Tech Company Financing Transactions
Covu Funding Round
Benhamou Global Ventures and True Global Ventures participated in a $10 million Series A venture round for Covu. The round was announced on 2/20/2025.
Transaction Overview
Company Name
Announced On
2/20/2025
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Benhamou Global Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to: Expand its AI-native roll-up and marketplace business. Enhance AI automation capabilities. Strengthen partnerships within the insurance ecosystem.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
370 Convention Way
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Website
Email Address
Overview
COVU was founded and advised by a team of insurance, finance, and tech industry veterans with a passion for transparent and unbiased advice. COVU's mission is to help both everyday people and professional advisors manage risk and insurance smarter. We help our customers find and fill their coverage gaps and achieve true peace of mind.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ali Safavi
Chief Financial Officer
Abhash Amatya
Chief Financial Officer
Mickias Hailu
Chief Operating Officer
Jose Fernandez
Chief Operating Officer
Don Loonam
Chief Technical Officer
Arokiadoss Anthonimuthu
Chief Technical Officer
Chaitanya Baddam
Chief Technical Officer
Reza Sharifi
President
Tasos Chatzimichailidis
VP - Bus. Development
Mo Safavi
VP - Human Resources
Brian Bell
VP - Product Management
Anton Kovnir
VP - Product Management
Amin Zarshenas
VP - Sales
Teh Chen
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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