CoverForce raised $13 million in a Series A funding round led by Insight Partners to enhance its marketplace for quote-and-bind API connections in commercial insurance.
Amount Raised
$13 Million
Round Type
Series A
New YorkMarketplaceInsurtechInsuranceInvestors
Description
CoverForce has secured a $13 million Series A funding round led by Insight Partners, with additional participation from Nyca Partners. The investment aims to accelerate its mission of modernizing the commercial insurance industry through seamless digital interactions.
Quick answer
CoverForce raised $13 Million in a Series A round, dated March 5, 2025. Investors: Nyca Partners and Insight Partners. CoverForce is based in New York, New York, United States.
- How much did CoverForce raise?
- CoverForce raised $13 Million in a Series A round on March 5, 2025.
- Who invested in CoverForce?
- Nyca Partners and Insight Partners are named as investors in this round.
- What does CoverForce do?
- CoverForce is a leading marketplace for quote-and-bind API connections in commercial insurance, offering a trusted and secure platform for carriers, agencies, and wholesalers.
- Where is CoverForce based and how big is it?
- CoverForce is based in New York, New York, United States. Fundz records about 29 employees.
- Who are the decision-makers at CoverForce?
- Fundz holds 2 contacts at CoverForce. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Marketplace and Insurtech around the same time
Companies in the same sectors as CoverForce that raised within 45 days of this round, from Fundz verified event records.
- Planck raised an undisclosed amount (Pre-Seed) on April 17, 2025.
- Luzern Risk raised $12M (Series A) on April 9, 2025.
- Foliume raised $1M (Seed) on April 5, 2025.
- Vivere Partners raised $7.5M (Series A) on April 2, 2025.
- FurtherAI raised $5M (Seed) on April 2, 2025.
- nettle raised $1.9M (Pre-Seed) on April 1, 2025.
Who to call at CoverForce, and when
A new round usually means CoverForce is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CoverForce raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CoverForce, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at CoverForce. With Fundz connected, it knows.
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Fundz sees it the moment CoverForce raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
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