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Covariant Stock and Valuation

Computer Hardware
Year Founded
Emeryville, CA

Covariant Valuation Estimate

Based on UpMarket valuation model
$674.43 million

Covariant Valuation as of Last Funding Round

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

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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 $674.43 million, each share of Covariant stock would be worth $2.70.

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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

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