United Kingdom · Information technology & services startup

Covatic

Covatic is a Birmingham-based adtech company founded in 2016, originally spun out of the University of Oxford.

Funding reportedLast round: Series A

Information technology & servicesBirmingham, United Kingdom

About Covatic

Covatic is a Birmingham-based adtech company founded in 2016, originally spun out of the University of Oxford.

As a Certified B Corp, Covatic focuses on privacy-first, addressable audience solutions that do not rely on third-party data or cookies. The company aims to innovate digital advertising while protecting user privacy through its "private-by-design" approach. The primary offering from Covatic is an on-device software development kit (SDK) known as Serendipity, which utilizes mobile algorithms and machine learning for smart personalization in apps. This SDK builds user profiles locally on devices without collecting personal data, ensuring privacy. Covatic's technology enables 100% audience monetization across various platforms, including Connected TV and mobile, while maintaining GDPR compliance. The company partners with online publishers, media companies, and brands to enhance advertising targeting and improve user experiences. Notable partners include Bauer, Sky, and BBC Worldwide.

What company datasets say Covatic raised

Funding, as reported

Reported in all6.4Min the source's currency
Rounds5
Last roundSeries A
Last round size2M
Last round dateMay 2023
Investors listed9

Funding filed with regulators

Covatic filed 12 raises, $10.0M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Mar 2026$670KUK share allotment
  2. Mar 2026$1.2MUK share allotment
  3. Apr 2025$196KUK share allotment
  4. Mar 2025$259KUK share allotment
  5. Dec 2024$138KUK share allotment
  6. Oct 2024$679KUK share allotment
  7. Aug 2024$470KUK share allotment
  8. Jun 2023$1.9MUK share allotment
  9. Mar 2023$3.0MUK share allotment
  10. Apr 2022$448KUK share allotment
  11. Dec 2021$704KUK share allotment
  12. Aug 2021$312KUK share allotment

On 3 portfolio pages

Investors who name them

Each firm lists Covatic on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

hardwareprivacy-compliant ad deliveryprivacy-preserving targetingmarketingaudience data integrationprivacy firstwebsmart tv advertisingreal-time audience modelinginformation technology & servicesadvertising & marketingprivacy-centric adtechctv person-level targetingaudience data enrichmentmulti-device targetingwi-fi device detection

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Sector
Information technology & services
Industry code
NAICS 541810, 513210, SIC 7375, 7311, 7372
Region
England
Full record
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Information technology & services in United Kingdom

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