Tech Company Financing Transactions
Covr Financial Technologies Funding Round
On 6/16/2017, Covr Financial Technologies raised $5 million in financing from Commerce Ventures, Connectivity Capital Partners and Contour Venture Partners.
Transaction Overview
Company Name
Announced On
6/16/2017
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Covr is excited about partnering with these outstanding venture capital firms. Their extensive experience, business expertise and relationships will help propel Covr's growth. Our expectation is to use these funds to fulfill Covr's strategic growth initiatives and expand talent.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
401 W. Front St. 500
Boise, ID 83702
USA
Boise, ID 83702
USA
Phone
Website
Email Address
Not Recorded
Overview
Which is what led us to insurance -- an industry where the traditional model no longer works for many consumers, so much so that many responsible Americans are leaving themselves underinsured. Trends suggest that it is getting worse. Covr is designed to solve this problem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Kalen
Chief Operating Officer
Amy Jeffryes
Chief Technical Officer
Ryan Allan
President
Ron Alexander
VP - Finance
Alicia Noyes
VP - Marketing
Becky Sellers
VP - Product Management
Michael Furgiuele
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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