When was Covr founded?

Covr was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Where is Covr located?

Covr is headquartered in Boise, United States.

How many employees does Covr have?

As of Aug 31, 2026, the latest employee count at Covr is 68.

Is Covr a funded company?

Covr is a funded company, having raised a total of $30M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 13, 2017.

When was the latest funding round of Covr?

Covr's latest funding was a $***** Series B round on Apr 08, 2022, with participation from 10 investors. Its primary sector is Insurance IT. In United States, the Insurance IT sector has seen $1.02B in funding in 2026 to date.

Where does Covr rank among its competitors?

Covr ranks 1st amongst 95 active competitors, of which 10 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Optalitix, which secured $3M in Sep, 2024.

Who are the top competitors of Covr?

Covr's top competitors include Optalitix, FairDee and Digital Insure. Among them, Optalitix secured the most recent funding round in September, 2024.

Covr - 2026 Company Profile, Team, Funding & Competitors

Covr is a series B company based in Boise (United States), founded in 2013 by Todd Ruplinger. It operates as an AI & cloud-based insurance quoting solutions for the insurance industry. Covr has raised $30M in funding from investors like Contour Venture Partners, Stone Point Capital and Nyca Partners. The company has 95 active competitors, including 10 funded and 14 that have exited. Its top competitors include companies like Optalitix, FairDee and Digital Insure.

Company Details

AI & cloud-based insurance quoting solutions for the insurance industry. It offers solutions including Covr Consumer for protecting consumers of leading financial brands, quoting, comparison, sales & more; Covr Advisor, a multi-carrier digital life, long-term care, disability, and annuity sales & service platform for financial advisors & insurance specialists; Covr Exchange to provide a digital book of business management system for financial institutions, dashboard reporting for institutional insurance programs, and more.

Website: covrtech.com
Social
Email ID: *****@covrtech.com
Phone Number: +1 **********

Key Metrics

Founded Year

2013

Location

Boise, United States

Stage

Series B

Total Funding

$30M in 4 rounds

Latest Funding Round

Series B, Apr 08, 2022, $*****

Investors

Contour Venture Partners & 13 more

Ranked

1^st among 95 active competitors

Employee Count

68 as on Aug 31, 2026

Investment & Acquisitions

Inforcepro

Similar Companies

Optalitix & 105 more

View Covr's full profile

Covr is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COVR FINANCIAL TECHNOLOGIES, INC. CIN: 81-3686767 , United States, Active	May 15, 2016	-	77 (As on Dec 31, 2021)	-

Covr has raised a total funding of $30M over 4 rounds. Its first funding round was on Jun 13, 2017. Its latest funding round was a Series B round on Apr 08, 2022 for $*****. 10 investors participated in its latest round. Covr has 14 institutional investors.

Here is the list of recent funding rounds of Covr:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 08, 2022	3909138	Series B	2230703	8579836	4531686	3284456
Apr 29, 2021	4738343	Series B	5454850	8335606	4331825	9273452
Sep 26, 2018	4399540	Series A	5195900	9807485	Allianz Life Ventures	Nyca Partners & 3 more

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View details of Covr's funding rounds and investors

The founders of Covr is Todd Ruplinger.

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

Todd Ruplinger: Founder & Vice Chairman of Covr.
Contact Info: 1 email address
Bill Benjamin: CEO of Covr.

View details of Covr's Founder profiles and Board Members

Covr's employee count trend

Covr has 68 employees as of Aug 26. Here is Covr's employee count trend over the years:

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Top competitors of Covr include Optalitix, FairDee and Digital Insure. Here is the list of Top 10 competitors of Covr, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Covr 2013, Boise (United States), Series B	AI & cloud-based insurance quoting solutions for the insurance industry	$30M	Contour Venture Partners, Aflac Ventures ... & 12 others	61/100
2nd	Optalitix 2013, London (United Kingdom), Series A	Provider of AI consulting and data analytics services	$8M	24 Haymarket, Lloyd’s & 5 others	54/100
3rd	FairDee 2017, Bangkok (Thailand), Acquired	Provider of insurance quoting software	$65M	Eurazeo, Salt Ventures & 11 others	53/100
4th	Digital Insure 2017, Paris (France), Acquired	Insurance quoting software	-	NewAlpha Asset Management	48/100
5th	PerfectQuote 2017, Austin (United States), Funding Raised	Cloud-based insurance quoting software	-	InsurTech NY, Quake Capital & 1 others	46/100
6th	WeGroup 2017, Ghent (Belgium), Series A	Insurance quoting software	$5.96M	Truffle Capital, BAN Flanders & 4 others	43/100
7th	Briza 2016, Austin (United States), Series A	Policy distribution software for insurance industry	$11M	500 Global, Leaders Fund & 6 others	41/100
8th	Go-DB 2000, Chennai (India), Unfunded	Enterprise Mobility Softwares	-	-	40/100
9th	VIU by HUB 2022, Chicago (United States), Unfunded	Digital insurance platform that allows users to compare insurance quotes	-	-	40/100
10th	Assureweb 1997, Cheltenham (United Kingdom), Acquired	Quoting platform for insurance agents, brokers	-	-	39/100