Covariant
PrivateLast Round
Series C
Extension
Apr 4, 2023
Est. Valuation
$625M
Total Funding Raised
$249M
Momentum
Top 50%
of companies Caplight tracks
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 Comparables
Compare Covariant with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| RightHand Robotics | 88% | |
| PlusOne Robotics | 86% | |
| Nomagic | 85% |
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 |
|---|---|
| Human Capital | Series C |
| 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 |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 21, 2026
Monthly visitors increased 59% MoM.
- May 11, 2026
Monthly visitors increased 80% MoM.
Covariant Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Covariant's valuation, stock price, and market status.
Is Covariant a public or private company?
Covariant is a private company.
What is the current stock price of Covariant?
Covariant is a private company with no public stock price. No recent secondary market data is available.
How much is Covariant worth (valuation)?
Covariant's valuation is estimated at $625.0M based on funding round data.
Can I buy Covariant stock?
Covariant shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Covariant's last funding round?
Covariant's most recent funding round was Series C Extension on April 4, 2023.
Who are the main investors in Covariant?
Key investors in Covariant include Amplify Partners, Index Ventures, Radical Ventures.
Will Covariant IPO soon?
No public IPO plans have been announced for Covariant.
How can I track Covariant secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Covariant's secondary market activity and sign up for updates.