Clearcover Overview
- Founded
-
2016

- Status
-
Private
- Employees
-
570

- Latest Deal Type
-
Series E
- Latest Deal Amount
-
$153M
- Investors
-
17
Clearcover General Information
Description
Developer of an online car insurance platform designed to offer the right coverage and improve automobile insurance. The company's platform applies advanced technology and refrains from expensive advertising to pass along the cost savings to customers as well as offers an intuitive quote process, enabling customers to get their vehicles insured online at low costs.
Contact Information
Website
www.clearcover.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive Insurance
Other Industries
Financial Software
Primary Office
- 33 West Monroe Street
- Suite 1750
- Chicago, IL 60603
- United States
+1 (855) 000-0000
Clearcover Timeline
Clearcover Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC (Series E) | 25-Nov-2022 | $153M | 00000 | Completed | Generating Revenue | |
6. Later Stage VC (Series D1) | 00000 | 00000 | 00000 | Completed | ||
5. Later Stage VC (Series D) | 13-Apr-2021 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
4. Later Stage VC (Series C) | 03-Jan-2020 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
3. Early Stage VC (Series B) | 07-Jan-2019 | 0000 | 0000 | 00000 | Completed | Generating Revenue |
2. Early Stage VC (Series A) | 19-Sep-2017 | $11.5M | $14M | 0000 | Completed | Generating Revenue |
1. Seed Round | 15-Nov-2016 | $2.5M | $2.5M | 000 | Completed | Generating Revenue |
Clearcover Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D-1 | 00,000,000 | 00.000000 | 000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series D | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series C | 00,000,000 | 00.000000 | 00 | 00.0 | 00.0 | 00 | 00.0 | 0.00 |
Series B | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series A | 20,801,930 | $0.000010 | 8% | $0.32 | $0.32 | 1x | $0.32 | 8.09% |
Seed | 14,285,710 | $0.000010 | 8% | $0.17 | $0.17 | 1x | $0.17 | 5.55% |
Clearcover Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Developer of an online car insurance platform designed to offer the right coverage and improve automobile insurance. The
Automotive Insurance
Chicago, IL
570
As of 2022
00000
00000000000
00000
Clearcover Competitors (13)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Compare.com Insurance Agency | Corporate Backed or Acquired | Richmond, VA | 00 | 0000 | 000000&0 | 0000 |
000000000 | Formerly VC-backed | San Francisco, CA | 000 | 00000 | 000000&0 | 00000 |
00000000 000000000 | Corporation | Henrico, VA | 000 | |||
0000 000000000 | Formerly VC-backed | Columbus, OH | 000 | 00.000 | 000000000 | 00.000 |
0000 0000000 00000 | Corporate Backed or Acquired | Wilmington, DE | 0000 | 000000&0 |
Clearcover Executive Team (12)
Clearcover Board Members (11)
Name | Representing | Role | Since |
---|---|---|---|
Atif Rafiq | Self | Board Member | 000 0000 |
Cynthia Hardy | Self | Board Member | 000 0000 |
Daniel Reed | Self | Board Member | 000 0000 |
Derek Brigham | Clearcover | Co-Founder, Chief Operating Officer & Board Member | 000 0000 |
Kyle Nakatsuji | Clearcover | Co-Founder, President, Chief Executive Officer & Board Member | 000 0000 |
Clearcover Signals
Clearcover Investors (17)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Eldridge (Greenwich) | PE/Buyout | Minority | 000 0000 | 000000 0 | |
Fort Ross Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Geodesic Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Hannover Digital Investments | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | |
Sixty Degree Capital | Venture Capital | Minority | 000 0000 | 000000 0 |