Covergo Raises $15 Million Series A To Expand Global Adoption Of The Leading No-Code Insurance Platform
Covergo Raises $15 Million Series A To Expand Global Adoption Of The Leading No-Code Insurance Platform
05/11/22, 8:00 PM
Money raised
$15 million
Industry
financial services
Round Type
series a
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 Info
Additional Info
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.