CoverHound - About the company
CoverHound is an acquired company based in San Francisco (United States), founded in 2010 by Rory Joyce. It operates as an Online insurance comparison platform for individuals and businesses. CoverHound has raised $119M in funding from investors like Blumberg Capital, Tugboat Ventures and RRE Ventures, with last known valuation of $*****. The company has 157 active competitors, including 17 funded and 32 that have exited. Its top competitors include companies like EverQuote, NerdWallet and Insurify.
Company Details
CoverHound provides an online insurance comparison platform for individuals and businesses. It offers quotes for life insurance, auto insurance, homeowners insurance, renters insurance, and more. It also offers quotes for cyber insurance, business owner insurance, personal liability insurance, workers compensation insurance, and more.
- Website
- www.coverhound.com/
- Email ID
- *****@coverhound.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Acquired
Total Funding
$119M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 22, 2015
Investors
Ranked
9th among 157 active competitors
Employee Count
28 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Brown & Brown Insurance (Nov 09, 2020)
Legal entities associated with CoverHound
CoverHound is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
COVERHOUND INC CIN: 272553779 , United States, Active | Dec 26, 999 | - | 130 (As on Dec 31, 2019) | - |
CoverHound's acquisition details
CoverHound got acquired by Brown & Brown Insurance on Nov 09, 2020.
Click here to take a look at CoverHound's acquisition in detail
Sign up to download CoverHound's company profile
CoverHound's funding and investors
CoverHound has raised a total funding of $119M over 8 rounds. Its first funding round was on Mar 29, 2011. Its latest funding round was a Series D round on Feb 05, 2019 for $*****. 3 investors participated in its latest round. CoverHound has 13 institutional investors.
Here is the list of recent funding rounds of CoverHound:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 05, 2019 | 6525532 | Series D | 5273503 | 2043070 | 1617052 | 4977732 |
Sep 22, 2015 | 5471917 | Series C | 3420719 | 7638027 | 8541570 | |
Mar 09, 2015 | 8281621 | Series B | 8571254 | 6110565 |
View details of CoverHound's funding rounds and investors
CoverHound's founders and board of directors
Founder? Claim ProfileThe founders of CoverHound is Rory Joyce.
Here are the details of CoverHound's key team members:
- Rory Joyce: Co-Founder & Chief Product Officer of CoverHound and founder of 1 other company.
View details of CoverHound's Founder profiles and Board Members
CoverHound's employee count trend
CoverHound has 28 employees as of Sep 26. Here is CoverHound's employee count trend over the years:
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CoverHound's Competitors and alternates
Top competitors of CoverHound include EverQuote, NerdWallet and Insurify. Here is the list of Top 10 competitors of CoverHound, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | EverQuote 2011, Cambridge (United States), Public | Online comparison platform for automotive & other insurances | $37.6M | 75/100 | |
2nd | NerdWallet 2009, San Francisco (United States), Public | App-based comparison platform for financial products | $123M | 75/100 | |
3rd | Insurify 2013, Cambridge (United States), Series B | Online comparison platform for car insurance | $154M | 72/100 | |
4th | Policygenius 2014, New York City (United States), Acquired | App-based insurance comparison platform for individuals | $288M | 67/100 | |
5th | The Zebra 2012, Austin (United States), Series D | Online insurance comparison platform for individuals | $262M | 67/100 | |
6th | Assurance 1995, Bellevue (United States), Acquired | Online insurance marketplace offering diverse coverage options; now closed | - | - | 52/100 |
7th | Amplify Life Insurance 2019, San Francisco (United States), Series B | Online insurance comparison platform | $67.1M | 52/100 | |
8th | Mylo 2015, Kansas City (United States), Series A | AI-based life and P&C insurance comparison platform for individuals and businesses | $43M | 50/100 | |
9th | CoverHound 2010, San Francisco (United States), Acquired | Online insurance comparison platform for individuals and businesses | $119M | 49/100 | |
10th | Quilt 2016, New York City (United States), Acquired | Intelligent photo journaling platform to capture, organize, and preserve family memories | $3.25M | 47/100 |
Looking for more details on CoverHound's competitors? Click here to see the top ones
CoverHound's Investments and acquisitions
CoverHound has made no investments or acquisitions yet.
Reports related to CoverHound
Here is the latest report on CoverHound's sector:
News related to CoverHound
•
For Brown & Brown, Acquiring CoverHound Accelerates Tech Modernization EffortsInsurance Journal•Jan 14, 2021•CoverHound, CyberPolicy
•
Brown & Brown, Inc. Acquires CoverHound and CyberPolicy to Accelerate Digital Insurance DistributionGlobeNewswire•Nov 09, 2020•CoverHound, CyberPolicy, Brown & Brown Insurance
•
Marsh taps global Bluestream and US affinity leaderInsurance Business America•Dec 04, 2019•Marsh, CoverHound
•
Los Angeles Business Journal Names CoverHound a Top Place to Work for 2019GlobeNewswire•Aug 19, 2019•CoverHound
•
Why a San Francisco insurance-technology company is expanding to CharlotteThe Business Journals•Apr 01, 2019•CoverHound
•
Insurtech CoverHound Raises $58 Million to Drive Cyber Unit, Open North Carolina OfficeCoverHound•Feb 05, 2019•CoverHound, Chubb, Aflac, MS & AD
•
CoverHound Raises $58 Million in Series D FundingCoverHound•Feb 05, 2019•CoverHound, Chubb, Aflac, MS & AD and 1 other
•
U.S. CoverHound collects $55 mln in Series D round led by HiscoxInvestsize•Jan 29, 2019•CoverHound, Chubb, Aflac, MS & AD and 1 other
•
MS&AD enhances digital capabilities with new partnershipsReinsurance News•Jan 15, 2019•MS & AD, Element, CoverHound
•
CoverHound and Clearsurance Partner to Enhance Transparency for Insurance ConsumersPR Newswire•Sep 25, 2018•CoverHound, Clearsurance
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