Total Raised

$18M

Investors Count

7

Funding, Valuation & Revenue

3 Fundings

CoverForce has raised $18M over 3 rounds.

CoverForce's latest funding round was a Series A for $13M on March 5, 2025.

Date

Round

Amount

Investors

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Revenue

Sources

3/5/2025

Series A

$13M

$XXM

0

FY undefined

3

3/29/2022

Incubator/Accelerator

$XXM

0

FY undefined

10

1/1/2022

Seed VC - II

$XXM

$XXM

0

FY undefined

10

Date

3/5/2025

3/29/2022

1/1/2022

Round

Series A

Incubator/Accelerator

Seed VC - II

Amount

$13M

$XXM

Investors

Valuation

$XXM

$XXM

$XXM

Revenue

0

FY undefined

0

FY undefined

0

FY undefined

Sources

3

10

10

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CoverForce Investors

7 Investors

CoverForce has 7 investors. Nyca Partners invested in CoverForce's Series A funding round.

First funding

Last Funding

Investor

Rounds

Board Seats

Type

Location

1/1/2022

3/5/2025

2
Seed VC - II, Series A (2025)

Venture Capital

New York

00/00/0000

00/00/0000

Insight Partners

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Private Equity

New York

00/00/0000

00/00/0000

FinTech Innovation Lab

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Incubator/Accelerator

New York

00/00/0000

00/00/0000

QED Investors

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Venture Capital

Virginia

00/00/0000

00/00/0000

Moving Capital

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Venture Capital

New York

First funding

1/1/2022

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Last Funding

3/5/2025

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Investor

Insight Partners

FinTech Innovation Lab

QED Investors

Moving Capital

Rounds

2
Seed VC - II, Series A (2025)

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Board Seats

Type

Venture Capital

Private Equity

Incubator/Accelerator

Venture Capital

Venture Capital

Location

New York

New York

New York

Virginia

New York

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Compare CoverForce to Competitors

A
Aurora

Aurora is a digital managing general agent (MGA) specializing in the insurance sector. The company offers tailored, easy-to-understand insurance products that are designed to meet the specific needs of businesses. Aurora's services are primarily utilized by various trade types seeking real-time, affordable insurance solutions. It was founded in 2022 and is based in London, United Kingdom.

Highwing Logo
Highwing

Highwing focuses on providing an open data platform for the commercial insurance sector. Its main offerings include software solutions that enable brokers and carriers to connect, access, and leverage data analytics throughout the entire customer lifecycle, aiming to enhance sales, streamline workflows, and improve customer experiences. Highwing's platform is designed to serve the commercial insurance industry by facilitating better decision-making on customers, products, pricing, and risk management. Highwing was formerly known as IMAgine Analytics. It was founded in 2018 and is based in Denver, Colorado.

Pikl Logo
Pikl

Pikl provides insurance solutions for the sharing economy, particularly for property owners and hosts in the short-term rental market. The company offers coverage for Airbnb hosts, holiday lets, landlords, and static caravans, aimed at protecting against risks associated with renting out properties. Pikl serves individuals and businesses in the property rental and sharing sectors. It was founded in 2016 and is based in Norwich, United Kingdom.

Zego Logo
Zego

Zego provides commercial motor insurance products for self-employed drivers and fleets. The company offers insurance policies for private hire taxi drivers, delivery services, and various types of van insurance, all managed through an app. Zego primarily serves the self-employed driver sector, offering solutions like the Zego Sense application for driving with policy discounts. Zego was formerly known as Tego. It was founded in 2016 and is based in London, United Kingdom.

F
Foliume

Foliume provides artificial intelligence solutions for the insurance sector, focusing on process automation for brokerages and insurance agencies. The company offers tools that automate tasks such as portfolio management, re-quoting, and data organization, allowing professionals to focus on client advisory. Foliume's platform aims to improve customer retention and identify cross-selling and up-selling opportunities, while also streamlining communication and marketing efforts. It was founded in 2021 and is based in Montevideo, Uruguay.

G
Goosehead

Goosehead is a property and casualty insurance agency operating in the insurance sector. The company provides various insurance products, including homeowners, auto, motorcycle, boat, RV, condo, landlord, renters, and flood insurance, along with personalized coverage and support. Goosehead also offers franchise opportunities and support for insurance agents. It is based in Westlake, Texas.

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