Coverdash, a NYC-based fully-digital enterprise insurance coverage startup offering simplified insurance coverage options to companies of all styles and sizes, closed a seed funding spherical of undisclosed quantity.
The spherical was led by Bling Capital, with participation from different notable traders, together with AXIS Digital Ventures, Tokio Marine Future Fund (in affiliation with World Innovation Lab), Enlargement VC, and Cameron Ventures. A number of strategic angel traders additionally contributed to the spherical, together with Greg Hendrick, CEO of Vantage Danger; Garret Koehn, president of CRC Insurance coverage; and Steve Shenfeld, president of MidOcean Companions.
The corporate intends to make use of the funds for ongoing enlargement and improvement by way of elevated product innovation, go-to-market initiatives, and strategic hiring.
Led by Ralph Betesh, CEO, Coverdash simplifies the method of shopping for and managing enterprise insurance coverage for e-commerce retailers, gig employees, and all different forms of businessowners. The corporate presents a broad vary of business insurance coverage merchandise, together with legal responsibility, property, employees’ compensation, and cyber. Coverdash’s digital insurance coverage expertise allows businessowners to cite, bind, pay for, and actively handle insurance coverage insurance policies in seconds.
Its embedded expertise allows companions to simply provide insurance coverage to present prospects with a single line of code. Coverdash’s community of embedded companions contains main on-line marketplaces, service suppliers, PEOs, lenders, brokers, and varied different platforms who serve or transact with companies nationwide.
It’s dwell in all 50 states.
FinSMEs
23/01/2023
