Qover Overview
- Year Founded
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2016
- Status
-
Private
- Employees
-
151
- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$12M
- Investors
-
10
Qover General Information
Description
Developer of an insurance platform designed to make claims transparent and accessible across borders. The company's platform features digital insurance infrastructure for offering quotes, and assisting with claims and contracts through an application programming interface (API) that can accommodate any product, country and insurer, enabling businesses to manage policy lifecycle.
Contact Information
Website
www.qover.comCorporate Office
- Rue Du Commerce 31
- 1000 Brussels
- Belgium
Corporate Office
- Rue Du Commerce 31
- 1000 Brussels
- Belgium
Qover Timeline
Qover Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Debt - General | 31-Mar-2026 | $12M | Completed | Generating Revenue | ||
| 7. Later Stage VC (Series C) | 06-Jul-2023 | Completed | Generating Revenue | |||
| 6. Debt - General | 17-Jan-2023 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series B) | 22-Apr-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 11-Jun-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 27-Apr-2018 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 12-Apr-2017 | $5.89M | $7.59M | Completed | Generating Revenue | |
| 1. Seed Round | 18-May-2016 | $1.7M | $1.7M | Completed | Generating Revenue |
Qover Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Class D | ||||||||
| Class C | ||||||||
| Class C | 305,555 | $21.37 | $21.37 | 1x | $21.37 | 14.82% | ||
| Class B | 250,000 | $7.12 | $7.12 | 1x | $7.12 | 12.13% |
VC Exit Predictor
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Qover Comparisons
Industry
Financing
Details
Qover Competitors (12)
One of Qover’s 12 competitors is MIC Global, a Private Equity-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MIC Global | Private Equity-Backed | New York, NY | ||||
| bsurance | Venture Capital-Backed | Vienna, Austria | ||||
| Alan | Venture Capital-Backed | Paris, France | ||||
| Nymbus | Venture Capital-Backed | Jacksonville, FL | ||||
| Paladino Insurtech | Corporation | Zug, Switzerland |
Qover Signals
Qover Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Kreos Capital | Lender/Debt Provider | Minority | ||
| Zurich Insurance Group | Corporation | Minority | ||
| Cathay Innovation | Venture Capital | Minority | ||
| C Entrepreneurs | Venture Capital | Minority | ||
| Prime Ventures | Venture Capital | Minority |
Qover FAQs
-
When was Qover founded?
Qover was founded in 2016.
-
Where is Qover headquartered?
Qover is headquartered in Brussels, Belgium.
-
What is the size of Qover?
Qover has 151 total employees.
-
What industry is Qover in?
Qover’s primary industry is Other Insurance.
-
Is Qover a private or public company?
Qover is a Private company.
-
What is Qover’s current revenue?
The current revenue for Qover is .
-
How much funding has Qover raised over time?
Qover has raised $82.3M.
-
Who are Qover’s investors?
Kreos Capital, Zurich Insurance Group, Cathay Innovation, C Entrepreneurs, and Prime Ventures are 5 of 10 investors who have invested in Qover.
-
Who are Qover’s competitors?
MIC Global, bsurance, Alan, Nymbus, and Paladino Insurtech are some of the 12 competitors of Qover.
Data Transparency
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