Qover secures $12m growth facility from CIBC Innovation Banking to enhance its embedded insurance infrastructure.
Amount Raised
$12 Million
Round Type
Debt Financing
BrusselsInsurtechInsuranceInvestors
Description
Qover has secured a $12m growth capital facility from CIBC Innovation Banking as it marks its 10th anniversary. This funding will help Qover expand its orchestration platform and AI capabilities. Founded in 2016, Qover provides technology enabling companies to embed insurance into their digital products. With the new funding, the company aims to protect 100 million users by 2030.
Quick answer
Qover raised $12 Million in a Debt Financing round, dated March 31, 2026. Investors: CIBC Innovation Banking. Qover is based in Brussels, Brussels, Belgium.
- How much did Qover raise?
- Qover raised $12 Million in a Debt Financing round on March 31, 2026.
- Who invested in Qover?
- CIBC Innovation Banking is named as investors in this round.
- What does Qover do?
- Qover is a leader in embedded insurance orchestration, aiming to create a global safety net with insurance that empowers people to live life to the fullest.
- Where is Qover based and how big is it?
- Qover is based in Brussels, Brussels, Belgium.
- Who are the decision-makers at Qover?
- Fundz holds 2 contacts at Qover, including the Chief Revenue Officer (CRO). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurtech and Insurance around the same time
Companies in the same sectors as Qover that raised within 45 days of this round, from Fundz verified event records.
- Outmarket raised $17M (Series A) on May 13, 2026.
- Gradient AI raised an undisclosed amount (Debt Financing) on March 4, 2026.
- Harper Insure raised $47M (Series A) on March 2, 2026.
- General Magic raised $7.2M (Funding Round) on February 24, 2026.
- Humana raised $1.5B (Funding Round) on May 15, 2026.
- High Street Holdco raised $2.3M on May 15, 2026.
Who to call at Qover, and when
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- An alert the day Qover raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Qover, from your own LinkedIn network
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Related People
Qover raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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