Full-Time
Head of Product
Posted on 7/14/2025
Covariance.ai
1-10 employees
ML platform leveraging alternative data sources
Compensation Overview
$185k - $225k/yr
New York, NY, USA
Hybrid
NYC office strongly preferred; remote considered with monthly in-office visits.
 Product (1) |
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- SaaS: 5+ years of experience in SaaS product management, ideally at an early-stage startup
- Rapid Development & Prototyping Tools: hands-on experience with prototyping tools and/or RAD platforms like Retool, Bubble, or equivalent
- Product Analytics: data-driven decision-making skills and familiarity with tools like Amplitude, PostHog or Mixpanel
- Collaborative Working Style: bridge product, engineering, and go-to-market teams
- Own the product roadmap: collaborate with cross-functional teams to identify, prioritize, and implement high-impact product initiatives
- Drive audience insights to action: translate user behavior and engagement data into actionable audience segments
- Be a hands-on builder: use cutting-edge tools to create and iterate on prototypes and functional experiences quickly
- Get to know our customers: analyze user behavior data and speak to customers to identify what's working and where there's room to improve
- Iterate quickly: ship experiments to improve user time-to-value and drive business outcomes
- Collaborate with GTM on positioning: develop targeted messaging and positioning to maximize demand gen
Covariance.ai builds machine learning solutions using alternative data to help businesses gain insights from non-traditional sources. It collects diverse data like satellite imagery, web data, and sensor feeds, cleans and structures it, and runs ML models to generate actionable signals. The platform typically involves data ingestion, feature extraction, model training, and delivery of results through dashboards or APIs. It distinguishes itself by focusing on alternative datasets and providing scalable, governance-aware pipelines that emphasize data quality, provenance, and repeatable workflows. The company’s goal is to help customers make better decisions and unlock value from non-traditional information.
Company Size
1-10
Company Stage
N/A
Total Funding
N/A
Headquarters
Cambridge, Massachusetts
Founded
2020
Simplify's Take
What believers are saying
- $11M funding from six investors in March 2026 enables expansion.
- Facteus partnership expands reach into institutional investor analytics.
- Founders' MIT PhD expertise drives predictive analytics growth.
What critics are saying
- Covariant.ai's $222M funding crushes Covariance in talent and R&D.
- Facteus terminates Covariance after building in-house ML within 12 months.
- Profitmind's $9M Series A erodes Covariance's retail KPI generation.
What makes Covariance.ai unique
- Covariance turns external data into KPIs using machine learning.
- Patent-pending data-efficient learning excels with limited ground truth.
- Stratum3 suite with Facteus targets hedge fund CPG analytics.
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Benefits
Health Insurance
Vision Insurance
Dental Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Paid Holidays
Stock Options
Hybrid Work Options
Commuter Benefits
Company News
The AlleyWatch startup daily funding report: 3/9/2026. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/9/2026 featuring funding details for Covariance, TradeZing, and much more. This page will be updated throughout the day to reflect any new fundings. Covariance - $11M. MACHINE LEARNING Covariance, a machine learning platform turning external data into KPIs, has raised $11M in funding according to a recent SEC filing. The filing indicates that the round comes from six investors. Covariance was founded by Joshua Joseph, Matt Perlein, and Michael Fleder in 2020. REACH NYC TECH LEADERS AlleyWatch is NYC's leading source of tech and startup news, reaching the city's most active founders, investors, and tech leaders. Advertise today TradeZing - $800K. TradeZing, an AI-powered social investing platform, has raised $800K in funding according to a recent SEC filing. The filing does not include a total offering amount but does indicate that this close came from three investors. TradeZing was founded by Jordan Edelson in 2021. About alleywatch. Contact.
By combining our vast repository of CPG transaction data with Covariance's advanced machine learning capabilities, we are delivering a product that sets a new standard in the Alternative Data industry for hedge funds