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Covalent

Covalent

Private
VancouverCrypto & Web3https://www.covalenthq.com/

Last Round

Strategic

Jun 26, 2024

Total Funding Raised

$10.1M

Company Overview

Covalent is a blockchain technology company that provides a modular data infrastructure layer for blockchain and AI, offering a unified API that aggregates and indexes data from over 100 blockchains.

Sector

Crypto & Web3

Verticals

Blockchain Infrastructure, API Management, Cross-Chain, DeFi

Business Model

B2B

Customer Profile

Usage-Based SaaS, Data as a Service

AI Layer

Infrastructure

Keywords

blockchain datablockchain indexingAPIcrypto indexermulti-chain dataweb3 infrastructureblockchain explorerdata as a serviceon-chain datadecentralized infrastructureblockchain analyticscrypto data providerusage-based billingAI agent toolsblockchain node

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Covalent Comparables

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Covalent Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicJun 26, 2024
Token SaleApr 29, 2021
StrategicMar 24, 2021
SeedSep 10, 2020

Key People

Founding team and executive leadership

Ganesh Swami

CEO

Executive Team

Indra Adrian Jonklaas

CFO COO

Executive Team

Covalent Investors

Notable investors and investment history

Covalent investors
InvestorRounds
AU21 CapitalSeed
Woodstock FundSeed
Alameda ResearchSeed
Moonrock CapitalStrategic
Moonbeam Capital InvestmentsStrategic
CMCC GlobalStrategic
Avalanche FoundationStrategic

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 23, 2025

    Added Droppe Oy, an e-commerce and industrial distribution startup.

  • Aug 18, 2025

    Launched the Mindshare Leaderboard on WallChain to reward contributors.

Covalent Filings

SEC and related filings with document metadata.

Data table
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Covalent Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Covalent's valuation, stock price, and market status.

Firmographic Details

HeadquartersVancouver
Employee Range47
Year Founded2018
Last FundingJun 26, 2024

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