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Kover.ai - About the company

Kover.ai is a series A company based in San Francisco (United States), founded in 2019 by Bill Liu and Zack Peng. It operates as an Internet first insurer. Kover.ai has raised $6.5M in funding from MetLife and West Loop Ventures. The company has 22 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like seel, Returnmates and Corso.

Company Details

Kover.ai provides an online insurance platform for mobile phone and gig economy. It offers iPhone insurance policies with coverage for repair and restoration. It offers income protection insurances for Uber & Lyft drivers. It features AI-based claim processing solutions for drivers. The policies are available on a weekly and monthly subscription basis.
Website
kover.ai
Social
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Email ID
*****@kover.ai
Phone Number
+1 **********
Key Metrics
Founded Year
2019
Location
San Francisco, United States
Stage
Series A
Total Funding
$6.5M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
138 as on Mar 31, 2026
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Kover.ai's funding and investors

Kover.ai has raised a total funding of $6.5M over 3 rounds. Its first funding round was on 2019. Kover.ai has 4 institutional investors.

Here is the list of recent funding rounds of Kover.ai:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 03, 2020
1057589
Series A
1556507
3241692
4118383
9033150
Nov 15, 2019
3615995
Seed
6728163
5666204
6432969
2019
7135
Seed
8638
7866
7236
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Kover.ai's founders and board of directors

Founder? Claim Profile
The founders of Kover.ai are Bill Liu and Zack Peng.
Here are the details of Kover.ai's key team members:

Kover.ai's employee count trend

Kover.ai has 138 employees as of Mar 26. Here is Kover.ai's employee count trend over the years:
Employee count trend for Kover.ai
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Kover.ai's Competitors and alternates

Top competitors of Kover.ai include seel, Returnmates and Corso. Here is the list of Top 10 competitors of Kover.ai, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for seel
seel
2004, San Francisco (United States), Series A
Provider of solution to increase conversation rate for Shopify merchants
$24M
54/100
2nd
Logo for Kover.ai
Kover.ai
2019, San Francisco (United States), Series A
Internet first insurer
$6.5M
41/100
3rd
Logo for Returnmates
Returnmates
2020, Los Angeles (United States), Series A
Offers web-based returns & reselling management solutions
$5.98M
40/100
4th
Logo for Corso
Corso
2021, San Clemente (United States), Seed
Platform offering green shipping solution for eCommerce businesses
$1M
-
33/100
5th
Logo for Obviyo
Obviyo
Delray Beach (United States), Series B
AI-powered e-commerce intelligence platform
$6.61M
33/100
6th
Logo for Return Rabbit
Return Rabbit
2020, Ann Arbor (United States), Acquired
Provider of SaaS-based return management software for Shopify e-commerce stores
-
32/100
7th
Logo for Return Magic
Return Magic
2016, Montreal (Canada), Acqui-Hired
Return management software for Shopify eCommerce stores
-
32/100
8th
Logo for Return Prime
Return Prime
2018, Bengaluru (India), Unfunded
Platform offering intelligent returns management
-
-
26/100
9th
Logo for Retino
Retino
2017, Prague (Czech Republic), Funding Raised
Provider of return management solution for online merchants
-
26/100
10th
Logo for RICH Commerce
RICH Commerce
2018, Munich (Germany), Unfunded
Provider of order & return management tools for Shopify & e-commerce merchants
-
-
24/100
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Kover.ai's Investments and acquisitions

Kover.ai has made no investments or acquisitions yet.

Reports related to Kover.ai

Here is the latest report on Kover.ai's sector:

News related to Kover.ai

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