Covariance: Funding, Investors & Team (Sep 2026)
Covariance is a AI driven business analytics company that offers performance insights by combining machine learning with external data.
Covariance has raised $11.0M across 1 funding round on record, the most recent an undisclosed round of $11.0M announced in Mar 2026.
That round is above the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Covariance Company Profile and Key Stats
Latest funding round on record: Mar 2026.
Covariance Funding Rounds
Covariance Founders and Leadership Team
Contact details for the Covariance team: 1 has a LinkedIn profile.
Start 14-day free trial →Covariance Funding Compared to Other Artificial Intelligence Startups
Covariance's latest round of $11.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Covariance Funding FAQs
What does Covariance do?
Covariance is a AI driven business analytics company that offers performance insights by combining machine learning with external data.
How much funding has Covariance raised?
Covariance has raised $11.0M across 1 round on record. The most recent is an undisclosed round of $11.0M announced in Mar 2026.
When did Covariance last raise funding?
Covariance's most recent funding round on record is an undisclosed round of $11.0M, announced in Mar 2026.
Who founded Covariance?
FundedIQ lists Michael Fleder (Founder) at Covariance.
Where is Covariance headquartered?
Covariance is based in New York, New York, United States.
How many employees does Covariance have?
Covariance is in the 11-50 employee band.
How does Covariance's funding compare to other Artificial Intelligence startups?
Covariance's latest round of $11.0M is above the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.
About FundedIQ's Covariance 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 Covariance is left off this page rather than filled in.
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