About Covidence
Covidence is a company based in Rønde (Denmark) founded in 2007 was acquired by EMK Capital in May 2019. It operates as a Direct-to-Consumer (D2C). The company has 42 employees as of June 30, 2022. Covidence offers products and services including Miniature Video Surveillance Solutions. Covidence operates in a competitive market with competitors including Megvii, Dahua Technology, IntelliFusion, Ubiquiti and Dolby Laboratories, among others.
- Headquarter Rønde, Denmark
- Employees 42 as on 30 Jun, 2022
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Covidence A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
EMK Capital
& 1 more
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Employee Count
42
as on Jun 30, 2022
- Acquired by
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Products & Services of Covidence
Covidence offers a comprehensive portfolio of products and services, including Miniature Video Surveillance Solutions. 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.
Miniature video solutions are provided for surveillance purposes.
Funding Insights of Covidence
| 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 |
Investors in Covidence
Covidence has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EMK Capital and Montagu Private Equity. 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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Montagu Private Equity is engaged in mid-market business investments.
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Founded Year | Domain | Location | |
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EMK Capital is engaged in private equity investments globally.
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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 Megvii, Dahua Technology, IntelliFusion, Ubiquiti and Dolby Laboratories, 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 |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
AI and cloud-based video surveillance systems are developed.
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| domain | founded_year | HQ Location |
Provider of AI and cloud-based vision processing units for video analytics applications
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| domain | founded_year | HQ Location |
Manufacturer of security and networking products
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| domain | founded_year | HQ Location |
Provides audio,image and video processing technology
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| domain | founded_year | HQ Location |
Security and surveillance software solutions are provided for enterprises.
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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 Covidence
When was Covidence founded?
Covidence was founded in 2007.
Where is Covidence located?
Covidence is headquartered in Rønde, Denmark. It is registered at Rønde, Central Denmark Region, Denmark.
How many employees does Covidence have?
As of Jun 30, 2022, the latest employee count at Covidence is 42.
What does Covidence do?
High-quality miniature video surveillance solutions are provided by Covidence to police, intelligence agencies, special forces, and government-approved organizations. These solutions are utilized in combating major crime and terror. The company focuses on the security technology sector, delivering specialized equipment tailored for surveillance needs of governmental and law enforcement entities.
Who are the top competitors of Covidence?
Covidence's top competitors include Megvii, Hikvision and Deep Sentinel.
What products or services does Covidence offer?
Covidence offers Miniature Video Surveillance Solutions.
Who are Covidence's investors?
Covidence has 2 investors. Key investors include EMK Capital, and Montagu Private Equity.