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Covatic Limited
Privacy-first audience segmentation for cross-platform ad targeting
About Covatic Limited
Covatic Limited is an adtech company providing privacy-first audience targeting solutions for publishers, media companies, and brands. The company was incorporated on October 12, 2016, and formally launched in February 2017 by co-founder and CEO Nick Pinks. Pinks, a chartered engineer with a background in media technology at the BBC and Imagine Communications, identified a need to modernize the broadcast and publishing industries, leading to Covatic's creation.
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The company's core technology operates on a "privacy by design" framework, utilizing on-device processing and edge computing to analyze data and segment audiences without personal data ever leaving the user's device. This ID-less approach enables clients to monetize their entire audience, including across platforms like iOS and Safari where tracking is restricted, without relying on third-party cookies or collecting personal identifiers. Covatic's solutions, such as its SDK, are designed to be compliant with regulations like GDPR and CCPA.
Covatic's business model revolves around providing tools that enable more effective and addressable advertising. Its clients, which include major media owners like Sky, Comcast, and Bauer Media, use the platform to increase ad yields and revenue through precision targeting. The technology creates audience cohorts based on content consumption and real-world behavioral insights, which can then be used for cross-platform retargeting on mobile, web, connected TV (CTV), and smart speakers. Products like 'Audience Linking' allow media owners to recognize anonymous user cohorts across their various digital properties securely. The company has formed partnerships with firms like CACI to integrate recognized socio-demographic data, such as Acorn segments, into its on-device targeting solution.
At a glance
- Founded
- 2017
- Headquarters
- Birmingham, United Kingdom
- Sector
- AI
Latest news
Press, funding announcements and product moves mentioning Covatic Limited.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Oxford Science Enterprises
Oxford University Innovation
Parkwalk Advisors
Creative England
Midlands Engine Investment Fund
Series A6 investors entered at this stage
The FSE Group
Praetura Ventures
Comcast
Creative UK
Future Planet Capital Regional
PXN Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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