2019 annual report — second year in at Covalent

The year 2019 marks our second year of operations at Covalent. Here’s a letter I shared with our stakeholders — staff, investors, partners and customers on our progress in 2019 and where we see the growth opportunities in 2020.

Hey guys,

Ganesh from Covalent here. 👋

2020 and a new decade is upon us and the Covalent team wishes everyone a wonderful new year! Thank you all for your continued support.

The year 2019 marks our second year of operations at Covalent and we’ve seen significant growth in Covalent’s vision, technology, team and the community around us. We would like to share an update on what we’ve been up to in 2019 and where we see the opportunities for growth in 2020.

We started Covalent about two years ago with the belief that data brings transparency to the crypto markets and only transparency will bring-forth main-stream retail adoption. This belief is our mission and our team has been heads down since day one building an indexing engine to search and categorize the world’s blockchain data.

In 2019, we were fortunate to find a set of early adopters who made a bet on us and entrusted Covalent with their data needs. After about 18 months of relentless hard-work and unimaginable tests of our endurance, we were able to ship an initial version of the Covalent data platform. We are happy to say that many of the blockchain products and decentralized apps that inspired us in 2018 are now users of our industry-leading API.

To read more about what we did in 2019, go on https://www.covalenthq.com/blog/2019-annual-report/