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Babel Cover logo — Developer and operator of an insurance-linked trading venue

Babel Cover

Developer and operator of an insurance-linked trading venue

Founded 2018 4 employees Seed Financial Services, Insurance +1

General Information

Company Name Babel Cover
Founded Year 2018
Employees 4
Industries Financial Services, Insurance, Insurtech
Funding Stage Seed
Social

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About Babel Cover

Babel Cover is a British financial engineering and insurance technology company founded in 2018. The company's slogan "Developer and operator of an insurance-linked trading venue" reflects its core mission of connecting buyers, sellers, and algo-traders of insurance over the internet. Babel Cover operates in the Financial Services, Insurance, and Insurtech industries and recently received a Seed Round investment on 20 October 2022. This round of investment was led by Markd, a notable player in the venture capital landscape. Babel Cover's innovative approach to insurance trading has the potential to disrupt the traditional insurance market and offers an intriguing investment opportunity for venture capitalists.

Taxonomy: Financial technology, Technology platform, Shared ledger, Algotrading, Insurtech, Regulatory technology, Online marketplace

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
20 Oct 2022
Pre Seed Round •••••• 1 •••• •••• 01 Jan 2020
Angel Round •••••• - 01 Jan 2018

Babel Cover Alternatives & Competitors

Babel Cover vs
Insurance-Canada.ca
Insurance-Canada.ca Canada

Where insurance and technology meet

7 employees
Finance, Insurance
Babel Cover vs
Mawazna.com
Mawazna.com Pakistan

Pakistan's leading Digital Insurance Marketplace, offering trusted solutions for business and consum...

Seed
2 employees
Finance, Financial Services
Babel Cover vs
COMPARITY
COMPARITY United States

We turn mortgage loan applications into home insurance quotes for lenders, borrowers, and agents so...

Seed
2-10 employees
Finance, Financial Services

FAQ About Babel Cover

Developer and operator of an insurance-linked trading venue
Babel Cover was founded in 2018.
Babel Cover operates in the following industries: Financial Services, Insurance, Insurtech.
Babel Cover has approximately 4 employees.
Babel Cover has completed 3 funding rounds. The latest funding stage is Seed.
Top alternatives and competitors to Babel Cover include Insurance-Canada.ca, Mawazna.com, COMPARITY, Digital Insurance Group, Walnut Insurance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Babel Cover and Insurance-Canada.ca are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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