Covr Financial Technologies

Covr Financial Technologies

Multi-carrier, digital life insurance platform that is white-labeled and distributed through financial institutions.

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DateInvestorsAmountRound
-investor

€0.0

round
investor investor investor investor

€0.0

round
investor investor investor investor investor

€0.0

round
N/A

€0.0

round
investor investor investor

€0.0

round
investor

€0.0

round
*

$15.0m

Series B
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-17 %55 %100 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Covr Financial Technologies
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Covr Financial Technologies is a digitally enabled brokerage general agency (BGA) that revolutionizes the way life insurance is sold. The company partners with financial institutions to provide a comprehensive, turnkey solution for life, long-term care, and disability insurance. Covr's innovative digital platform simplifies the process of selling and buying insurance policies, making it efficient and user-friendly. Clients can compare rates from leading insurance carriers and purchase policies within minutes. Covr serves financial institutions, their advisors, and their customers, operating primarily in the insurance and financial services market. The business model focuses on providing white-label solutions that integrate seamlessly with financial institutions' existing systems, thereby enhancing their service offerings. Covr generates revenue through commissions from insurance carriers and fees for its digital platform services.

Keywords: digital insurance, brokerage general agency, life insurance, long-term care, disability insurance, financial institutions, white-label solutions, insurance carriers, streamlined process, digital platform.

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Investments by Covr Financial Technologies

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InforcePro
ACQUISITION by Covr Financial Technologies Jul 2017