When was Coverage Cat founded?

Coverage Cat was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Coverage Cat located?

Coverage Cat is headquartered in United States.

How many employees does Coverage Cat have?

As of May 31, 2026, the latest employee count at Coverage Cat is 15.

Is Coverage Cat a funded company?

Coverage Cat is a funded company, having raised a total of $4.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2022.

When was the latest funding round of Coverage Cat?

Coverage Cat's latest funding was a $***** Series A round on Jul 11, 2022, with participation from 0 investor. Its primary sector is Internet First Insurance Platforms. In United States, the Internet First Insurance Platforms sector has seen $555M in funding in 2026 to date.

Where does Coverage Cat rank among its competitors?

Coverage Cat ranks 156th amongst 797 active competitors, of which 43 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was ACKO, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Coverage Cat?

Coverage Cat's top competitors include ACKO, Digit Insurance and Progressive Insurance. Among them, ACKO secured the most recent funding round in July, 2025.

Coverage Cat - 2026 Company Profile, Funding & Competitors

Coverage Cat is a series A company based in United States, founded in 2022. It operates as a Provider of insurance risk management services. Coverage Cat has raised $4.5M in funding from Y Combinator. The company has 797 active competitors, including 43 funded and 103 that have exited. Its top competitors include companies like ACKO, Digit Insurance and Progressive Insurance.

Company Details

Website: www.coveragecat.com/
Social
Email ID: *****@coveragecat.com

Key Metrics

Founded Year

2022

Location

United States

Stage

Series A

Total Funding

$4.5M in 2 rounds

Latest Funding Round

Series A, Jul 11, 2022, $*****

Investors

Y Combinator & 4 more

Ranked

156^th among 797 active competitors

Employee Count

15 as on May 31, 2026

Similar Companies

ACKO & 517 more

View Coverage Cat's full profile

Coverage Cat is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COVERAGE CAT INC CIN: 882698187 , United States, Active	Dec 31, 1999	-	4 (As on Dec 31, 2024)	-
COVERAGE CAT INC CIN: 32085953928 , United States, Active	Aug 19, 2022	-	-	-
Coverage Cat Inc. CIN: 1947379 , United States, Active		$1 - $1M (As on Mar 07, 2023)	-	-

Coverage Cat has raised a total funding of $4.5M over 2 rounds. Its first funding round was on 2022. Coverage Cat has 5 institutional investors.

Here is the list of recent funding rounds of Coverage Cat:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2022	7569854	Series A	1604222	4342173	5775944	5743031
2022	4668	Seed	7124	5856	Y Combinator	4303

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View details of Coverage Cat's funding rounds and investors

Coverage Cat's employee count trend

Coverage Cat has 15 employees as of May 26. Here is Coverage Cat's employee count trend over the years:

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Top competitors of Coverage Cat include ACKO, Digit Insurance and Progressive Insurance. Here is the list of Top 10 competitors of Coverage Cat, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ACKO 2016, Bengaluru (India), Series E	Provider of car, bike, health, life, and travel insurance policies	$598M	Multiples Alternate Asset Management, Accel ... & 48 others	85/100
2nd	Digit Insurance 2016, Bengaluru (India), Public	Provider of general and life insurance products across various categories	$462M	Faering Capital, A91 Partners & 35 others	84/100
3rd	Progressive Insurance 1937, Mayfield Heights (United States), Public	Internet first provider of life, health, auto, home, and business insurance services	-	Venture for America, Vulcan Capital & 1 others	74/100
4th	Lemonade 2015, New York City (United States), Public	Provider of various insurance policies including car, pet, home, and life	$644M	SoftBank Group, General Catalyst & 52 others	74/100
5th	Tata Capital 2007, Mumbai (India), Public	Diversified non-banking financial company	-	-	73/100
6th	Acrisure 2005, Grand Rapids (United States), Acquired	Provider of insurance and business solutions for individuals and businesses	$8.3B	BDT & MSD Partners, Blackstone & 15 others	73/100
7th	MetLife 1868, New York City (United States), Public	Internet first provider of life, health, auto, home, and pet insurance services	-	Stone Point Capital, Village Capital & 1 others	73/100
8th	FWD 2013, Hong Kong (China), Public	Online life and health insurance platform for individuals	$1.82B	Siam Commercial Bank, Li Ka Shing Foundation ... & 10 others	70/100
9th	Allstate 1931, Chicago (United States), Public	Internet first provider of life, property, auto, and business insurance services	-	-	70/100
10th	AIG 1919, New York City (United States), Public	Internet first provider of life, health, accident & travel insurance services	-	Orbis Investment Management, Interpublic & 2 others	68/100
156th	Coverage Cat 2022, United States, Series A	Provider of insurance risk management services	$4.5M	Y Combinator, Resolute Ventures & 3 others	32/100