Covalent Software
- Portfolio Company: Covalent Software Limited
- Date of Initial Investment: 22 December 2005
- Round of Financing: First Round
- Sector: Software
- SWVF Role: Lead Investor
Covalent provide software that enables local authorities, and other public bodies to monitor their performance against targets either set externally or as part of implementing the business strategy. The software and the businesses data is hosted on the Covalent server. Users can access the full system through desk top browsers.
The business is established in the local council market and had made in-roads into the housing authority market. The market is increasing as more benchmarks are created by the NAO and as tools like this are used to implement their strategy.
Website: www.covalentsoftware.com
