# Covvalent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/covvalent

- Industry: Internet
- Headquarters: Lewes, US
- Website: www.covvalent.com
- Total disclosed funding: $4.3M
- Latest round: Seed (Nov 28, 2022)
- Investors on record: 1

## About

Based in Delaware, US, and founded in 2022 by Sandeep Singh and Arush Dhawan, AT7 Technologies Inc., a.b.a. Covvalent is a specialty chemicals company that provides a range of pigments, resins, additives, binders, and polymers across multiple industries. In November 2022, Covvalent raised USD 4.3 million in seed funding led by Nexus Venture Partners, with participation from individual investors.

The company provides a digital platform to disrupt the specialty chemicals industry by helping buyers source most of their raw materials of required quality within timelines. Covvalent utilizes technology at different stages of sellers’ and buyers’ interaction journey, such as discovery, onboarding, and transaction to offer a wide range of specialty chemicals, such as pigments, resins, additives, binders, and polymers.

Covvalent plans to use its proceeds from November 2022 funding to build its product and business teams and enhance its technology tools to ensure a precise match between customer specifications and a supplier’s output.

## Funding rounds

- Seed, Nov 28, 2022, $4.3M — Nexus Venture Partners

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed