Covariant

Engineering Software · California, United States · 51-200 Employees

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Overview

Headquarters

5905 Christie Ave, Emeryville, Californi...

Revenue

$32.6 Million

Industry

Engineering Software Software
ZI Rank: 1
Signal Type
Jan
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Jun
ZI Rank
4
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1
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About Covariant

Building on our experience at Berkeley and OpenAI, our vision is the Covariant Brain: universal AI that allows robots to see, reason, and act on the world around them. Were bringing the Covariant Brain to commercial viability, starting with the industries that make, move and store things in the physical world. Covariant is headquartered in Emeryville, California.Explore more
Covariant's Social MediaPopular SearchesCovariantCovariant Solutions LLCCovariant CommunicationsCovariant IncCovariant.aiSIC Code 73,737NAICS Code 54,541Show more

Covariant Org Chart

PhoneEmail
WJ
United States flag for contact location.

Global Manager, Supply Chain

PhoneEmail
DL
United States flag for contact location.

Manager, Finance

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Company Name

Revenue

Number of Employees

Type

Funding

Founded In

Top Executive

Covariant

$32.6M
51-200
Private
$215M
2017
WJ
Wilton JiangGlobal Manager, Supply Chain
$26.9M
51-200
Private
-
2019
DS
David SuttleChief Revenue Officer
$21.9M
51-200
Private
<$5M
2003
JS
John StetakPresident & CEO
$14.4M
11-50
Private
-
2015
$14.2M
11-50
Private
-
1989
DW
Daniel WillController
$10.5M
11-50
Private
$80.7M
2015
GZ
Gabe ZingarettiChief Operations Officer
$9.5M
11-50
Private
-
1985
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Company Profile Activity

i

Among all Software companies

Low Activity

High Activity

Activity Insights

Covariant is experiencing very low activity levels compared to other companies in the Software sector.

What does this means?

Covariant is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about Covariant.

Covariant financials insights

Gather financial insights about Covariant, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.

2019

Series A

$20M

2020

Series B

$40M

2021

Series C

$80M

2023

Series C

$75M

See All Covariant's Financials Insights

Covariant Tech Stack

A closer look at the technologies used by Covariant

Most Recent Scoops

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Covariant News & Media

  • Amazon hires the founders of AI robotics startup Covariant

    Amazon announced Friday evening that it has hired Covariant’s founders — Pieter Abbeel, Peter Chen, and Rocky Duan — along with “about a quarter” of the startup’s employees. It’s also signed a non-exclusive license to use Covariant’s robotic foundation models. Earlier this year, Chen told TechCrunch that Covariant is building “a large language model, but […] © 2024 TechCrunch. All rights reserved. For personal use only.
  • Amazon hires Covariant founders, inks licensing deal with AI startup in latest ‘reverse acquihire’

    Amazon is acquiring the founders from Covariant, a Bay Area startup that develops AI software for robotic picking machines. As part of the deal, announced late Friday just before the holiday weekend, Amazon will receive a non-exclusive license to Covariant’s AI models. Covariant will continue operating, but the company’s co-founders — Peter Chen, Pieter Abbeel, Rocky Duan — and other team members will join Amazon. The deal structure mimics what Amazon did in June when it
  • Covariant Announces a Universal AI Platform for Robots

    When IEEE Spectrum first wrote about Covariant in 2020, it was a new-ish robotics startup looking to apply robotics to warehouse picking at scale through the magic of a single end-to-end neural network. At the time, Covariant was focused on this picking use case, because it represents an application that could provide immediate value—warehouse companies pay Covariant for its robots to pick items in their warehouses. But for Covariant, the exciting part was that picking
  • Covariant is building ChatGPT for robots

    Covariant this week announced the launch of RFM-1 (Robotics Foundation Model 1). Peter Chen, the cofounder and CEO of the U.C. Berkeley artificial intelligence spinout tells TechCrunch the platform, “is basically a large language model (LLM), but for robot language.” RFM-1 is the result of, among other things, a massive trove of data collected from […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Top Engineering Software Companies

Frequently Asked Questions Regarding Covariant

What is Covariant's official website?
Covariant's official website is www.covariant.ai
What is Covariant's Revenue?
Covariant's revenue is $32.6 Million
What is Covariant's SIC code?
Covariant's SIC: 73,737
What is Covariant's NAICS code?
Covariant's NAICS: 54,541
How many employees does Covariant have?
Covariant has 51-200 employees
What industry does Covariant belong to?
Covariant is in the industry of: Engineering Software, Software
What is Covariant competition?
Covariant top competitors include: Hammerhead, Integrated Systems Design, Osaro, Abagy Robotic Systems
What technology does Covariant use?
Some of the popular technologies that Covariant uses are: Solidworks, DoubleClick, Ramp, PostgreSQL
What does Covariant do?

Building on our experience at Berkeley and OpenAI, our vision is the Covariant Brain: universal AI that allows robots to see, reason, and act on the world around them. Were bringing the Covariant Brain to commercial viability, starting with the industries that make, move and store things in the physical world. Covariant is headquartered in Emeryvil... le, California.Read More

What are Covariant social media links?
Covariant Linkedin page Covariant Twitter page
Who invested in Covariant?
Covariant has 10 investors including Radical Ventures Investments, Index Ventures, Amplify Partners and Temasek.
Is Covariant a public company?
Covariant is private company therefore does not currently have an official ticker symbol
See more information about Covariant

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