Last deal

$447K

Amount

Venture - Series Unknown

Stage

24.01.2006

Date

1

all rounds

$447K

Total amount

date founded

Financing round

General

About Company
Covalent Software develops cloud-based performance management software solutions for the public sector.

Industry

Sector :

Subsector :

Keywords :

founded date

01.09.2003

founders

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Covalent Software is the UK's leading cloud-based Corporate Performance Management (CPM) and Governance, Risk & Compliance Management (GRC) software vendor, providing real-time profiling and alerts to warn of changing status, regular re-assessments, and continuous controls monitoring. The company's suite of applications improves organizational results by actively managing goal-critical KPIs, streamlining the process of managing performance appraisals/reviews, goal alignment, training needs, and career development, and managing risks, audits, incidents, compliance, and governance processes. Covalent Software brings all performance and risk information together into a single integrated solution that is easy to manage, access, and monitor KPIs, actions, and risks, in line with organizational objectives.
Contacts

location

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Ideagen

announced date

08.08.2016

price

$4.69M
Local Amount - GBP 3.6M

Financials

Funding Rounds
1
1

Number of Funding Rounds

$447K

Money Raised

Their latest funding was raised on 24.01.2006. Their latest investor SMH Venture Finance Limited. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
24.01.2006
2
$447K
Co-Investors
Investors
2
0

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
No
Venture - Series Unknown
No
Venture - Series Unknown
SMH Venture Finance Limited

SMH Venture Finance Limited

SMH Venture Finance Limited is a UK venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

count Of Investments

29

count Of Exists

11
Technology Venture Partners

Technology Venture Partners

Technology Venture Partners is a venture capital firm that invests in emerging technology companies in the South of the UK.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Venture Capital, Financial Services, Finance

Location

Bristol City, Bristol, UK

count Of Investments

10

count Of Exists

2

People

Founders
1

Peter McHugh

organization founded

1

Peter McHugh

Activity

Recent News
0