Insights

Blockchain Adoption Focus Covalent specializes in bridging centralized databases with distributed blockchain technologies, offering potential for sales opportunities in industries such as finance, retail, and identity management eager to leverage blockchain's security and decentralization.

Rapid Market Growth With recent product launches like the Ethereum Wayback Machine Light Client Testnet and a strategic funding round of five million dollars, Covalent is scaling quickly and presents prospects for enterprise solutions seeking blockchain data infrastructure and secure data management.

AI and Blockchain Synergy The company's involvement with artificial intelligence tokens and AI-focused infrastructure creates avenues for selling integrated solutions that combine blockchain data platforms with AI applications for innovative industry use cases.

International Expansion Funding is allocated toward expanding operations in Asia, indicating opportunities to target regional enterprises and government agencies interested in blockchain infrastructure and data security solutions in emerging markets.

Financial and Market Presence Covalent's substantial revenue within the $50M-$100M range, along with active investor backing and ongoing product innovation, signals a stable platform ready for sales efforts aimed at enterprise clients seeking reliable blockchain data services.

Covalent Tech Stack

Covalent uses 8 technology products and services including Facebook Pixel, Microsoft Clarity, DatoCMS, and more. Explore Covalent's tech stack below.

  • Facebook Pixel
    Analytics
  • Microsoft Clarity
    Analytics
  • DatoCMS
    Content Management System
  • Hugo
    Page Builders
  • HSTS
    Security
  • shadcn/ui
    UI Frameworks
  • YouTube
    Video Players
  • HTTP/3
    Web & Portal Technology

Media & News

Covalent's Email Address Formats

Covalent uses at least 1 format(s):
Covalent Email FormatsExamplePercentage
First@covalenthq.comJohn@covalenthq.com
48%
FirstL@covalenthq.comJohnD@covalenthq.com
2%
Middle@covalenthq.comMichael@covalenthq.com
2%
First@covalenthq.comJohn@covalenthq.com
48%

Frequently Asked Questions

Where is Covalent's headquarters located?

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Covalent's main headquarters is located at Vancouver, British Columbia Canada. The company has employees across 6 continents, including North AmericaAsiaAfrica.

What is Covalent's stock symbol?

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Covalent is a publicly traded company; the company's stock symbol is CQTUSD.

What is Covalent's official website and social media links?

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Covalent's official website is covalenthq.com and has social profiles on LinkedInCrunchbase.

What is Covalent's NAICS code?

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Covalent's NAICS code is 5112 - Software Publishers.

How many employees does Covalent have currently?

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As of February 2026, Covalent has approximately 47 employees across 6 continents, including North AmericaAsiaAfrica. Key team members include Ceo: G. S.Cfo & Coo: I. A. J.Cto: L. A.. Explore Covalent's employee directory with LeadIQ.

What industry does Covalent belong to?

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Covalent operates in the Software Development industry.

What technology does Covalent use?

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Covalent's tech stack includes Facebook PixelMicrosoft ClarityDatoCMSHugoHSTSshadcn/uiYouTubeHTTP/3.

What is Covalent's email format?

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Covalent's email format typically follows the pattern of First@covalenthq.com. Find more Covalent email formats with LeadIQ.

How much funding has Covalent raised to date?

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As of February 2026, Covalent has raised $15M in funding. The last funding round occurred on May 17, 2021 for $2M.

When was Covalent founded?

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Covalent was founded in 2018.

Covalent

Software DevelopmentBritish Columbia, Canada11-50 Employees

Covalent is a technology company that is solving the huge infrastructure problems inhibiting blockchain adoption. Our solution bridges the entrenched world of centralized databases with the new world of distributed blockchain technologies.

Blockchains provide a new frontier of development for enterprises, consumers and software developers. Due to its decentralized architecture, immutable ledger and highly secure framework, applications of the technology will impact industries ranging from finance and retail to personal identity and cryptocurrency. Covalent's solution will exponentially increase access to and adoption of distributed blockchain technologies for enterprise and consumer use cases.

The first version of Covalent was built in a weekend at a distributed systems hackathon in the fall of 2017. After winning the hackathon, we decided to turn it into a hosted service and start commercialization.

Our team is comprised of industry veterans in database and distributed systems. Covalent is funded by leading venture investors, with over a decade of expertise building and scaling technology companies.

We are hiring for a number of positions. Covalent is small, so everyone will have a huge impact. With only a handful of people we are already processing hundreds of millions of transactions. Open job postings here: https://www.covalenthq.com/about/careers/

Section iconCompany Overview

Headquarters
Vancouver, British Columbia Canada
Stock Symbol
CQTUSD
NAICS Code
5112 - Software Publishers
Founded
2018
Employees
11-50

Section iconFunding & Financials

  • $15M

    Covalent has raised a total of $15M of funding over 3 rounds. Their latest funding round was raised on May 17, 2021 in the amount of $2Mas a strategic funding round.

  • $50M$100M

    Covalent's revenue is estimated to be in the range of $50M$100M

Section iconFunding & Financials

  • $15M

    Covalent has raised a total of $15M of funding over 3 rounds. Their latest funding round was raised on May 17, 2021 in the amount of $2Mas a strategic funding round.

  • $50M$100M

    Covalent's revenue is estimated to be in the range of $50M$100M

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