Where is Cover located?

Cover is headquartered in San Francisco, United States. It is registered at San Francisco, California.

Who is the current CEO of Cover?

Karn Saroya of Cover. They are also an angel investors in 1 startup.

How many employees does Cover have?

As of Apr 30, 2026, the latest employee count at Cover is 100.

Is Cover a funded company?

Cover is a funded company, having raised a total of $27.1M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Cover?

Cover's latest funding was a $***** Series B round on Oct 02, 2018, with participation from 5 investors. Its primary sector is Internet First Insurance Platforms. In United States, the Internet First Insurance Platforms sector has seen $513M in funding in 2026 to date.

Where does Cover rank among its competitors?

Cover ranks 5th amongst 99 active competitors, of which 14 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Nirvana, which secured $100M in Dec, 2025.

Who are the top competitors of Cover?

Cover's top competitors include Next Insurance, Knightscope and Goosehead. Among them, Nirvana secured the most recent funding round in December, 2025.

Cover - 2026 Company Profile, Team, Funding & Competitors

Cover is a series B company based in San Francisco (United States), founded in 2016 by Karn Saroya, Ben Aneesh, Anand Dhillon and Natalie Eva Gray. It operates as an App-based insurance comparison platform for Property and Casualty insurance. Cover has raised $27.1M in funding from investors like Y Combinator, Social Capital and SV Angel. The company has 99 active competitors, including 14 funded and 21 that have exited. Its top competitors include companies like Next Insurance, Knightscope and Goosehead.

Company Details

App-based insurance comparison platform for Property and Casualty insurance. It offers quotes for auto insurance, home insurance, renters insurance, and more. It also offers quotes for workers compensation, general liability, error and omissions, product liability, cyber insurance, and more. The app is available for Android and iOS platforms.

Website: cover.com
Social
Registered Address: San Francisco, California

Key Metrics

Founded Year

2016

Location

San Francisco, United States

Stage

Series B

Total Funding

$27.1M in 5 rounds

Latest Funding Round

Series B, Oct 02, 2018, $*****

Investors

Y Combinator & 26 more

Ranked

5^th among 99 active competitors

Employee Count

100 as on Apr 30, 2026

Similar Companies

Next Insurance & 562 more

View Cover's full profile

Cover is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COVER FINANCIAL, INC. CIN: 475683708 , United States, Active	Nov 29, 2015	-	2 (As on Dec 31, 2022)	-

Cover has raised a total funding of $27.1M over 5 rounds. Its latest funding round was a Series B round on Oct 02, 2018 for $*****. 5 investors participated in its latest round. Cover has 25 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Cover:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 02, 2018	4040498	Series B	8820345	9299584	4591591	5074711
Jul 13, 2017	7434410	Series A	7919959	5246984	7534591	4291252
2016	6999	Seed	3663	8193	Y Combinator	7179

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View details of Cover's funding rounds and investors

The founders of Cover are Karn Saroya, Ben Aneesh, Anand Dhillon and Natalie Eva Gray.

Here are the details of Cover's key team members:

Karn Saroya: Co-Founder & CEO of Cover and founder of 2 other companies, Cover and Stylekick. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Ben Aneesh: Co-Founder of Cover and founder of 2 other companies, Cover and Cover Insurance.
Anand Dhillon: Co-Founder & CTO of Cover and founder of 2 other companies, Cover and Stylekick.
Natalie Eva Gray: Co-Founder of Cover and founder of 1 other company.

View details of Cover's Founder profiles and Board Members

Cover's employee count trend

Cover has 100 employees as of Apr 26. Here is Cover's employee count trend over the years:

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Top competitors of Cover include Next Insurance, Knightscope and Goosehead. Here is the list of Top 10 competitors of Cover, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Next Insurance 2016, Palo Alto (United States), Acquired	Provider of online small business insurance policies	$1.12B	FinTLV, Battery Ventures & 26 others	75/100
2nd	Knightscope 2013, Sunnyvale (United States), Public	Developer of cloud and AI-based robotic patrolling systems	$47.4M	Konica Minolta, Ntt Docomo Ventures & 27 others	68/100
3rd	Goosehead 2003, Texas City (United States), Public	Online comparison platform for property and casualty insurance	-	-	66/100
4th	Renegade Insurance 2018, Beaverton (United States), Series C	Online platform offering insurance comparison platform for P&C insurances	$165M	Tectonic Capital, NFX & 4 others	66/100
5th	Cover 2016, San Francisco (United States), Series B	App-based insurance comparison platform for Property and Casualty insurance	$27.1M	Shasta Ventures, Sound Ventures & 25 others	65/100
6th	Nirvana 2020, San Francisco (United States), Series D	AI-based insurance risk management and pricing solutions for the fleet insurance industry	$259M	Lightspeed Venture Partners, General Catalyst ... & 6 others	64/100
7th	Marble 2020, New York City (United States), Acquired	Reward-based insurance comparison platform for individuals	$6.73M	IA Capital Group, Distributed Ventures & 10 others	55/100
8th	Gabi 2016, San Francisco (United States), Acquired	Online comparison platform for P&C insurance	$39.1M	Mubadala, Canvas Ventures & 10 others	51/100
9th	Young Alfred 2016, Philadelphia (United States), Acquired	Platform to buy insurance	$11.7M	Gradient Ventures, Entrepreneurs Roundtable Accelerator ... & 4 others	50/100
10th	Safesite 2012, San Francisco (United States), Seed	SaaS-driven safety management software for construction professionals	$1.75M	Blackhorn Ventures, Tandem Capital & 2 others	49/100