FundedIQ
Aerospace

Covenant: Funding, Investors & Team (Oct 2026)

Covenant is a global defense technology company that builds long-range precision strike weapons.

www.covenant.com Washington, United States Founded 2024
Total raised
$250M
Rounds
1
Latest
Series A
Sep 2026

Covenant has raised $250M across 1 funding round on record, the most recent a Series A of $250M announced in Sep 2026.

That round is above the $36M median round size for Aerospace companies tracked on FundedIQ over the last two years.

Covenant Company Profile and Key Stats

Total funding raised
$250M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$250M in Sep 2026
Founded
2024
Headquarters
Washington, United States
Investors on record
6
6 named below

Latest funding round on record: Sep 2026.

Covenant Funding Rounds

Date
Round
Amount
Series A
$250M

Covenant Investors

Andreessen Horowitz 8VC Lightspeed Venture Partners Founders Fund Lux Capital Management LLC

Covenant Founders and Leadership Team

Name
Role
Contact
Joshua Madan
Chief Executive Officer
Locked
Kyle Cather
Vice President of Sourcing & Supply Chain
Locked

Contact details for the Covenant team: 1 of 2 have an email address on file, 2 have a LinkedIn profile.

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Covenant Funding Compared to Other Aerospace Startups

Segment
Companies
Median round
30,234
$7.6M
8,558
$15M

Covenant's latest round of $250M is above the median round in Aerospace. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Covenant in Aerospace and Washington

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Covenant Funding FAQs

What does Covenant do?

Covenant is a global defense technology company that builds long-range precision strike weapons.

How much funding has Covenant raised?

Covenant has raised $250M across 1 round on record. The most recent is a Series A of $250M announced in Sep 2026.

When did Covenant last raise funding?

Covenant's most recent funding round on record is a Series A of $250M, announced in Sep 2026.

Who has invested in Covenant?

Investors on record for Covenant include Andreessen Horowitz, 8VC, Lightspeed Venture Partners, Founders Fund, Lux Capital Management, LLC.

Who is the CEO of Covenant?

Joshua Madan is listed as Chief Executive Officer at Covenant.

Where is Covenant headquartered?

Covenant is based in Washington, United States.

When was Covenant founded?

Covenant was founded in 2024.

How does Covenant's funding compare to other Aerospace startups?

Covenant's latest round of $250M is above the $36M median round size for Aerospace companies on FundedIQ across 8 tracked companies over the last two years.

About FundedIQ's Covenant 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 Covenant is left off this page rather than filled in.

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