Tech Company Financing Transactions
Qover Funding Round
Qover, based in Brussels, raised $12 million in funding from CIBC Innovation Banking.
Transaction Overview
Company Name
Announced On
3/31/2026
Transaction Type
Debt
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The additional growth capital from CIBC will support Qover's continued investment in its orchestration platform, AI capabilities and operational infrastructure as the company enters its next chapter.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Rue Du Commerce 31
Brussels, 1000
BE
Brussels, 1000
BE
Phone
Undisclosed
Website
Email Address
Overview
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. Its purpose: enabling any company to harness the power of technology to embed insurance as a native component of or add-on to their core product or service, increasing the company's opportunities to grow and decreasing the cost of insurance as the business scales.It was founded in 2016 by Quentin Colmant and Jean-Charles Velge, who had a clear vision of the future of insurance: a simple, transparent and accessible service across borders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Quentin Colmant
Chief Financial Officer
Johannes Hertz
Chief Technical Officer
Nico François
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