Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > October 2017 VC Transactions
CoverWallet

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

CoverWallet

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

Phone

(646) 844-9933

Website

www.coverwallet.com

Email Address

[email protected]

Overview

The easiest way to understand, buy and manage insurance for your business, all online.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Inaki Berenguer

Chief Operating Officer

Rashmi Melgiri

Browse more venture capital transactions:

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

Share this article

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.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary