Covvalent
Helping buyers source the majority of their raw materials of required quality and within promised timelines.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | $4.3m | Seed | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Covvalent is a prominent B2B supply chain solutions provider specializing in the specialty chemicals industry. The company offers tailored solutions that help global suppliers and buyers optimize their operations and achieve their business objectives. Covvalent extends the procurement capabilities of its clients by providing services such as risk assessments, regulatory compliance, technological visibility, and supply base diversification.
Operating in the specialty chemicals market, Covvalent serves a diverse range of clients, including manufacturers and distributors who require high-quality chemical products for various applications. The company leverages cutting-edge technology to fuel innovative solutions, empowering its clients to achieve market leadership.
Covvalent's business model revolves around providing comprehensive supply chain solutions that enhance efficiency and reduce costs. The company makes money by offering a suite of services designed to streamline operations and ensure high-quality product delivery. These services include Covvalent Quality Check (CQC), a three-step process that ensures 99% adherence to customer specifications, and Covvalent Shipment Tracker (CST), an advanced platform that provides real-time tracking of product movement.
By revolutionizing the chemicals supply chain with technological interventions, Covvalent addresses industry challenges and enhances operational efficiency. The company's efficient supply chain design can lead to cost savings of up to 7% for its clients. Covvalent is committed to delivering quality products on time, fostering innovation, and driving future-focused solutions in the specialty chemicals industry.
Keywords: B2B, supply chain, specialty chemicals, risk assessments, regulatory compliance, technology, cost savings, quality control, real-time tracking, innovation.