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Coverdash – Leading Embedded Business Insurance Agency for Startups and SMBs – Announces $13.5M in Series A Funding

PRIVATEFeb 28, 2024

Amount Raised

$13.5 Million

Round Type

Series A

New YorkFinancial ServicesInsurtechInsurance

Investors

Cameron VenturesExpansion VCTokio Marine Future FundAXIS Digital VenturesBling CapitalNyca Partners

Description

Coverdash, the fastest growing startup and SMB focused-insurtech, announced $13.5M in Series A funding. The Series A round was led by Nyca Partners, joining existing investors including Bling Capital, AXIS Digital Ventures, Tokio Marine Future Fund, Expansion VC, Cameron Ventures and others. The latest financing will be used to further expand Coverdash’s embedded partner network, grow its internal team and broaden its insurance carrier panel.

Quick answer

Coverdash raised $13.5 Million in a Series A round, dated February 28, 2024. Investors: Cameron Ventures, Expansion VC, Tokio Marine Future Fund, AXIS Digital Ventures, Bling Capital and Nyca Partners. Coverdash is based in New York, United States.

How much did Coverdash raise?
Coverdash raised $13.5 Million in a Series A round on February 28, 2024.
Who invested in Coverdash?
Cameron Ventures, Expansion VC, Tokio Marine Future Fund, AXIS Digital Ventures, Bling Capital and Nyca Partners are named as investors in this round.
What does Coverdash do?
Coverdash is a fully-digital, business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes.
Where is Coverdash based and how big is it?
Coverdash is based in New York, United States.
Who are the decision-makers at Coverdash?
Fundz holds 1 contact at Coverdash, including the Co-founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Insurtech around the same time

Companies in the same sectors as Coverdash that raised within 45 days of this round, from Fundz verified event records.

  • Ansel Health raised $20M (Funding Round) on January 23, 2024.
  • Ansel Health raised $20M (Funding Round) on January 23, 2024.
  • Akad Seguros raised $23M (Series A) on April 12, 2024.
  • Pacific Life raised $704M on April 1, 2024.
  • SOSTENGO raised $3.8M (Seed) on March 13, 2024.
  • Vouch raised $25M (Series C) on March 11, 2024.

Who to call at Coverdash, and when

A new round usually means Coverdash is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Coverdash raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Coverdash, from your own LinkedIn network

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Company Information

Company

Coverdash

Location

New York, United States

About

Coverdash is a fully-digital, business insurance agency that specializes in serving the insurance needs of businesses of all shapes and sizes. Coverdash’s embedded technology enables any partner to host its end-to-end insurance experience with a single line of code.

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Fundz sees it the moment Coverdash raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contacts Ralph B., Co-founder & CEO hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Coverdash raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.