About Covidence
Covidence is a company based in Melbourne (Australia) founded in 2014. It operates as a SaaS (Software-as-a-Service). Covidence offers products and services including Covidence Systematic Review Tool. Covidence operates in a competitive market with competitors including Agatha, Real Life Sciences, TextuaMind, Publisher Pro and Litmaps, among others.
- Headquarter Melbourne, Australia
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Sectors
HealthcareEducation
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$500 K (USD), Grant
May 29, 2018
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Investors
The Ian Potter Foundation
& 2 more
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Employee Count
Employee Count
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Products & Services of Covidence
Covidence offers a comprehensive portfolio of products and services, including Covidence Systematic Review Tool. 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.
A tool for managing systematic reviews efficiently online.
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Funding Insights of Covidence
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $500,000
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First Round
First Round
(29 May 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Grant - Covidence | 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 Covidence
Covidence has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include The Ian Potter Foundation, Paul Ramsay Foundation and Lord Mayor's Charitable Foundation. 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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Grants are provided by The Ian Potter Foundation nationally.
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Founded Year | Domain | Location | |
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Philanthropic organization grants and invests in communities to reduce social disadvantage.
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Founded Year | Domain | Location | |
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A foundation focused on addressing major challenges in Greater Melbourne.
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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 Covidence
| 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 - Covidence
| 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 |
Covidence Comparisons
Competitors of Covidence
Covidence 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 Agatha, Real Life Sciences, TextuaMind, Publisher Pro and Litmaps, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Agatha is engaged in providing document management solutions for life sciences.
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| domain | founded_year | HQ Location |
Treatment data analytics are provided for pharmaceutical companies.
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| domain | founded_year | HQ Location |
Regulatory compliance is checked via AI-powered cloud platform for pharma.
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| domain | founded_year | HQ Location |
Cloud-based proofreading platform is utilized for researchers' documents.
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| domain | founded_year | HQ Location |
Literature reviews are accelerated via visualization and research expansion tools.
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| 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 Covidence
When was Covidence founded?
Covidence was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Covidence located?
Covidence is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Covidence?
Julian Elliot is the current CEO of Covidence.
What does Covidence do?
Systematic review processes are streamlined by Covidence, a software tool designed for researchers and organizations. It is utilized across sectors like health, education, and social sciences. Collaboration is enabled for review teams globally, with solutions tailored for academic institutions, hospitals, and societies. Time efficiency is improved, with significant reductions in review durations reported. Support and training are offered to users of all experience levels.
Who are the top competitors of Covidence?
Covidence's top competitors include Real Life Sciences, Litmaps and Agatha.
What products or services does Covidence offer?
Covidence offers Covidence Systematic Review Tool.
Who are Covidence's investors?
Covidence has 3 investors. Key investors include The Ian Potter Foundation, Paul Ramsay Foundation, and Lord Mayor's Charitable Foundation.