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CoverForce logo — API to quote, pay & bind insurance with top tier carriers

CoverForce

API to quote, pay & bind insurance with top tier carriers

Founded 2020 United States New York, United States 26 employees Seed Total: $5.00M API, Insurance +1

General Information

Company Name CoverForce
Founded Year 2020
Location United States New York, United States +1
Founders / Decision Makers
Team member
Employees 26
Industries API, Insurance, Insurtech
Funding Stage Seed
Social

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About CoverForce

CoverForce is an insurtech startup that offers an API toolkit to connect distributors to the leading insurance carriers. Founded in 2020 at The University of Pennsylvania's Innovation Labs, the company has swiftly expanded its reach and currently collaborates with several top 10 P&C insurance companies. With its focus on insurance and commercial insurance, CoverForce is positioned at the forefront of the insurtech industry. The startup is headquartered in the United States. In its latest funding round on 01 January 2022, CoverForce secured a significant investment of $5.00M from a consortium of notable investors including QED Investors, NYCA Partners, Muir Capital, Karman Ventures (fka Moving Capital), Darian Shirazi, and Sidekick Partners. The strong backing from these prominent investors underscores the potential and promise of CoverForce in revolutionizing the insurance industry through its innovative API toolkit.

Taxonomy: API integration, Insurance technology, Distributor connectivity, University of Pennsylvania Innovation Labs, P&C insurance, Startup growth

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 6
Investor Investor Investor Investor
•••• •••• 		01 Jan 2022

CoverForce Alternatives & Competitors

CoverForce vs
JM Insurance Services, LLC
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CoverForce vs
GMX SEGUROS
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CoverForce vs
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Also compare with: CoverForce vs McDougall Insurance & Financial McDougall Insurance & Financial

FAQ About CoverForce

API to quote, pay & bind insurance with top tier carriers
CoverForce was founded in 2020.
CoverForce is headquartered in New York, United States.
CoverForce operates in the following industries: API, Insurance, Insurtech.
CoverForce has approximately 26 employees.
CoverForce has completed 1 funding round, raising a total of $5.00M. The latest funding stage is Seed.
Top alternatives and competitors to CoverForce include JM Insurance Services, LLC, GMX SEGUROS, Ahorra Seguros, McDougall Insurance & Financial, NSIA Insurance Ghana. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CoverForce and JM Insurance Services, LLC 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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