Coverfox Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 251

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 14

Coverfox General Information

Description

Operator of an online insurance marketplace intended to simplify the insurance purchasing process. The company's marketplace compares the policies of insurers and a range of insurance products in an array of categories that include health, car, life, travel, and home insurance, enabling clients to analyze and purchase the specific product that fits their needs.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Insurance
Other Industries
Information Services (B2C)
Corporate Office
  • C Wing, 6111-6118, 6th Floor, Oberoi Garden Estate
  • Chandivali Farm Road, Chandivali, Andheri (East)
  • Mumbai, Maharashtra 400072
  • India
+91 022 0000 0000

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Coverfox Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Secondary Transaction - Private 01-Sep-2021 000.00 Completed Generating Revenue
9. Later Stage VC 07-Apr-2020 00.000 000.00 000.00 Completed Generating Revenue
8. Later Stage VC (Series C) 25-Jul-2019 00.00 000.00 Completed Generating Revenue
7. Merger/Acquisition 03-Jun-2019 00000 00000 Cancelled Generating Revenue
6. Later Stage VC 06-Mar-2018 000.00 000.00 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 02-Jun-2017 00.00 000.00 000.00 Completed Generating Revenue
4. Early Stage VC 22-Feb-2016 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 15-Sep-2015 000.00 000.00 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 01-Oct-2014 $2M $2M Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2014 Completed Startup
To view Coverfox’s complete valuation and funding history, request access »

Coverfox Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Ordinary 000,000 00.000000 000.00 000.00 00 000.00 00.000
Ordinary 00,000 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 00,000 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 0,000 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 00,000 00.000000 0000.0 0000.0 00 0000.0 0.000
Ordinary 00,000 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 00,000 00.000000 000.0 000.0 00 000.0 0.000
Ordinary 152,116 $0.131737 $53.59 $53.59 1x $53.59 16%
Ordinary 23,560 $0.131737 $22.37 $22.37 1x $22.37 2.48%
To view Coverfox’s complete cap table history, request access »

Coverfox Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online insurance marketplace intended to simplify the insurance purchasing process. The company's marketp
Other Insurance
Mumbai, India
251 As of 2022
000.00
00000000000 000.00

000000

tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, qui
00000000000 00000000
Noida, India
000 As of 0000
000.00
000.00 0000-00-00
0000000000 0 000.00

000000

um dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proide
00000000000 00000000
New Delhi, India
00 As of 0000
000.00
0000000000 0 000.00
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Coverfox Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Easypolicy Venture Capital-Backed Noida, India 000 000.00 0000000000 0 000.00
InsuringIndia Venture Capital-Backed New Delhi, India 00 000.00 0000000000 0 000.00
PolicyBachat Corporation Hyderabad, India
GIBL Accelerator/Incubator Backed Kolkata, India 0 000000000000
Turtlemint Venture Capital-Backed Mumbai, India 0000 00000 00000000000 00000
You’re viewing 5 of 11 competitors. Get the full list »

Coverfox Executive Team (12)

Name Title Board Seat Contact Info
Manish Sultania Chief Financial Officer
Piyush Ranjan Chief Technology Officer
Rashmi Jaiswal Chief Sales Officer
Chirag Desai Legal & Compliance Officer & Board Member
Apurva Kaushik Senior Manager
You’re viewing 5 of 12 executive team members. Get the full list »

Coverfox Board Members (6)

Name Representing Role Since
Anurag Mehrotra Self Board Member 000 0000
Chirag Desai Coverfox Legal & Compliance Officer & Board Member 000 0000
Devendra Rane Self Board Member 000 0000
Sanjib Jha Self Chief Executive Officer & Board Member 000 0000
You’re viewing 4 of 6 board members. Get the full list »

Coverfox Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Coverfox Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Glitterbug Technologies Holding Company Minority 000 0000 000000 0
Avaana Capital Growth/Expansion Minority 000 0000 000000 0
Pratithi Investment Trust Family Office Minority 000 0000 000000 0
Aegon (Netherland) Corporation Minority 000 0000 000000 0
International Finance Corporation Impact Investing Minority 000 0000 000000 0
You’re viewing 5 of 14 investors. Get the full list »

Coverfox FAQs

  • When was Coverfox founded?

    Coverfox was founded in 2013.

  • Who is the founder of Coverfox?

    Devendra Rane and Varun Dua are the founders of Coverfox.

  • Who is the CEO of Coverfox?

    Sanjib Jha is the CEO of Coverfox.

  • Where is Coverfox headquartered?

    Coverfox is headquartered in Mumbai, India.

  • What is the size of Coverfox?

    Coverfox has 251 total employees.

  • What industry is Coverfox in?

    Coverfox’s primary industry is Other Insurance.

  • Is Coverfox a private or public company?

    Coverfox is a Private company.

  • What is Coverfox’s current revenue?

    The current revenue for Coverfox is 00000.

  • How much funding has Coverfox raised over time?

    Coverfox has raised $49.8M.

  • Who are Coverfox’s investors?

    Glitterbug Technologies, Avaana Capital, Pratithi Investment Trust, Aegon (Netherland), and International Finance Corporation are 5 of 14 investors who have invested in Coverfox.

  • Who are Coverfox’s competitors?

    Easypolicy, InsuringIndia, PolicyBachat, GIBL, and Turtlemint are some of the 11 competitors of Coverfox.

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