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Covatic Limited

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Privacy-first audience segmentation for cross-platform ad targeting

Birmingham, United KingdomFounded 2017AI
Valuation $0–100M Latest valuation · 2026
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Covatic Limited and the history behind them.

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.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Birmingham, United Kingdom
Sector
AI

Latest news

Press, funding announcements and product moves mentioning Covatic Limited.

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Investors

11 investors on the cap table

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
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇬🇧 United Kingdom83.3%
🇲🇹 Malta8.3%
🇺🇸 United States8.3%
3 countries shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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