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Covalo logo — The data backbone connecting the consumer goods industry.

Covalo

The data backbone connecting the consumer goods industry.

Founded 2021 Switzerland Zurich, Switzerland 30 employees Seed Total: $3.50M Consumer Goods, Food and Beverage +1

General Information

Company Name Covalo
Founded Year 2021
Location Switzerland Zurich, Switzerland
Founders / Decision Makers
Team member Team member
Employees 30
Industries Consumer Goods, Food and Beverage, Sustainability
Funding Stage Seed
Business Model B2B, Platform, Marketplace
Revenue Model Marketplace Fee, Transaction Fee, Subscription
Social

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About Covalo

Covalo is a dynamic innovation in the Consumer Goods and Sustainability sectors, dedicated to expediting the launch of sustainable products. Connecting brands and suppliers, this Swiss-based company integrates technology to drive faster market entry and enhanced collaboration.

Founded in 2021, Covalo leverages a sophisticated data platform to provide significant benefits to both consumer goods brands and suppliers. Brands gain momentum in product innovation, while suppliers improve visibility and business scalability. This strategic approach fosters a collaborative ecosystem, aligning with contemporary demands for sustainability.

The company has recently secured a €3.50M Seed investment, dated 02 April 2026, from prominent investors such as Seed + Speed Ventures, HTGF, and Hi inov. This funding underscores investor confidence in their vision and growth potential, marking a promising phase for accelerating product launches in the competitive consumer goods landscape.

Business keywords: consumer goods innovation, supply chain collaboration, sustainable product development, data platform, beauty ingredient search, supplier connectivity, product formulation, packaging solutions, contract manufacturing, regulatory compliance, real-time industry insights, digital marketplace, online supplier visibility, product lifecycle management, business growth facilitation

Services & Products

It is difficult to determine the core services of the company from the given content.

Target Customers

The information provided does not specify targeted customers or users.

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed €3.50M 3
Seed + Speed Ventures HTGF
Seed + Speed Ventures, HTGF +1
02 Apr 2026
Seed Round Undisclosed 3
Seed + Speed Ventures Gekko Group
Seed + Speed Ventures, Gekko Group +1
17 Mar 2023
Pre Seed Round Undisclosed 1
SICTIC
01 Oct 2021

Latest News

View All
Recap: Europe’s top funding rounds this week (30 March – 5 April) — Thenextweb
Recap: Europe’s top funding rounds this week (30 March – 5 April)
Thenextweb Apr 05, 2026
Covalo lands €3.5M funding extension to advance personal care data platform — Tech
Covalo lands €3.5M funding extension to advance personal care data platform
Tech Apr 02, 2026
Zurich’s Covalo raises €3.5 million to become the data backbone for the personal care industry — Eu-startups
Zurich’s Covalo raises €3.5 million to become the data backbone for the personal care industry
Eu-startups Apr 02, 2026
Covalo raises €3.5M to become the shared data infrastructure for an industry where 80% of products w... — Thenextweb
Covalo raises €3.5M to become the shared data infrastructure for an industry where 80% of products will need reformulating by 2030
Thenextweb Apr 02, 2026

Covalo Alternatives & Competitors

Covalo vs
Provenance
Provenance United Kingdom

Proving product claims your customers and AI find, trust, and choose

48 employees
AI, Blockchain
Compare Covalo vs Provenance

FAQ About Covalo

The data backbone connecting the consumer goods industry.
Covalo was founded in 2021.
Covalo is headquartered in Zurich, Switzerland.
Covalo operates in Consumer Goods, Food and Beverage and Sustainability. Its work centres on consumer goods innovation, supply chain collaboration, sustainable product development and data platform. Its customers include The information provided does not specify targeted customers or users..
Covalo has a B2B, Platform and Marketplace business model. Its revenue comes from Marketplace Fee, Transaction Fee and Subscription.
Covalo has approximately 30 employees.
Covalo has completed 3 funding rounds, raising a total of $3.50M. The latest funding stage is Seed.
Covalo offers: It is difficult to determine the core services of the company from the given content..
Top alternatives and competitors to Covalo include Provenance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Covalo and Provenance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Covalo, https://bouncewatch.com/company/covalo, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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