Cover Genius Raises $10M in Series B Funding
Summary
Founded by Angus McDonald and Chris Bayley, Cover Genius provides an insurance distribution platform that gives protection for the customers of some of the world’s largest online companies. Cover Genius’ technologies include XClaim, an API for instant payment of approved claims that delivers an NPS of +65. The company pays approved claims via its instant payments platform in more than 90 currencies. Since 2014, the company, has enabled millions of customers worldwide to purchase insurance from their favorite online brands. It has offices in London, New York, Sydney and Tokyo and counts some of the world’s largest ecommerce companies including Booking Holdings (NASDAQ:BKNG) among its partners.
Funding
Amount
$10.0M
Total raised
Date
November 7, 2019
Announcement date
Investors
-
Lead investors
Company
https://www.covergenius.com/
Funded company
Classifications
industries
InsurTech
applications
Engineering & Scientific
AskAI Classifications
Labels
Insurance Technology
Insurtech
Software
Linked Companies
Cover Genius
$50M to $100M