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Covr Financial Technologies
Covr is an "Insurtech" company that provides a digital insurance platform that simplifies the insurance process and makes it easy to protect your loved ones. Through partnerships with financial…
Covr Financial Technologies
Covr is an "Insurtech" company that provides a digital insurance platform that simplifies the insurance process and makes it easy to protect your loved ones. Through partnerships with financial…
TL;DR
What they do: White-labeled, multi-carrier digital insurance platforms for financial institutions, advisors, and consumers
Products: Covr Consumer, Covr Advisor, Covr Pro, Covr Exchange
Founding / origin: Founded as the digital arm of National Brokerage
Funding signal: Multiple venture rounds including seed (2017), Series A (2018), and Series B (2022)
Company Overview
Problem Domain
Insurance distribution digitization and embedded insurance for financial services
Founded
2016
Industry
Financial Services
Funding Track Record
$5.0M
Investors included Commerce Ventures, Contour Venture Partners, Nyca Partners, Connectivity Capital Partners
$10.0M
Participants included Nyca Partners, Commerce Ventures, Contour Venture Partners, Connectivity Capital Partners, Allianz Life Ventures
$15.0M
$7.5M
Round included investments from Connecticut Innovations, Fairview Capital, and Aflac Ventures alongside existing investors
Investor Signal
“Backed by venture and strategic insurance investors including Allianz Life Ventures, Aflac Ventures, Nyca Partners, Commerce Ventures, Connectivity Capital Partners, Contour Venture Partners, Connecticut Innovations, and Fairview Capital”