Covvalent is a platform that aims to disrupt the global $800B specialty chemicals industry by helping buyers source the majority of their raw materials of required quality and within promised timelines. Our approach leverages technology at three stages of buyers' and suppliers’ interaction journey – discovery, onboarding, and transaction.
Covvalent is led by a solid operating team of ex-consultants, engineering leads, and operators from Harvard Business School, IIT, and IIM, with combined experiences of 50+ years in various fields of business. We are backed by one of the Tier 1 venture capital funds globally and several angels active in the B2B and specialty chemicals space.
Covvalent is led by a solid operating team of ex-consultants, engineering leads, and operators from Harvard Business School, IIT, and IIM, with combined experiences of 50+ years in various fields of business. We are backed by one of the Tier 1 venture capital funds globally and several angels active in the B2B and specialty chemicals space.
Location: United States, Delaware, Lewes
Employees: 1-10
Total raised: $4.21M
Founded date: 2022
Investors 1
| Date | Name | Website |
| - | Escape Vel... | escp.vc |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 02.12.2022 | Seed | $4.21M | Nexus Vent... |
Mentions in press and media 2
| Date | Title | Description |
| 14.08.2024 | Chemical sourcing and production platform Scimplify raised $9.5 M Series A funding | With the help of Omnivore, Bertelsmann India Investments, and current investors 3one4 Capital and Beenext, Scimplify, a platform for the sourcing and production of specialty chemicals, has raised $9.5 million in its Series A round. The comp... |
| - | Covvalent | “Source specialty chemicals directly from Indian manufacturers using Covvalent. We are your one stop shop for all chemical raw materials.” |