Coverfox Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 251

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $4.61M

  • 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

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

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Coverfox Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC 07-Apr-2020 $4.61M Completed Generating Revenue
8. Later Stage VC (Series C) 25-Jul-2019 Completed Generating Revenue
7. Merger/Acquisition 03-Jun-2019 Cancelled Generating Revenue
6. Later Stage VC 06-Mar-2018 Completed Generating Revenue
5. Later Stage VC (Series C) 02-Jun-2017 Completed Generating Revenue
4. Early Stage VC 22-Feb-2016 Completed Generating Revenue
3. Early Stage VC (Series B) 15-Sep-2015 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
Ordinary
Ordinary
Ordinary
Ordinary
Ordinary
Ordinary
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 »

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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

Kolkata, India
 

New Delhi, India
 
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Coverfox Competitors (11)

One of Coverfox’s 11 competitors is GIBL, a Accelerator/Incubator Backed company based in Kolkata, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
GIBL Accelerator/Incubator Backed Kolkata, India
InsuringIndia Formerly VC-backed New Delhi, India
Easypolicy Venture Capital-Backed Noida, India
PolicyBachat Corporation Hyderabad, India
Turtlemint Venture Capital-Backed Mumbai, India
You’re viewing 5 of 11 competitors. Get the full list »

Coverfox Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Coverfox Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Glitterbug Technologies Holding Company Minority
Avaana Capital Venture Capital Minority
Pratithi Investment Trust Family Office Minority
Aegon (Netherland) Corporation Minority
International Finance Corporation PE/Buyout Minority
You’re viewing 5 of 14 investors. Get the full list »

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Coverfox FAQs

  • When was Coverfox founded?

    Coverfox was founded in 2013.

  • 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 the current valuation of Coverfox?

    The current valuation of Coverfox is .

  • What is Coverfox’s current revenue?

    The current revenue for Coverfox is .

  • 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?

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

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