The company is pivoting from an ingredient discovery marketplace to a central data backbone for the industry. Existing investors participated in the round.
About Covalo
A Switzerland-based platform for ingredient discovery and data management in the personal care industry, enabling structured data exchange, regulatory workflows, and supplier-brand collaboration.
Zurich, Switzerland
Read Company ProfileFrequently Asked Questions
How much did Covalo raise in its ?
Covalo raised $3,500,000 EUR in its .
Who invested in Covalo's ?
The investors in Covalo's are: Hi Inov, High-Tech Gründerfonds (HTGF), seed + speed Ventures.
How will Covalo use the funds from its ?
Covalo plans to use the funds for: expand enterprise offering in key markets, launch new AI-powered features, further develop the technical platform, build tools for conversation analysis, automate handling of requests and tenders, capture data and check it against regulatory requirements, add features for centralized product and master data management.