Covalent

$51Mdisclosed portfolio round capital

1 Nov, 2021last investment

2portfolio companies

0team members

Analyst signals

Portfolio activity and matriculation

Metrics use all recorded activity through 22 Jul 2026 across seed, series b. Later-round outcomes are capped at the period end.

100%companies with a later round · 2/2

3.60×median round-size step-up · n=2

7.33×median valuation step-up · n=1

0%recorded-solo rate · 0 solo / 2 syndicated

Blockchain Platforms · 1 companies

These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.

People

Team

No team details are available yet.

Portfolio

Investments

Full financing histories for portfolio companies. Highlighted rounds are those where Covalent is recorded as an investor.

bitscrunch

hybrid

A blockchain analytics company focusing on securing the NFT ecosystem.

Series A1 Jan, 2024$2.4M round

Public Sale1 Dec, 2023$3.3M round$55M valuation

Strategic1 Jan, 2023

Unknown1 Feb, 2022$3.6M round$36M valuation

Seed1 Sep, 2021$750K round$7.5M valuationSyndicated · 6 disclosed investors

ZKsync

crypto

Blockchain Platforms

ZKsync is a Layer 2 blockchain platform for Ethereum that uses zero-knowledge rollups to improve scalability and reduce transaction costs.

Series C1 Nov, 2022$200M round$1.3B valuation

Unknown1 Jan, 2022$200M round

Series B1 Nov, 2021$50M roundSyndicated · 11 disclosed investors

Series A1 Mar, 2021$6M round

Seed1 Sep, 2019$2M round