Covalo: Funding, Investors & Team (Sep 2026)
Covalo™ is revolutionizing the process of developing formulation-driven products in the massive consumer goods industry worth three trillion euros. This innovative platform enables brands to substantially cut down their time to market by providing a one-stop-shop for ingredient and packaging scouting, collaborative project work, and purchasing. Covalo currently stands as one of the biggest search platforms for beauty ingredients in the world, effectively linking beauty brands with suppliers of ingredients, packaging, and services like regulatory compliance, contract manufacturing, formulation, and testing. Additionally, Covalo empowers suppliers with essential industry insights and marketing tools. Founded in 2021, Covalo is headquartered in Switzerland.
Covalo has raised $4.0M across 2 funding rounds on record, the most recent a Seed of $4.0M announced in Apr 2026.
That round is above the $3.5M median round size for Consumer Goods companies tracked on FundedIQ over the last two years.
Covalo Company Profile and Key Stats
Latest funding round on record: Apr 2026.
Covalo Funding Rounds
1 of 2 rounds was announced without a disclosed amount and is excluded from the total.
Covalo announced a Seed in Mar 2023; the amount was not disclosed.
3.1 years later, a Seed of $4.0M was announced in Apr 2026.
Covalo Founders and Leadership Team
No contact details are on record for this team yet.
Covalo Funding Compared to Other Consumer Goods Startups
Covalo's latest round of $4.0M is above the median round in Consumer Goods. Medians cover the last 24 months of disclosed rounds.
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Covalo Funding FAQs
What does Covalo do?
Covalo™ is revolutionizing the process of developing formulation-driven products in the massive consumer goods industry worth three trillion euros. This innovative platform enables brands to substantially cut down their time to market by providing a one-stop-shop for ingredient and packaging scouting, collaborative project work, and purchasing. Covalo currently stands as one of the biggest search platforms for beauty ingredients in the world, effectively linking beauty brands with suppliers of ingredients, packaging, and services like regulatory compliance, contract manufacturing, formulation, and testing. Additionally, Covalo empowers suppliers with essential industry insights and marketing tools. Founded in 2021, Covalo is headquartered in Switzerland.
How much funding has Covalo raised?
Covalo has raised $4.0M across 2 rounds on record. The most recent is a Seed of $4.0M announced in Apr 2026.
When did Covalo last raise funding?
Covalo's most recent funding round on record is a Seed of $4.0M, announced in Apr 2026.
Who founded Covalo?
FundedIQ lists Yann Chilvers (Founder) at Covalo.
Who is the CEO of Covalo?
Timo Von Bargen is listed as CEO at Covalo.
Where is Covalo headquartered?
Covalo is based in Zürich, Zurich, Switzerland.
How many employees does Covalo have?
Covalo is in the 11-50 employee band.
How does Covalo's funding compare to other Consumer Goods startups?
Covalo's latest round of $4.0M is above the $3.5M median round size for Consumer Goods companies on FundedIQ across 465 tracked companies over the last two years.
About FundedIQ's Covalo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Covalo is left off this page rather than filled in.
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