When was Covalent Data founded?

Covalent Data was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is Covalent Data located?

Covalent Data is headquartered in Denver, United States.

Is Covalent Data a funded company?

Covalent Data is a funded company, having raised a total of $4.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 28, 2012.

When was the latest funding round of Covalent Data?

Covalent Data's latest funding was a $***** Series A round on Apr 07, 2016, with participation from 1 investor. Its primary sector is Life Sciences Tech. In United States, the Life Sciences Tech sector has seen $3.47B in funding in 2026 to date.

Where does Covalent Data rank among its competitors?

Covalent Data ranks 29th amongst 107 active competitors, of which 17 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Consensus, which secured $29.7M in Apr, 2026.

Who are the top competitors of Covalent Data?

Covalent Data's top competitors include ResearchGate, Academia and Consensus. Among them, Consensus secured the most recent funding round in April, 2026.

Covalent Data - 2026 Company Profile, Team, Funding & Competitors

Company Details

Innovation management platform powering the entire innovation lifecycle, from concept to commercialization. This is a comprehensive innovation search platform that empowers visionaries, researchers, and innovators to transform ideas into impactful solutions. It offers purpose-built software solutions for tech scouting, tech transfer, intellectual property management, portfolio management, and innovation management. The platform provides tools for organizations to drive innovation forward, offering insights and opportunities for growth. It serves various industries, including industrial manufacturing, CPG, defense, aerospace, and chemical services. The platform connects all moving parts of the innovation lifecycle to deliver efficiencies that supercharge innovation and drive opportunities by orchestrating the entire innovation lifecycle.

Website: covalentdata.com
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Email ID: *****@covalentdata.com
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Key Metrics

Founded Year

2011

Location

Denver, United States

Stage

Acquired

Total Funding

$4.8M in 3 rounds

Latest Funding Round

Series A, Apr 07, 2016, $*****

Investors

High Country Ventures & 1 more

Ranked

29^th among 107 active competitors

Similar Companies

ResearchGate & 141 more

Exit Details

Acquired by Wellspring (Jul 10, 2017)

View Covalent Data's full profile

Covalent Data got acquired by Wellspring on Jul 10, 2017.

Click here to take a look at Covalent Data's acquisition in detail

Covalent Data has raised a total funding of $4.8M over 3 rounds. Its first funding round was on Jun 28, 2012. Its latest funding round was a Series A round on Apr 07, 2016 for $*****. 1 investor participated in its latest round. Covalent Data has 2 institutional investors.

Here is the list of recent funding rounds of Covalent Data:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 07, 2016	7913013	Series A	6682153	2344476	9133051	5258699
Nov 20, 2013	3003931	Series A	7675161	9855534	8260814	8954127
Jun 28, 2012	2816691	Seed	3822829	6569501	5833588	2089869

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View details of Covalent Data's funding rounds and investors

The founders of Covalent Data are Kevin Cawley, Aaron Schram and Adam Rubenstein.

Here are the details of Covalent Data's key team members:

Kevin Cawley: Co-Founder of Covalent Data and founder of 2 other companies, Giveo and Birdbox.
Aaron Schram: Co-Founder & CTO of Covalent Data and founder of 1 other company.
Adam Rubenstein: Co-Founder of Covalent Data.
Matt Brewer: CEO of Covalent Data.

View details of Covalent Data's Founder profiles and Board Members

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Top competitors of Covalent Data include ResearchGate, Academia and Consensus. Here is the list of Top 10 competitors of Covalent Data, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ResearchGate 2008, Berlin (Germany), Series D	Online community for scientists	$87.6M	Tenaya Capital, Four Rivers Group & 26 others	74/100
2nd	Academia 2008, San Francisco (United States), Series D	Social knowledge sharing platform for research scholars	$58.4M	Tencent, SPARK Ventures & 16 others	74/100
3rd	Consensus 2020, Boston (United States), Series C	Provider of an AI-enabled search tool for research purposes	$48.9M	Draper, Union Square Ventures & 13 others	57/100
4th	Research Solutions 2006, Henderson (United States), Public	Provider of AI-powered research workflow solutions, simplifying information access and management for academic institutions, life science companies, and research organizations.	$12.1M	Europa	57/100
5th	Juisci 2021, United States, Seed	AI-based clinical research educational platform for healthcare researchers	$6.5M	Ring Capital, Big Pi Ventures & 1 others	55/100
6th	Authorea 2012, New York City (United States), Acquired	Collaborative platform for research and learning	$2.11M	Lux Capital, ff Venture Capital & 6 others	53/100
7th	Gcore 2011, Contern (Luxembourg), Series A	Platform for collaborating learning and resource sharing for researchers	$60M	Wargaming, Northern Data & 2 others	51/100
8th	Alucio 2019, San Francisco (United States), Acquired	Provider of platform for the exchange of scientific knowledge	$4.15M	-	49/100
9th	RESEARCHER 2017, London (United Kingdom), Funding Raised	Online publication directory for researchers	-	Blenheim Chalcot	47/100
10th	AcademicLabs 2015, Ghent (Belgium), Funding Raised	Online platform to find scientific information and research groups	-	BioVaria, Birdhouse	44/100
29th	Covalent Data 2011, Denver (United States), Acquired	Innovation management platform powering the entire innovation lifecycle, from concept to commercialization	$4.8M	Blue Note Ventures, High Country Ventures	32/100