CoverWallet Overview

  • Founded
  • 2015
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 300
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $300M
Latest Deal Amount
  • Investors
  • 1

CoverWallet General Information

Description

Developer of a platform designed to make the insurance-buying process with data analytics easier. The company's platform helps manage commercial insurance policies with every service and communications needed, enabling small businesses to understand, buy, and manage business insurance online easily.

Contact Information

Website
www.coverwallet.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Insurance Brokers
Other Industries
Commercial/Professional Insurance
Financial Software
Parent Company
Aon
Primary Office
  • 100 Avenue of the Americas
  • Floor 16
  • New York, NY 10013
  • United States
+1 (646) 000-0000
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CoverWallet Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 03-Jan-2020 $300M 000.00 00000 Completed Generating Revenue
7. Corporate 24-May-2019 0000 000.00 Completed Generating Revenue
6. Early Stage VC 07-Jun-2018 000.00 Completed Generating Revenue
5. Early Stage VC 01-Apr-2018 000.00 Completed Generating Revenue
4. Early Stage VC (Series B) 05-Oct-2017 000.00 000.00 000.00 Completed Generating Revenue
3. Early Stage VC (Series A1) 10-Apr-2017 000 000.00 0000 Completed Startup
2. Early Stage VC (Series A) 17-Nov-2016 $7.8M $9.8M 000.00 Completed Startup
1. Seed Round 08-Mar-2016 $2M $2M 0000 Completed Startup
To view CoverWallet’s complete valuation and funding history, request access »

CoverWallet Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A-1 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A 3,178,080 $0.000100 $1.42 $1.42 1x $1.42 10.19%
Seed 6,152,947 $0.000100 $0.91 $0.91 1x $0.91 19.72%
To view CoverWallet’s complete cap table history, request access »

CoverWallet Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a platform designed to make the insurance-buying process with data analytics easier. The company's platform
Insurance Brokers
New York, NY
300 As of 2020
000.00
0000 0000-00-00
000000&0 000.00

00000000

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00000000000000000000000 000000000
San Francisco, CA
000 As of 0000
00000
0000 0000-00-00
00000000000 00000

0000 000

s aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
00000000000000000000000 000000000
Palo Alto, CA
0000 As of 0000
00000
00 0000-00-00
00000000000 00000
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CoverWallet Competitors (18)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Embroker Venture Capital-Backed San Francisco, CA 000 00000 00000000000 00000
0000 000000000 Venture Capital-Backed Palo Alto, CA 0000 00000 00000000000 00000
0000 000000000 000 Venture Capital-Backed Boise, ID 00 000.00 0000000000 0 000.00
000000000 Formerly VC-backed Singapore, Singapore 00 000.00 000000&0 000.00
00ō0 Formerly VC-backed Danville, CA 00 000.00 000000&0 000.00
You’re viewing 5 of 18 competitors. Get the full list »

CoverWallet Executive Team (30)

Name Title Board Seat Contact Info
Inaki Berenguer Ph.D Co-Founder, Chief Executive Officer & Board Member
James Ermilio JD President, Insurance
Rashmi Melgiri Co-Founder & Chief Operating Officer
Pablo Molina Chief Technology Officer
Jorge Franco Head of Digital Paid Media
You’re viewing 5 of 30 executive team members. Get the full list »

CoverWallet Board Members (5)

Name Representing Role Since
Charles Moldow Foundation Capital Board Member 000 0000
Courtney Leimkuhler Self Board Member 000 0000
Inaki Berenguer Ph.D CoverWallet Co-Founder, Chief Executive Officer & Board Member 000 0000
John Buttrick JD Union Square Ventures Board Member 000 0000
Philip Edmundson Self Board Member 000 0000
To view CoverWallet’s complete board members history, request access »

CoverWallet Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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CoverWallet Former Investors (28)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Alex Lintner Angel (individual) Minority 000 0000 000000 0
Alfonso Villanueva Angel (individual) Minority 000 0000 000000 0
Amol Sarva Angel (individual) Minority 000 0000 000000 0
Andres Blank Angel (individual) Minority 000 0000 000000 0
Borja Borrero Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 28 investors. Get the full list »

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