Cover Genius

Cover Genius

The insurtech for embedded insurance.

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DateInvestorsAmountRound
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$80.0m

Series E
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD201920202021
Revenues000000000000
% growth-23 %50 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Cover Genius
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Cover Genius is a leading insurtech company specializing in embedded insurance solutions for global digital platforms. The company partners with some of the largest digital companies, including Booking Holdings, Intuit, Ryanair, Descartes ShipRush, Skyscanner, Ola, and AXS, and is available on major e-commerce platforms like Amazon, eBay, Flipkart, Shopee, and Wayfair. Cover Genius operates in the insurtech market, focusing on providing end-to-end insurance solutions through a single API, which simplifies the integration process for its clients. The company's business model revolves around embedding insurance products directly into the purchase flow of its partners' platforms, offering a seamless and frictionless experience for end-users. Cover Genius makes money by charging fees for the insurance policies sold through its platform, as well as through partnerships with insurance carriers and other stakeholders in the insurance ecosystem. The company serves a diverse range of clients, including online travel agencies, e-commerce platforms, logistics providers, and retailers, offering tailored insurance products such as travel protection, extended warranties, shipping insurance, and more. By leveraging its global reach and innovative technology, Cover Genius aims to provide comprehensive and customized insurance solutions that enhance customer satisfaction and drive business growth for its partners.

Keywords: insurtech, embedded insurance, global platforms, single API, e-commerce, travel protection, extended warranties, logistics insurance, seamless integration, customer satisfaction.

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Investments by Cover Genius

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Clyde
ACQUISITION by Cover Genius Mar 2023
Booking Protect
ACQUISITION by Cover Genius Jul 2022