Covariant's logo

Covariant Stock and Valuation

Computer Hardware
Year Founded
2017
Headquarters
Emeryville, CA
Employees
158

Covariant Valuation Estimate

Based on UpMarket valuation model
$599.66 million

Covariant Valuation as of Last Funding Round

As of 04/04/23, according to PitchBook Data, Inc.
$625.00 million

Want to buy Covariant stock?

I am an accredited investor and understand that UpMarket has a minimum investment of $50,000.
People like you have invested
over $150 million with UpMarket

Covariant Company Overview

Covariant is at the forefront of the automation industry, leveraging advanced AI to transform warehouse operations. Founded by some of the world's leading AI research scientists, Covariant's technology, known as the Covariant Brain, is trained on millions of picks from robots in warehouses globally. This enables their robots to autonomously handle virtually any SKU or item from day one. Covariant's solutions are designed to be flexible and scalable, addressing the dynamic needs of businesses and allowing for seamless integration with any provider. Their technology supports a wide range of applications, including high-speed sortation, automated induction, robotic picking, and kitting, making it possible for companies to automate multiple use cases across multiple facilities. Covariant's innovative approach helps businesses address fluctuating demand, fill labor gaps, and integrate robotic automation into their fulfillment and distribution center operations efficiently

Covariant Valuation History

Covariant Stock Price

The stock price of Covariant can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.

For illustrative purposes, however, assuming Covariant has issued 250 million shares, at the estimated UpMarket valuation of $599.66 million, each share of Covariant stock would be worth $2.40.

Buy Covariant Stock

If you would like to buy shares in Covariant, please provide your information in the form at the top of this page and click the button titled “I want to buy this stock.”

One of our investor relations team members will contact you to discuss Covariant stock availability. Note: inquiries are non-binding and shares may only be purchased by accredited investors that meet all eligibility criteria.

UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Covariant as well.

Covariant Management

Name Position
Peter Chen CEO
Rocky Duan CTO

Covariant Company News

Covariant Investors

Plug and Play Tech Center

SV Angel

Index Ventures

Temasek Holdings

Industry Ventures

Lux Capital

Samsung NEXT Ventures

A.Capital Ventures

Covariant Related Companies

About UpMarket

UpMarket's mission is to unlock the private markets for individual investors.

We provide access to a range of asset classes and investment strategies that span private equity, hedge funds, crypto, real estate, and other alternative assets.

The problem

Historically, accessing private market investments had these challenges:
  • A large barrier to entry due to high investment minimums
  • Time-intensive because sourcing deals is a lot of work even if you’ve got a great network, and
  • Costly because of investment-related diligence costs, paperwork, and legal fees

The solution

UpMarket works to address these barriers for individual investors by:
  • Offering lower investment minimums
  • Sourcing and conducting diligence on opportunities for investors, empowering them to pick and choose from pre-screened opportunities
  • Making the investment process entirely digital, straightforward, and easy to manage from a single portal
Individuals like you have invested over $150 Million with UpMarket.

UpMarket Investment Curation Process

Upmarket curates and conducts diligence on every investment opportunity we offer.

We review every offering’s strategy, risk management, liquidity management, fees and expenses, valuation methodology, tax matters, as well as the fund’s third-party providers including legal counsel, auditor, administrator, and custodian.

We aim to offer our clients investments from disciplined managers that pursue unique strategies across an array of asset classes.

Our goal is to empower you to build a portfolio that best meets your individual Investment objectives.

Unlock the private markets today, with UpMarket.