Tech Company Financing Transactions

CoverWallet Funding Round

CoverWallet, based in New York, secured $18.5 million from Foundation Capital, Index Ventures and private investors.

Transaction Overview

Company Name
Announced On
10/13/2017
Transaction Type
Venture Equity
Amount
$18,500,000
Round
Series B
Investors

Foundation Capital (Lead Investor) (Charles Moldow)

Index Ventures

Private Investors (CV Starr)

Two Sigma Ventures

Union Square Ventures (John Buttrick)

Proceeds Purpose
The company plans to use the new funding to continue building its core technology, expand partnerships, and scale operations, in order to meet growing demand and to solidify its position as a market leader.

Company Information

Company Status
Acquired or Merged
Industry
InsureTech
Mailing Address
100 Ave. of the Americas Floor 16
New York, NY 10013
USA
Email Address
Overview
The easiest way to understand, buy and manage insurance for your business, all online.
Profile
CoverWallet LinkedIn Company Profile
Social Media
CoverWallet Company Twitter Account
Company News
CoverWallet News
Facebook
CoverWallet on Facebook
YouTube
CoverWallet on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Inaki Berenguer
  Inaki Berenguer LinkedIn Profile  Inaki Berenguer Twitter Account  Inaki Berenguer News  Inaki Berenguer on Facebook
Chief Operating Officer
Rashmi Melgiri
  Rashmi Melgiri LinkedIn Profile  Rashmi Melgiri Twitter Account  Rashmi Melgiri News  Rashmi Melgiri on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/13/2017: SonicCloud venture capital transaction
Next: 10/13/2017: ICX Media venture capital transaction

 

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About Database of VC Transactions

We do our best to report on every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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