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Icover Raises $5 Million In Pre-Series A Funding

Aug 31, 2022over 3 years ago

Amount Raised

$5 Million

Round Type

pre-series a

ChesterfieldCryptocurrencyBlockchainArtificial Intelligence

Description

iCover, a Missouri-based Insurtech that provides an algorithmic underwriting and QUITM based eApp Service for life insurance companies, raised $5 million in Pre-Series A funding.

Company Information

Company

iCover

Location

Olive

Chesterfield, Virginia, United States

About

The company intends to use the funds raised to increase technical staff, expand sales and marketing, and bolster R&D efforts related to their AI underwriting framework and private Blockchain network. About iCoveriCover is the first "plug and play" algorithmic underwriting platform in the InsurTech space.

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