Coverr Secures $1 Million Annual Funding Capacity For Gig Economy Worker Cash Advances

COVERR, whose mission is to empower gig workers to achieve their greatest earning potential, today announced it is launching nationally with the goal of becoming the most trusted and reliable financial partner for gig workers. Using traditional and alternative data to predict future earning potential, COVERR provides cash advances customized for gig workers. A recently closed debt facility, comprised of capital contributions from high net worth individuals from major US and international banks, top law firms and DoorDash has put COVERR in a position to provide $1 million in cash advances to gig economy workers.