Covergo Raises $15 Million Series A To Expand Global Adoption Of The Leading No-Code Insurance Platform

May 11, 2022•about 3 years ago

Amount Raised

$15 Million

Round Type

series a

Financial Services

Description

CoverGo, the leading global enterprise no-code SAAS insurance platform, today announced it has secured $15 million in Series A funding led by California-based SemperVirens VC with participation from US venture capital firms SixThirty, Tribeca Early Stage Partners and Fresco Capital. Strategic investors include pan-African insurance group Old Mutual, Asia-based insurance group Asia Financial Holdings, US-based XN Worldwide Insurance (part of the Henner Group) and Middle East and African insurance fund Noria Capital. Existing insurtech investors also participated in the oversubscribed round.

Company Information

Company

Cover Go

About

CoverGo has developed the insurance industry's first out-of-the-box, modular, no-code insurance platform powered by over 500 open insurance APIs enabling insurance companies to transform digitally in the most flexible, scalable and cost-effective way. P&C, health and life insurance companies use CoverGo to build and launch all types of insurance products within days, develop omni-channel distribution, streamline policy admin and automate claims processes. To learn more, visit https://covergo.com.

Funding Insights

Based on industry data

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Covergo Raises $15 Million Series A To Expand Global Adoption Of The Leading No-Code Insurance Platform

Description

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Funding Insights

Company Information