Tech Company Financing Transactions
CoverForce Funding Round
On 3/5/2025, CoverForce secured $13 million in Series A funding from Insight Venture Partners and Nyca Partners.
Transaction Overview
Company Name
Announced On
3/5/2025
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Insight Venture Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its platform's capabilities, onboard additional carriers and distributors, and invest in AI-driven tools to further streamline insurance workflows.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
485 Madison Avenue 1702
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Undisclosed
Website
Email Address
Overview
CoverForce solves digital disconnects in commercial insurance and empowers brokers, PEOs, and distributors with the digital tools they need to grow.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Behram Dinshaw
Chief Executive Officer
Cyrus Karai
Chief Technical Officer
Kaivan Wadia
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