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
- 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
Ranked
2nd among 22 active competitors
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 |
View details of Kover.ai's funding rounds and investors
Kover.ai's founders and board of directors
Founder? Claim ProfileHere are the details of Kover.ai's key team members:
- Bill Liu: Co-Founder & COO of Kover.ai and founder of 1 other company. Contact Info: 1 email address
- Zack Peng: Co-Founder & CEO of Kover.ai.
View details of Kover.ai's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | seel 2004, San Francisco (United States), Series A | Provider of solution to increase conversation rate for Shopify merchants | $24M | 54/100 | |
2nd | Kover.ai 2019, San Francisco (United States), Series A | Internet first insurer | $6.5M | 41/100 | |
3rd | Returnmates 2020, Los Angeles (United States), Series A | Offers web-based returns & reselling management solutions | $5.98M | 40/100 | |
4th | Corso 2021, San Clemente (United States), Seed | Platform offering green shipping solution for eCommerce businesses | $1M | - | 33/100 |
5th | Obviyo Delray Beach (United States), Series B | AI-powered e-commerce intelligence platform | $6.61M | 33/100 | |
6th | Return Rabbit 2020, Ann Arbor (United States), Acquired | Provider of SaaS-based return management software for Shopify e-commerce stores | - | 32/100 | |
7th | Return Magic 2016, Montreal (Canada), Acqui-Hired | Return management software for Shopify eCommerce stores | - | 32/100 | |
8th | Return Prime 2018, Bengaluru (India), Unfunded | Platform offering intelligent returns management | - | - | 26/100 |
9th | Retino 2017, Prague (Czech Republic), Funding Raised | Provider of return management solution for online merchants | - | 26/100 | |
10th | RICH Commerce 2018, Munich (Germany), Unfunded | Provider of order & return management tools for Shopify & e-commerce merchants | - | - | 24/100 |
Looking for more details on Kover.ai's competitors? Click here to see the top ones
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
•
San Francisco-Based Kover.ai Raised $1.5M in Seed RoundICrowdNewswire•Jan 07, 2020•Kover.ai, West Loop Ventures, Afore Capital, Techstars
•
San Francisco-Based Kover.ai Raised $1.5M in Seed RoundNewswire•Nov 04, 2019•Kover.ai, West Loop Ventures, Afore Capital, Techstars
•
Kover.ai, a Smart Contract-Based Insurtech Startup, Joins MetLife Digital Accelerator Powered by TechStarsICrowdNewswire•Sep 30, 2019•Kover.ai, Techstars, MetLife
•
Kover.ai, a Smart Contract-Based Insurtech Startup, Joins MetLife Digital Accelerator Powered by TechStarsNewswire•Aug 08, 2019•Kover.ai, Techstars
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