Covalent Ventures invests in early-stage companies across all industries and geographies. Founders we work with have visions of tackling fragmented industries, identifying growing markets, and attacking current solutions with low NPS.
Our focus is investing in seed-B companies with early signs of customer adoption and obsession. We love to roll up our sleeves and help with introductions to strategic partners, customers, co-investors, and early hires.
Most importantly, we'd like to be a consistent sounding board for the highs and lows of building a generational company.
LPs for our syndicates include operators from companies like Stripe, Google, Amazon, Facebook, Airbnb, Uber, Lyft, Doordash, Credit Karma, Brex, ServiceTitan, Dropbox, Twitter, Affirm, Yahoo, Coinbase, and Square. If you'd like to invest with us, click here!
Manoj Soundararajan (General Partner): Partnerships at WorkOS. Previously helped scale Business Development and Partnerships at MainStreet and Operations at On Deck Angels. Started off as an Associate at Countdown Capital.
Here is a list of companies we've backed through direct investments.
Pager: A new way to share your life online. Backed by Homebrew, Bessemer, Haystack, and Scott Belsky.
Umba: African digital banking platform offering free bank accounts, interbank transfers, peer-to-peer transfers, and bill payments. Backed by Lachy Groom, Ludlow Ventures, Goodwater Capital, Frontline Ventures, and Banana Capital.
ivee: At-Home IV Therapy & Functional Medicine. Backed by Accomplice, Cherubic Ventures, and Ludlow Ventures.
Lyte: Network of portable phone chargers. Bling Capital, Eric Yuan, Steve Chen, Brad Bao, Toby Sun, and 645 Ventures.
Scanpay: POS system for Southeast Asia. Backed by Sequoia India.
Scope: Marketplace for expert services and product support. Backed by Craft Ventures, Indicator Ventures, Dan Wright, and William Hockey.
Jupiter: Meal planning and groceries on auto-pilot. Backed by Khosla Ventures and NFX.
Bunches: Seamless management and monetization for communities. Backed by Homebrew, Village Global, Compound, Scott Belsky, and angels from Facebook and Uber.
Mozart Data: Modern, out-of-the-box, data stack that provides the easiest way to consolidate, organize, and clean your data with SQL and button clicks. Backed by Craft Ventures, Coelius Capital, Array Ventures, and Signia Ventures.