Covalo
Latest round
- Seed
Last raised
- Apr 2026
Total raised
- $4M
Investors
- 3
About Covalo
Based in Zurich, Switzerland, and co-founded by Timo von Bargen (CEO) and Yann Chilvers in 2021, Covalo AG operates as a software development company offering a data platform for the consumer goods industry. The firm has helped formulators from more than 5,000 brands such as Clariant, Revlon, Stephenson, Lush, L’Oréal, and Drunk Elephant across 140 countries, etc. The company offers a personal care ingredients platform that enables brands and companies to find ingredient data and connect, collaborate, and transact with the right ingredients, packaging, and service suppliers. The firm as of March 2023, has over 75,000 beauty ingredients listings from more than 1,000 suppliers listed in the platform. The company generates revenue primarily through subscription-based access to its data platform and enterprise solutions for brands and suppliers. Additional revenue is derived from supplier visibility services and premium data-driven tools that support formulation, compliance and sourcing decisions.
Who invested in Covalo
3 investors across 1 round
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Funding rounds
Seed
Apr 2, 2026
Amount
$4M
Investors
Questions about Covalo
Who invested in Covalo?
Covalo has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Covalo raised?
Covalo has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Covalo last raise money?
Covalo's most recent round on record is a Seed, in Apr 2026.
What does Covalo do?
Based in Zurich, Switzerland, and co-founded by Timo von Bargen (CEO) and Yann Chilvers in 2021, Covalo AG operates as a software development company offering a data platform for the consumer goods industry.
Where is Covalo headquartered?
Covalo is headquartered in Zurich, Switzerland.
Which VCs invest in companies like Covalo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Covalo's stage. Their profiles are linked below.
VCs backing software startups at Seed
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