COVU logo — COVU delivers a combination of technology, real-time service...

COVU

COVU delivers a combination of technology, real-time service, and sales support to the insurance agency’s customers.

Founded 2022 United States Redwood City, United States 55 employees Series A Total: $42.00M Finance, Financial Services +1

General Information

Company Name COVU
Founded Year 2022
Location United States Redwood City, United States
Employees 55
Industries Finance, Financial Services, Insurance
Funding Stage Series A
Social

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About COVU

COVU is a United States-based startup founded in 2022. The company operates in the Finance, Financial Services, and Insurance industries, offering a unique combination of technology, real-time service, and sales support to insurance agencies. With its slogan "COVU delivers a combination of technology, real-time service, and sales support to the insurance agency’s customers," COVU aims to address the disruptions in the insurance industry and help agencies remain competitive. COVU takes a holistic approach to ensure that insurance agencies thrive by delivering excellent customer experiences. This approach has led to higher retention and more cross-sales for the agency's book, ultimately resulting in increased profitability. Furthermore, agency producers benefit from more time to prospect and sell to higher-value customers. Notably, COVU received a Series A investment on 12 January 2024 from Markd. This investment is a testament to the potential and value that COVU brings to the insurance industry. With its innovative approach and tailored solutions, COVU is poised to make significant strides in the insurance market, offering valuable support to agencies navigating the evolving landscape.

Business keywords: insurance technology, real-time service, sales support, agency operations, customer retention, cross-sales, prospecting, insurance industry disruption, financial management, growth-oriented professionals, transparent advice, business operations

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $10.00M 2
Benhamou Global Ventures, True Global Ventures (TGV)
21 Feb 2025
Series A $22.00M 4
Benhamou Global Ventures, ManchesterStory Group +2
10 Oct 2024
Series A Undisclosed 1
Markd
12 Jan 2024
Seed Round Undisclosed 1
Markd
30 Jun 2023
Seed Round $10.00M 4
UpHonest Capital, Recursive Ventures +2
17 Aug 2022
Pre Seed Round Undisclosed 2
Think + Ventures, Plug and Play
15 Apr 2022
Convertible Note Undisclosed 1
Plug and Play
05 Oct 2020

COVU Alternatives & Competitors

View All Alternatives
COVU vs
PolicyMe
PolicyMe Canada

PolicyMe is on a mission to put families first with simple and affordable insurance.

Series A
122 employees
Finance, Insurance
COVU vs
Inzuzo Ltd
Inzuzo Ltd United Kingdom

Market leader in financial advice enquiries

25 employees
Finance, Financial Services
COVU vs
Curu
Curu United States

Curu helps lenders and loan marketplaces grow their new accounts by recovering their rejected applic...

Seed
12 employees
Finance, Financial Services

FAQ About COVU

COVU delivers a combination of technology, real-time service, and sales support to the insurance agency’s customers.
COVU was founded in 2022.
COVU is headquartered in Redwood City, United States.
COVU operates in Finance, Financial Services and Insurance. Its work centres on insurance technology, real-time service, sales support and agency operations.
COVU has approximately 55 employees.
COVU has completed 7 funding rounds, raising a total of $42.00M. The latest funding stage is Series A.
Top alternatives and competitors to COVU include PolicyMe, Inzuzo Ltd, Curu, Advocate Insurance Service, Inc, Fleming Agency. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
COVU and PolicyMe 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.

Source: BounceWatch company record for COVU, https://bouncewatch.com/company/covu, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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