CoverHound is a leading insurance technology company, offering a seamless platform for customers to compare, quote, and purchase insurance online from A-rated property & casualty carriers. Emphasizing transparency and simplicity, it provides fast, accurate, and actionable rates for both personal and business insurance needs. The company's industry-first technology and user-friendly interface enable customers from all 50 states to easily obtain insurance quotes. As a part of the Retail segment of Brown & Brown, Inc. (NYSE: BRO), CoverHound is focused on enhancing the insurance shopping experience and expanding its presence in the micro-commercial segment. The company has recently received a $58.00M Series D investment on 29 January 2019 from Mitsui Sumitomo Insurance Capital, Hiscox, Aflac Global Ventures, and Chubb. With a commitment to strategic partnerships and B2B relationships, it operates with a fully remote team, serving customers and small businesses nationwide.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | $58.00M | 4 | Hiscox, Chubb | 29 Jan 2019 |
Series C | $33.30M | 7 | Employee Stock Option Fund | 22 Sep 2015 |
Series B | $14.00M | 5 | Thomas Lehrman | 09 Mar 2015 |
Series A | $4.50M | 6 | Paul Sethi, Ed Ojdana | 08 Feb 2013 |
Seed Round | $500.00K | 1 | Source Interlink Companies | 13 Sep 2012 |
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