About Covvalent
Covvalent is a company based in Lewes (United States) founded in 2022 by Sandeep Singh and Arush Dhawan. Covvalent has raised $4.3 million across 1 funding round from investors including Nexus Venture Partners, Vishal Chaudhary and Ramakant Sharma. The company has 16 employees as of March 30, 2024. Covvalent offers products and services including Oleochemicals and Custom Manufacturing. Covvalent operates in a competitive market with competitors including Knowde, BluePallet, Chemdex, SimpleTrade and Kemgo, among others.
- Headquarter Lewes, United States
- Employees 16 as on 30 Mar, 2024
- Founders Sandeep Singh, Arush Dhawan
-
Sectors
Chemicals & MaterialsRetail
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Rainboweucalyptus Technologies Private Limited
- Date of Incorporation 29 Aug, 2022
- Jurisdiction Gurgaon, Haryana, India
-
Annual Revenue
$352.69 K (USD)0as on Mar 31, 2023
-
Net Profit
$17.83 K (USD)0as on Mar 31, 2023
-
EBITDA
$23.83 K (USD)0as on Mar 31, 2023
-
Total Equity Funding
$4.3 M (USD)
in 1 rounds
-
Latest Funding Round
$4.3 M (USD), Seed
Nov 28, 2022
-
Investors
Nexus Venture Partners
& 8 more
-
Employee Count
16
as on Mar 30, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Covvalent
Covvalent offers a comprehensive portfolio of products and services, including Oleochemicals and Custom Manufacturing.
Provides fatty acids, glycerine, and surfactants with sustainable sourcing.
Develops specialty chemical raw materials for coatings and adhesives sectors.
People of Covvalent
Unlock access to complete
Funding Insights of Covvalent
Covvalent has successfully raised a total of $4.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.3 million completed in November 2022. 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.
Investors in Covvalent
Covvalent has secured backing from 9 investors, including angel and venture fund investors. Prominent investors backing the company include Nexus Venture Partners, Vishal Chaudhary and Ramakant Sharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm that partners with entrepreneurs for product-first companies.
|
Locked | Locked | Locked | |
|
VC
Vishal Chaudhary |
Angel investor, Co-founder of Zetwerk, focused on manufacturing and tech startups
|
Locked | Locked | Locked |
|
RS
Ramakant Sharma |
Co-founder of Livspace, angel investor in Indian startups
|
Locked | Locked | Locked |
Investor details for Covvalent
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Covvalent
Investment portfolio details for Covvalent
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Covvalent
Detailed financials for Covvalent
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Covvalent Comparisons
Peer comparison for Covvalent
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Covvalent
Covvalent 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 Knowde, BluePallet, Chemdex, SimpleTrade and Kemgo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Chemicals are traded via an online B2B marketplace.
|
|
| Locked | Locked | Locked |
Provider of a cloud-based marketplace for chemicals
|
|
| Locked | Locked | Locked |
Chemdex operates an online B2B marketplace for chemical products.
|
|
| Locked | Locked | Locked |
A chemicals trading marketplace is provided for producers and buyers.
|
|
| Locked | Locked | Locked |
An online B2B marketplace for chemical supplies is facilitated.
|
Detailed competitors of Covvalent
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Covvalent
Complete news archive for Covvalent
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Covvalent
Covvalent was founded in 2022.
Covvalent is headquartered in Lewes, United States. It is registered at Lewes, Delaware, United States.
Covvalent is a funded company, having raised a total of $4.3M across 1 funding round to date.
As of Mar 30, 2024, the latest employee count at Covvalent is 16.
Annual revenue of Covvalent is $352.69K as on Mar 31, 2023.
Founded in 2022 and based in Lewes, United States, Covvalent operates as an online marketplace in the specialty chemicals sector. Procurement and distribution processes are streamlined for buyers through access to products from verified suppliers, along with transparent pricing and real-time inventory checks. Technical support is offered, while suppliers benefit from expanded market access and analytical insights derived from platform data.
Covvalent's top competitors include Knowde, BluePallet and SimpleTrade.
Covvalent offers Oleochemicals and Custom Manufacturing.
Covvalent has 9 investors. Key investors include Nexus Venture Partners, Vishal Chaudhary, Ramakant Sharma, Rajesh Yabaji, and Rehan khan.