Covariant has raised $222M across 3 funding rounds, plus 2 undated rounds. The company is valued at $625M.
Covariant raised $20 million in its Series A and $40 million in a May 2020 Series B led by Index Ventures, then added $80 million in Series C funding in 2021 and $75 million more in April 2023, bringing total funding to $222 million. Its 2023 funding round valued the company at $625 million.
3 funding rounds, the latest highlighted.
Covariant was founded in 2017, United States.
No date is disclosed for this round.
A primary round — the company sells new shares to investors it selects. $40M raised, led by Index Ventures.
A primary round — the company sells new shares to investors it selects. $80M raised, led by Index Ventures.
No filing has been made.
3 dated rounds, newest first.
Index VenturesLEAD
Radical VenturesLEAD
Canada Pension Plan Investment BoardGGates Frontier HoldingsAAIX VenturesNNorthgate Capital
TemasekLead investors for each round are in the funding timeline.
The routes section explains what is realistically available for a company at this stage.
No. Covariant is a private company; its shares do not trade on a public exchange.
The last valuation is $625M.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
