Covariant
PrivateLast Round
Series C
Extension
Apr 4, 2023
Est. Valuation
$625M
Total Funding Raised
$249M
Company Overview
Covariant is an artificial intelligence and robotics company that provides an AI platform, the Covariant Brain, to power industrial robots for warehouse automation tasks.
Sector
Frontier & Industrial Tech
Verticals
Warehouse Automation, Industrial Robotics, ML Platforms
Business Model
B2B
Customer Profile
Hardware + Subscription, Services & Consulting, Usage-Based SaaS
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Covariant 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 |
Covariant Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C Extension | Apr 4, 2023 | ||||
| Series C | Jul 27, 2021 | ||||
| Series B | May 6, 2020 | ||||
| Series A | Jan 15, 2019 | ||||
| Seed | Nov 8, 2017 |
Covariant Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Slow Ventures | Series A |
| CPP Investments | Series C Extension, Series C |
| Temasek | Series C |
| SV Angel | Seed |
| Great Oaks Venture Capital | Series A |
| Bollinger Investment Group | Series B |
| B Capital Group | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- May 11, 2026
Monthly visitors increased 80% MoM.
- Jan 21, 2026
Monthly visitors increased 1257% MoM to 3.8K.
Covariant 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 Covariant's valuation, stock price, and market status.