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Based in Birmingham, England, Covatic develops privacy-focused, addressable advertising solutions that enable media companies to deliver targeted campaigns without relying on personal data or third-party cookies. Originating from a University of Oxford prototype, the company's ID-less technology facilitates cross-device personalization while maintaining strict privacy compliance across the digital ecosystem. The certified B Corporation provides its audience engagement software to major broadcasters and media conglomerates, with a client roster including the BBC, Sky, and Disney. Operating as a venture-backed enterprise, Covatic has raised $6.24 million in total funding, which includes a $5 million Series A round for commercial expansion. Following its participation in the Comcast LIFT Labs accelerator, the business expanded its product offerings and currently maintains a workforce of approximately 24 employees. The ad-tech provider was founded in 2017 by Nick Pinks.
Covatic has raised $6.1M across 2 funding rounds.
Covatic has raised $6.1M in total across 2 funding rounds.
Covatic has raised $6.1M in total across 2 funding rounds.
Covatic's investors include Peter Carway, Comcast, Creative UK, Julian Dennard - Mercia Ventures, Creative England, Oxford Science Enterprises.
Covatic has raised $6.1M across 2 funding rounds. Most recently, it raised $5.0M Series A in May 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 19, 2023 | $5M Series A | Peter Carway | Comcast, Creative UK | Announced |
| Oct 10, 2018 | $1.1M Venture Round | Julian Dennard Mercia Ventures | Creative England, Oxford Science Enterprises | Announced |