CoverHound Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 120

Employees

  • Latest Deal Type
  • M&A

CoverHound General Information

Description

Developer of an online insurance marketplace designed to simplify the comparison and purchasing process. The company's platform provides a comparison engine, digital quoting, online binding, insurance storefronts and licensed advisor support, enabling individuals and small businesses to compare real-time rates and purchase personalized coverage.

Contact Information

Website
www.coverhound.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Post Office Box 9070
  • Carlsbad, CA 92018-9070
  • United States
+1 (866)
Primary Industry
Insurance Brokers
Other Industries
Financial Software
Business/Productivity Software
Parent Company
Brown & Brown
Vertical(s)
TMT, InsurTech, FinTech
Corporate Office
  • Post Office Box 9070
  • Carlsbad, CA 92018-9070
  • United States
+1 (866)

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CoverHound Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 01-Nov-2020 Completed Generating Revenue
7. Debt - PPP 28-Apr-2020 Completed Generating Revenue
6. Later Stage VC (Series D) 29-Jan-2019 Completed Generating Revenue
5. Later Stage VC (Series C) 22-Sep-2015 Completed Generating Revenue
4. Early Stage VC (Series B) 09-Mar-2015 Completed Generating Revenue
3. Early Stage VC (Series A) 05-Feb-2013 Completed Generating Revenue
2. Seed Round 03-Jun-2011 $750K $750K Completed Generating Revenue
1. Accelerator/Incubator 02-Jun-2011 Completed Generating Revenue
To view CoverHound’s complete valuation and funding history, request access »

CoverHound Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series D
Series C
Series B 37,476,153 $0.000010 $0.03 $0.42 $0.42 1x $0.42 17.81%
Series A 17,469,980 $0.000010 $0.03 $0.47 $0.47 1x $0.47 8.3%
To view CoverHound’s complete cap table history, request access »

CoverHound Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an online insurance marketplace designed to simplify the comparison and purchasing process. The company's p
Insurance Brokers
Carlsbad, CA
120 As of 2020

Frankfurt, Germany
 

Atlanta, GA
 
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CoverHound Competitors (16)

One of CoverHound’s 16 competitors is Clark, a Venture Capital-Backed company based in Frankfurt, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Clark Venture Capital-Backed Frankfurt, Germany
Layr (Business/Productivity Software) Venture Capital-Backed Atlanta, GA
BizInsure Formerly VC-backed Walnut Creek, CA
Embroker Venture Capital-Backed San Francisco, CA
Zensurance Formerly VC-backed Toronto, Canada
You’re viewing 5 of 16 competitors. Get the full list »

CoverHound Patents

  • 16

    Total Documents Applications and Grants

  • Total Patents Families

  • 6

    Granted

  • Pending

  • Expiring in next 12 mo

CoverHound Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-2370061-B Ground surface access assemblies Inactive 12-Dec-2000
GB-2370061-A Manhole cover with lifting key Active 12-Dec-2000
GB-2368604-A Frame assemblies for manhole covers Active 04-Nov-2000
GB-2368604-B Ground surface access assemblies Inactive 04-Nov-2000
GB-2368605-B Ground surface access assemblies Inactive 04-Nov-2000 E02D29/14
To view CoverHound’s complete patent history, request access »

CoverHound 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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CoverHound Former Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Aflac Ventures Corporate Venture Capital Minority
American Family Ventures Venture Capital Minority
AngelPad Accelerator/Incubator Minority
Blumberg Capital Venture Capital Minority
Bullpen Capital Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

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CoverHound FAQs

  • When was CoverHound founded?

    CoverHound was founded in 2010.

  • Where is CoverHound headquartered?

    CoverHound is headquartered in Carlsbad, CA.

  • What is the size of CoverHound?

    CoverHound has 120 total employees.

  • What industry is CoverHound in?

    CoverHound’s primary industry is Insurance Brokers.

  • Is CoverHound a private or public company?

    CoverHound is a Private company.

  • What is CoverHound’s current revenue?

    The current revenue for CoverHound is .

  • How much funding has CoverHound raised over time?

    CoverHound has raised $114M.

  • Who are CoverHound’s investors?

    Aflac Ventures, American Family Ventures, AngelPad, Blumberg Capital, and Bullpen Capital are 5 of 19 investors who have invested in CoverHound.

  • Who are CoverHound’s competitors?

    Clark, Layr (Business/Productivity Software), BizInsure, Embroker, and Zensurance are some of the 16 competitors of CoverHound.

  • When was CoverHound acquired?

    CoverHound was acquired on 01-Nov-2020.

  • Who acquired CoverHound?

    CoverHound was acquired by Brown & Brown.

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