Coval
PrivateLast Round
Series A
Jun 24, 2026
Total Funding Raised
$31.3M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Coval is a developer of a simulation and evaluation platform for autonomous AI agents, specifically designed for voice and chat applications. The company's technology, inspired by testing methodologies from the autonomous vehicle industry at Waymo where the founder previously worked, enables engineering and product teams to automate testing and validate agent behavior. The platform allows users to simulate thousands of scenarios, create custom metrics, trace workflows, and integrate with CI/CD pipelines to detect regressions and ensure reliability before deployment. Coval aims to provide the essential infrastructure for companies to build and deploy AI agents with confidence, transforming agent testing from a manual challenge into a competitive advantage.
Sector
AI, Data & Cloud Infrastructure
Verticals
ML Platforms, NLP & Conversational AI, Quality Management, DevOps & Containers
Business Model
B2B
Customer Profile
Subscription SaaS, Freemium
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Coval Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Coval Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jun 24, 2026 | ||||
| Seed | Jan 23, 2025 |
Coval Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Pioneer Fund | Seed |
| Fortitude Ventures | Seed |
| Norwest Venture Partners | Series A |
| General Catalyst | Seed |
| Y Combinator | Seed, Series A |
| MaC Venture Capital | Series A, Seed |
| Lombardstreet Ventures | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 1, 2026
Grew 25% QoQ, from 20 to 25 employees.
- Jun 24, 2026
$28M round led by Norwest Venture Partners.
Coval Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Coval's valuation, stock price, and market status.