CoverWallet Secures $18.5 Million Series B Investment Led by Foundation Capital to Expand Small Business Insurance Platform
CoverWallet continues reinventing insurance, enabling small businesses to learn, buy and manage coverage needs on-demand
Since launching in 2016, CoverWallet has secured over
"CoverWallet's premise is simple and powerful," says
CoverWallet is at the forefront of the rapidly growing insurtech movement, leveraging data to help thousands of small businesses get tailored advice and personalized insurance online. The company utilizes technology to allow small businesses to get and manage the protection they need, easily, promptly and affordably.
"We're thrilled to welcome
The company plans to use the new funding to continue building its core technology, expand partnerships, and scale operations, in order to meet growing demand and to solidify its position as a market leader.
About CoverWallet
Launched in early 2016, CoverWallet combines deep analytics, thoughtful design and state of the art technology to help small businesses with all their insurance needs. CoverWallet delivers a seamless user experience while offering savings, customized coverage and best-in-class service to their customers. In a matter of minutes, any business can get peace of mind, buying and managing their insurance, all through CoverWallet's online platform.
The company is actively disrupting the
Stay in touch at www.coverwallet.com, @coverwallet or http://www.facebook.com/coverwallet.
About
At
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CoverWallet
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Source: CoverWallet
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