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Insurtech firm CoverGo raises $15 million in Series A funding

CoverGo, [https://www.covergo.com/] an insurance technology firm based in Singapore has raised $15 million in its Series A funding round to expand into the international markets, partner with consulting firms and scale its sales and revenue. * The insurtech company said it 10xed its revenue since January 2021 by

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
Insurtech firm CoverGo raises $15 million in Series A funding
Photo by Julien de Salaberry / Unsplash

CoverGo, an insurance technology firm based in Singapore has raised $15 million in its Series A funding round to expand into the international markets, partner with consulting firms and scale its sales and revenue.

  • The insurtech company said it 10xed its revenue since January 2021 by offering automatable insurance product launching and distribution for P&C, life and health insurance companies.
  • The firm is breaking the customary IT methodology for insurance operations with its no-code insurance platform.
  • The funding round was led by SemperVirens Venture Capital based in California with participation from SixThirty, Tribeca Early Stage Partners, and Fresco Capital based in the US.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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