United Kingdom) founded in 2018. It operates as a D2C, and B2C. The company has 1 employees as of December 31, 2020. Covestus has completed 1 acquisition, including UltraDEX. Covestus offers products and services including No Sweat Antiperspirants and Probio7 Probiotics. Covestus operates in a competitive market with competitors including Pharmaron, Lonza, Pfizer, Boehringer Ingelheim and LabConnect, among others.
- Headquarter Cheltenham, United Kingdom
- Employees 1 as on 31 Dec, 2020
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
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- Legal Name Covestus Limited
- Date of Incorporation 08 Nov, 2018
- Jurisdiction CHELTENHAM, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1
as on Dec 31, 2020
- Investments & Acquisitions
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Products & Services of Covestus
Covestus offers a comprehensive portfolio of products and services, including No Sweat Antiperspirants and Probio7 Probiotics. 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.
Products for treating excessive sweating and hyperhidrosis.
Supplements to support gut health and immune system.
Funding Insights of Covestus
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Private Equity Round - Covestus | Valuation |
investors |
| 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 Covestus
Covestus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Maven Capital Partners. 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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Multiple sectors are targeted for private equity investments.
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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 Covestus
Covestus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UltraDEX. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Offers mouthwash and accessories to eliminate bad breath effectively through daily oral care.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Covestus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Covestus Comparisons
Competitors of Covestus
Covestus 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 Pharmaron, Lonza, Pfizer, Boehringer Ingelheim and LabConnect, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Drug discovery and development services for small molecules are provided.
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| domain | founded_year | HQ Location |
CDMO services for pharma, biotech, and specialty ingredients are provided.
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| domain | founded_year | HQ Location |
Pharmaceutical products for treating multiple diseases are provided.
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| domain | founded_year | HQ Location |
Generic drugs and clinical research services are provided globally.
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| domain | founded_year | HQ Location |
Laboratory testing, clinical trial research, and biopharma services are provided.
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| domain | founded_year | HQ Location |
AI powered scientific data management and workflow automation solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Covestus
When was Covestus founded?
Covestus was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Where is Covestus located?
Covestus is headquartered in Cheltenham, United Kingdom. It is registered at Cheltenham, Gloucestershire, United Kingdom.
How many employees does Covestus have?
As of Dec 31, 2020, the latest employee count at Covestus is 1.
What does Covestus do?
Covestus Limited is a UK-based independent group that acquires and builds healthcare companies, focusing on digital commerce for products like antiperspirants and probiotics. They use technology to enhance consumer experiences and drive growth through e-commerce and traditional channels. Based in Cheltenham, they serve global consumers in healthcare markets, emphasizing innovation and quality compliance.
Who are the top competitors of Covestus?
What products or services does Covestus offer?
Covestus offers No Sweat Antiperspirants and Probio7 Probiotics.
How many acquisitions has Covestus made?
Covestus has made 1 acquisition, including UltraDEX.
Who are Covestus's investors?
Covestus has 1 investor. Key investors include Maven Capital Partners.
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