When was COVU founded?

COVU was founded in 2004 and raised its 1st funding round 15 years after it was founded.

Where is COVU located?

COVU is headquartered in Redwood City, United States.

How many employees does COVU have?

As of Jul 31, 2026, the latest employee count at COVU is 71.

Is COVU a funded company?

COVU is a funded company, having raised a total of $50M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2019.

When was the latest funding round of COVU?

COVU's latest funding was a $***** Series B round on Aug 28, 2025, with participation from 0 investor.

Where does COVU rank among its competitors?

COVU ranks 6th amongst 452 active competitors, of which 65 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Sixfold, which secured $30M in Jan, 2026.

Who are the top competitors of COVU?

COVU's top competitors include Wefox, Agentero and 180 Seguros. Among them, Sixfold secured the most recent funding round in January, 2026.

COVU - 2026 Company Profile, Funding & Competitors

Company Details

Provider of insurance agency management solutions. It offers a real-time customer self-service app for insurance policies. It uses a combination of AI and sales for renewals and buying new insurance covers. Allows intermediaries to remotely monitor their agencies and manage operations efficiently.

Website: www.covu.com/
Email ID: *****@covu.com
Phone Number: +1 **********

Key Metrics

Founded Year

2004

Location

Redwood City, United States

Stage

Series B

Total Funding

$50M in 7 rounds

Latest Funding Round

Series B, Aug 28, 2025, $*****

Investors

Benhamou Global Ventures & 10 more

Ranked

6^th among 452 active competitors

Employee Count

71 as on Jul 31, 2026

Investment & Acquisitions

Ford & 2 more

Similar Companies

Wefox & 515 more

View COVU's full profile

COVU is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
COVU, INC. CIN: 84-3208889 , United States, Active	Sep 18, 2019	-	-	-

COVU has raised a total funding of $50M over 7 rounds. Its first funding round was on 2019. COVU has 11 institutional investors.

Here is the list of recent funding rounds of COVU:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 28, 2025	7297496	Series B	1614995	3400461	9740129	4920570
Mar 03, 2025	1073316	Series A	7660985	3582154	2558613	TGV
Feb 19, 2025	6447945	Series A	9442701	9611494	Benhamou Global Ventures	TGV

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COVU's employee count trend

COVU has 71 employees as of Jul 26. Here is COVU's employee count trend over the years:

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Top competitors of COVU include Wefox, Agentero and 180 Seguros. Here is the list of Top 10 competitors of COVU, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wefox 2015, Roggwil (Switzerland), Acquired	App-based P&C insurance comparison platform for individuals	$1.61B	Mubadala, Target Global & 62 others	69/100
2nd	Agentero 2017, Berkeley (United States), Series A	App-based agency management solutions for insurance agents	$23.5M	Foundation Capital, Mundi Ventures & 7 others	67/100
3rd	180 Seguros 2020, Brazil, Series A	Platform offering personalized home insurance solutions	$52M	8VC, FJ Labs & 9 others	62/100
4th	Coverstack 2010, Mumbai (India), Series A	Insurtech platform providing no-code, plug-and-play insurance infrastructure solutions	$55.8M	Accel, SAIF Partners & 12 others	62/100
5th	Sixfold 2023, New York City (United States), Series B	AI-based platform offering software for insurance intermediaries and agency management	$51.5M	Brewer Lane Ventures, Salesforce Ventures ... & 4 others	61/100
6th	COVU 2004, Redwood City (United States), Series B	Provider of insurance agency management solutions	$50M	ManchesterStory Group, Benhamou Global Ventures ... & 9 others	59/100
7th	FIDX 2017, Berwyn (United States), Series B	Provider of technology solutions connecting brokerage, insurance, and advisory ecosystems	$15.9M	Prudential, Axonic Insurance Services & 2 others	59/100
8th	Zywave 1995, Milwaukee (United States), Acquired	Provider of cloud-based agency management solutions for the insurance industry	-	Vista Equity Partners, Manulife Investment Management ... & 2 others	55/100
9th	Insuritas 1998, South Windsor (United States), Acquired	Insurance agency management solutions for insurance brokers	$10M	Tennant Capital, Evolve Capital Partners & 1 others	55/100
10th	Keystone Agency Partners 2020, Harrisburg (United States), Acquired	Insurance agency management solutions for the insurance industry	-	Flexpoint Ford, Madison Capital Funding & 2 others	55/100

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COVU has acquired 3 companies including Ford, Lords Insurance and C 3Ins. COVU has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 20, 2025	Acquisition	Ford	1910	Eliot (United States)
Jun 05, 2025	Acquisition	Lords Insurance	1999	Westminster (United States)
May 05, 2025	Acquisition	C 3Ins		Clayton (United States)