Tech Company Financing Transactions
iCover Funding Round
On 8/31/2022, iCover landed $5 million in Series A financing from private investors.
Transaction Overview
Company Name
Announced On
8/31/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
private investors (Lead Investor) (Kesan Parasuraman)
Proceeds Purpose
The company intends to use the funds to increase technical staff, expand sales and marketing, and bolster R&D efforts related to their AI underwriting framework and private Blockchain network.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
15510 Olive 205
Chesterfield, MO 63017
USA
Chesterfield, MO 63017
USA
Phone
Website
Email Address
Overview
iCover is a digital service that enables insurers to sell, underwrite, and issue life insurance in 5 minutes, at a fraction of the typical cost.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hari Srinivasan
Chief Operating Officer
Nicole Mwesigwa
Chief Technical Officer
Vijay Narayan
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We record all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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