Covie Systems

Covie Systems

Covie – Transact With Insurance Data.

HQ location
Pflugerville, United States
Website
Launch date
Employees
Enterprise value
$15—22m
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DateInvestorsAmountRound
-investor investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
investor investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20212023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Covie Systems
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Covie.io is a startup that specializes in simplifying the integration of insurance data into various applications and workflows. The company operates in the insurance technology (InsurTech) sector, which aims to modernize and streamline the insurance industry through innovative technology solutions.

Covie.io primarily serves developers, businesses, and financial planners who need to incorporate insurance data into their applications or services. By providing a developer-friendly platform, Covie.io allows these clients to access and integrate insurance data quickly and easily through Application Programming Interfaces (APIs). APIs are tools that allow different software applications to communicate with each other.

The company's business model revolves around offering a suite of APIs and user interfaces that facilitate the secure and efficient integration of insurance data. This enables businesses to keep real-time tabs on their customers', vendors', or business partners' insurance status, ensuring that it remains active and automating enforcement actions for any lapses. Additionally, Covie.io's platform supports financial planning by incorporating insurance product information to assess financial risks.

Covie.io makes money by charging fees for access to its APIs and platform services. These fees can be based on usage, subscription models, or custom pricing plans tailored to the needs of larger enterprises. By providing a seamless and efficient way to integrate insurance data, Covie.io adds value to its clients by saving them time and reducing the complexity associated with handling insurance information.

In summary, Covie.io is committed to transforming the insurance industry's fractured ecosystem by offering tools that enhance accessibility, convenience, and interoperability. This makes it easier for consumers and businesses to work with insurance companies and utilize their offerings.

Keywords: InsurTech, API integration, insurance data, financial planning, real-time tracking, automation, developer-friendly, seamless integration, user interface, interoperability.

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