Cover (Financial Software) Overview
- Status
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Out of Business
- Employees
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71
- Latest Deal Type
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Liquidation
Cover (Financial Software) General Information
Description
Developer of a mobile insurance technology platform designed to compare insurance policies. The company's platform takes a picture of the property to be insured including cars, homes, pets, and jewelry, and connects them with insurance partners to get improved price and coverage, enabling companies to auto-detect and identify their property against an existing policy or a new one.
Contact Information
Website
www.cover.comCorporate Office
- 137 Noe Street
- San Francisco, CA 94114
- United States
Corporate Office
- 137 Noe Street
- San Francisco, CA 94114
- United States
Cover (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 13. Bankruptcy: Liquidation | Completed | Generating Revenue | ||||
| 12. Secondary Transaction - Private | 30-Jun-2024 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series B) | 01-Dec-2021 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series 1) | 15-Jan-2021 | Completed | Generating Revenue | |||
| 9. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 8. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series B) | 02-Oct-2018 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 01-Jun-2018 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 09-Apr-2018 | $12.6M | Completed | Generating Revenue | ||
| 4. Early Stage VC (Series A) | 01-Oct-2017 | $11M | $12.6M | Completed | Generating Revenue |
Cover (Financial Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series 1-B | ||||||||
| Series 1-A-5 | ||||||||
| Series 1-A-1 | ||||||||
| Series 1-A | 36,577 | $0.000100 | $1.1 | $13.67 | $13.67 | 1x | $13.67 | 0.03% |
| Series 1 | 56,053,812 | $0.000100 | $0.02 | $0.22 | $0.22 | 1x | $0.22 | 52.19% |
Cover (Financial Software) Comparisons
Industry
Financing
Details
Cover (Financial Software) Competitors (6)
One of Cover (Financial Software)’s 6 competitors is Insurify, a Venture Capital-Backed company based in Cambridge, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Insurify | Venture Capital-Backed | Cambridge, MA | ||||
| Gabi Personal Insurance Agency | Formerly VC-backed | San Francisco, CA | ||||
| Insurance Zebra | Venture Capital-Backed | Austin, TX | ||||
| Quotit | Corporate Backed or Acquired | Ontario, CA | ||||
| CoverHound | Formerly VC-backed | Carlsbad, CA |
Cover (Financial Software) Patents
Cover (Financial Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20200134734-A1 | Deep learning artificial intelligence for object classification | Inactive | 26-Oct-2018 |
Cover (Financial Software) Signals
Cover (Financial Software) FAQs
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Where is Cover (Financial Software) headquartered?
Cover (Financial Software) is headquartered in San Francisco, CA.
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What is the size of Cover (Financial Software)?
Cover (Financial Software) has 71 total employees.
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What industry is Cover (Financial Software) in?
Cover (Financial Software)’s primary industry is Financial Software.
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Is Cover (Financial Software) a private or public company?
Cover (Financial Software) is a Private company.
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What is Cover (Financial Software)’s current revenue?
The current revenue for Cover (Financial Software) is .
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How much funding has Cover (Financial Software) raised over time?
Cover (Financial Software) has raised $61.1M.
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Who are Cover (Financial Software)’s competitors?
Insurify, Gabi Personal Insurance Agency, Insurance Zebra, Quotit, and CoverHound are some of the 6 competitors of Cover (Financial Software).
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