Covalent
The data infrastructure for the onchain economy. Verified data across 100+ chains.
46 employees · est. 2018 · Canada
Bitex Exchange is the older company (2018 vs 1996); Covalent is the larger of the two.
Side-by-Side Comparison
| Metric | Covalent | Bitex Exchange |
|---|---|---|
| Founded | ||
| Founded | 2018 | 1996 older |
| Headquarters | ||
| Headquarters | Canada | Mumbai, India |
| Employees | ||
| Employees | 46 larger | 5 |
| Industry | ||
| Industry | Blockchain, Fintech, Information Technology | Internet, Telecom |
| Funding Stage | ||
| Funding Stage | Unknown | Series Unknown |
| Total Funding | ||
| Total Funding | $35.10M | $9.30M |
| Funding Rounds | ||
| Funding Rounds | 7 | 1 |
| Services | ||
| Services | Unified Onchain Data, Data Structuring and Verification, Multichain Data Indexing, API for Blockchain Data, Real-time and Historical Data Delivery | Not tracked yet |
| Target Customers | ||
| Target Customers | Developers, Blockchain Applications, AI and Autonomous Systems, DeFi Platforms, Financial Services Moving Onchain | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Blockchain Technology, Distributed Ledger Technology, Read-Scalability, Unified API, Data Infrastructure, Enterprise Blockchain Solutions, Cryptocurrency Data, Database Scalability, Blockchain Analytics, Ethereum Data, Startup And Commercialization, Venture Investment, Developer Ecosystem, Technology Commercialization, Transaction Processing | Digital Currency Exchange, Blockchain Technology, Professional Trading Platform, Cryptocurrency, Investing, Trading Tools, Government Integration, Digital Assets, Internet Services, Voice Over Internet Protocol, Bulgaria, EuroCapital BITEX AD |
| Website | ||
| Website | covalenthq.com | bitex.com |
About Covalent
Covalent is a pioneering technology company addressing critical infrastructure challenges that hinder blockchain adoption. By merging centralized databases with burgeoning blockchain technologies, Covalent is poised to transform sectors such as finance, retail, and personal identity. The company's f...
About Bitex Exchange
EuroCapital BITEX is a digital currency exchange and professional trading platform operating in the United Arab Emirates and India. Founded in 2018, Bitex recognized the growing need for such a platform in one of the world's fastest-growing regions. It caters to both novice and experienced investors...
We will tell you when either one moves
BounceWatch watches Covalent and Bitex Exchange for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Covalent and Bitex Exchange — by email.
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Compiled from the BounceWatch company index. We last looked at Covalent on 14 Apr 2026, and Bitex Exchange on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.