Covariant, founded in 2017, is a artificial intelligence (AI) company that focuses on developing innovative AI solutions for the robotics industry. Their advanced AI software, known as the Covariant Brain, is designed to empower robots with the ability to learn from experience, adapt to new environments, and perform complex tasks efficiently. By utilizing deep reinforcement learning and other AI techniques, Covariant aims to revolutionize industries such as logistics, warehousing, and manufacturing, where automation can significantly enhance productivity, accuracy, and safety. Covariant is headquartered in Berkeley, California.

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To invest in Covariant pre-IPO

Can you invest in Covariant pre-IPO?

Covariant is a privately held company and is not publicly traded, therefore investing in Covariant pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Covariant before it goes public?

You can seek to sell your shares in Covariant while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Covariant shares?

To determine the value of your Covariant shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Covariant shares. You can also learn more about how to sell your private shares before getting started.

Is Covariant a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about Covariant potential IPO

Will Covariant go IPO?

Covariant has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Covariant’s IPO price?

The Covariant IPO price does not exist at this time, as Covariant is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Covariant register for Forge Markets, today.

When was Covariant founded?

Covariant was founded in 2017.

What is Covariant funding to date?

Covariant has raised $221.74MM to date.

Covariant Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/04/2023 Series C-1 $75MM $xx.xx $618.03MM Aix Ventures, Amplify Partners, Canada Pension Plan Investment Board, Gates Frontier Holdings, Index Ventures, Northgate Capital, Radical Ventures
Price per Share
$xx.xx
Shares Outstanding
4,675,274
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aix Ventures, Amplify Partners, Canada Pension Plan Investment Board, Gates Frontier Holdings, Index Ventures, Northgate Capital, Radical Ventures
07/27/2021 Series C $80MM $xx.xx $516.69MM Amplify Partners, Index Ventures, Radical Ventures
Price per Share
$xx.xx
Shares Outstanding
4,986,953
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplify Partners, Index Ventures, Radical Ventures
05/06/2020 Series B $39.93MM $xx.xx $237.36MM Amplify Partners, Index Ventures, Radical Ventures
Price per Share
$xx.xx
Shares Outstanding
4,668,449
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplify Partners, Index Ventures, Radical Ventures
01/15/2019 Series A $19.81MM $xx.xx $139.25MM Amplify Partners
Price per Share
$xx.xx
Shares Outstanding
2,613,668
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Amplify Partners
11/13/2017 Series Seed $7MM $xx.xx $28MM 11.2 Capital, A.Capital, Amplify Partners, Frees, Lux Capital, Sv Angels
Price per Share
$xx.xx
Shares Outstanding
3,818,247
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
11.2 Capital, A.Capital, Amplify Partners, Frees, Lux Capital, Sv Angels
Updated on: Dec 25, 2024

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