How many employees work at Covalen?
Covalen, Inc. has approximately 2,055 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Covalen’s total headcount has grown 72.3% from 1,193 employees in 2023 to 2,055 in 2026.
Is Covalen hiring right now?
Yes, Covalen is actively hiring. Covalen had 7 active job postings in 2026, a 15.4% increase from 2025 — see job openings & hiring trends.
About Covalen’s Workforce
Covalen, Inc. is an Information Technology Services company that employs 2,055 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 2003, the company is headquartered in Indianapolis, Indiana.
Covalen's workforce has grown 72.3% from 2023 to 2026, though it is down 2.0% year over year in 2026. Its workforce is concentrated most in Northern Europe (94.3%), followed by North America (2.8%) and Eastern Europe (2.3%).
Covalen's functional groups are Finance and Operations (39.7%), Engineering (39.0%), and Sales and Marketing (21.4%), with Sales and Marketing growing fastest (up 6.3%). The average salary is $49,293, ranging from a median of $59,000 in North America to $20,000 in Eastern Europe, down 1.0% year over year in 2026.
Covalen's active job postings rose 15.4% in 2026 to 7, with new postings per month cooling from 16 in 2023 to 6 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Headquarters
- Indianapolis, Indiana
- Founded
- 2003
- Industry
- Information Technology Services
- Employees
- 2,055
- YoY
- -2.0% (-84)
As of March 2026
Covalen workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Covalen. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsCovalen Annual Employee Count (2023-2026)
- Covalen had 2,055 employees in 2026, a 2.0% decline (-84) from 2025.
- Covalen had 2,189 employees in 2025, a 4.0% increase (+66) from 2024.
- Covalen had 2,123 employees in 2024, a 15.9% increase (+594) from 2023.
- Covalen had 1,529 employees in 2023, a 12.1% increase (+279) from 2022.
Covalen's total workforce has grown from 1,193 employees in 2023 to 2,055 in 2026.
Covalen, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 2,055 | -84 | -2.0% |
| 2025 | Q4 | 2,189 | +66 | +4.0% |
| 2025 | Q3 | 2,274 | +187 | +5.4% |
| 2025 | Q2 | 2,180 | +158 | +4.0% |
| 2025 | Q1 | 2,139 | +441 | +11.1% |
| 2024 | Q4 | 2,123 | +594 | +15.9% |
| 2024 | Q3 | 2,087 | +700 | +19.0% |
| 2024 | Q2 | 2,022 | +829 | +26.3% |
| 2024 | Q1 | 1,698 | +485 | +18.7% |
| 2023 | Q4 | 1,529 | +279 | +12.1% |
| 2023 | Q3 | 1,387 | +93 | +7.8% |
| 2023 | Q2 | 1,193 | -229 | -1.6% |
See Covalen's complete headcount history, including quarterly breakdowns.
Get the DataCovalen Employee Count by Region (2026)
Northern Europe accounts for the largest share of Covalen's global workforce with approximately 94% of total employees, followed by North America and Eastern Europe.
Covalen employees by region
| Region | Employees | % of Total |
|---|---|---|
| Northern Europe | 1,931 | 94.3% |
| North America | 57 | 2.8% |
| Eastern Europe | 48 | 2.3% |
| Southern Europe | 5 | 0.3% |
| Western Europe | 2 | 0.1% |
| South America | 1 | 0.1% |
| Central America and the Caribbean | 1 | 0.1% |
| Southeast Asia | 1 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataCovalen Employee Count by Department (2026)
Covalen's employee groups are Finance and Operations (39.7%), Engineering (39.0%), and Sales and Marketing (21.4%).
Covalen employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 814 | 39.7% |
| Engineering | 800 | 39.0% |
| Sales and Marketing | 439 | 21.4% |
Compare Covalen's department mix to industry peers.
See Full DataCovalen Employee Salary by Region (2026)
Covalen's average employee salary is $49,293 globally. Employees in North America receive the highest compensation, with median pay approximately 1.2x the global average. Pay is lowest in Eastern Europe, at a median of $20,000.
Covalen median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $59,000 |
| Northern Europe | $44,000 |
| Southern Europe | $35,000 |
| Western Europe | $33,000 |
| Eastern Europe | $20,000 |
Unlock salary by role, level, and city — and compare to Covalen's industry peers.
Unlock Salary DataCovalen Job Openings and Hiring Trends (2023-2026)
- Covalen had 7 active job postings in 2026, a 15.4% increase (-1) from 2025.
- Covalen had 8 active job postings in 2025, a 93.3% decline (-14) from 2024.
- Covalen had 22 active job postings in 2024, a 16.7% decline (-4) from 2023.
- Covalen had 26 active job postings in 2023, a 47.6% increase from 2022.
- Hiring velocity in 2026: 6 new roles/month, down from 8 in 2025 and 22 in 2024.
Covalen's active job postings rose 15.4% in 2026 to 7, with new postings per month cooling from 16 in 2023 to 6 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataCovalen Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Covalen's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Covalen
- How fast is Covalen growing?
- In 2026, Covalen's headcount shrank 2.0% to 2,055 employees, down from 2,139 in 2025.
- See the full headcount history
- Where are Covalen employees located?
- Most Covalen employees are based in Northern Europe (94.3% of headcount), followed by North America and Eastern Europe.
- Explore where the workforce is based
- What is the average salary at Covalen?
- The average employee salary at Covalen is approximately $49.3k per year.
- Analyze the salary distribution
- How many new job postings does Covalen open per year?
- In Q1 2026, Covalen opened 19 new job postings. In 2025, Covalen opened 93 new job postings — about 8 per month.
- Track hiring trends by role
- When was Covalen founded and where is it headquartered?
- Covalen was founded in 2003 and is headquartered in Indianapolis, Indiana.
- Compare Covalen to industry peers
Speak with a workforce expert about Covalen.
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