Insights

Acquisition history CovalentWorks was acquired by SPS Commerce in 2018 for approximately 20 million in cash plus 3 million in stock, indicating the company has legacy assets and potential integration value within a larger distribution and e-commerce ecosystem.

Small scale operation With a lean team of 11-50 employees and revenue under 1 million, CovalentWorks represents a boutique, potentially underpenetrated market entrant that may benefit from scalable software solutions and services to drive growth.

Tech stack fit Active use of ecommerce and marketing tech such as Shopify, AdRoll, Demandbase, Pardot, and analytics tools suggests readiness for conversions, lead generation improvements, and integrated marketing automation opportunities.

Market alignment Operating in Information Technology and Services with peers in mid-market commerce integrations shows opportunity to position as a complementary provider for mid-market retailers needing ERP/OMS integrations and channelization.

Growth potential Low revenue and recent acquisition history imply potential for cross-sell or upsell within an SPS Commerce ecosystem, especially around data enrichment, CRM/marketing automation, and B2B e-commerce capabilities.

Similar companies to CovalentWorks

CovalentWorks Tech Stack

CovalentWorks uses 8 technology products and services including AdRoll, Demandbase, Hotjar, and more. Explore CovalentWorks's tech stack below.

CovalentWorks's Email Address Formats

CovalentWorks uses at least 1 email format:
CovalentWorks Email FormatsExamplePercentage
FLast@covalentworks.comJDoe@covalentworks.com
100%

Frequently Asked Questions

What is CovalentWorks's phone number?

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You can contact CovalentWorks's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

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

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CovalentWorks's official website is covalentworks.com and has social profiles on LinkedIn.

How much revenue does CovalentWorks generate?

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As of July 2026, CovalentWorks's annual revenue is estimated to be <$1M.

What is CovalentWorks's NAICS code?

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CovalentWorks's NAICS code is 5415 - Computer Systems Design and Related Services.

How many employees does CovalentWorks have currently?

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As of July 2026, CovalentWorks has approximately 11 employees across 2 continents, including North America and Asia. Key team members include Client Service Lead: L. T. Explore CovalentWorks's employee directory with LeadIQ.

What industry does CovalentWorks belong to?

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CovalentWorks operates in the Information Technology and Services industry.

What technology does CovalentWorks use?

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CovalentWorks's tech stack includes AdRoll, Demandbase, Hotjar, Linkedin Insight Tag, Microsoft Clarity, Shopify, ZoomInfo and Pardot.

What is CovalentWorks's email format?

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CovalentWorks's email format typically follows the pattern of FLast@covalentworks.com. Find more CovalentWorks email formats with LeadIQ.
CovalentWorks logo

CovalentWorks

Information Technology and Services11-50 Employees

CovalentWorks operates in the IT services and IT consulting space, delivering technology-focused support to organizations. Described as a small- to mid-sized firm, it appears to operate with a focused team. Details about its location or founding date are not provided in the material.

The materials do not specify the company's customer segments or the specific problems it addresses. This history includes a December 2018 acquisition by SPS Commerce, under which substantially all of CovalentWorks' assets were purchased for about $20 million in cash and $3 million in stock. The acquisition is the notably documented development in CovalentWorks' corporate history.

Section iconCompany Overview

Phone number
NAICS Code
5415 - Computer Systems Design and Related Services
Employees
11-50

Section iconFunding & Financials

  • <$1M

    CovalentWorks's revenue is estimated to be in the range of <$1M

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