CoverEase

Livermore, United States Founded: 2020 • Age: 6 yrs
Online platform for quoting, comparing, and buying business insurance quickly.

About CoverEase

CoverEase is a company based in Livermore (United States) founded in 2020. It operates as a D2C, and B2B. CoverEase offers products and services including Insurance Quoting Platform, Employee Benefits Service, Cyber Insurance Service, and Workers' Compensation Program. CoverEase operates in a competitive market with competitors including Insurify, NerdWallet, The Zebra, EverQuote and Amplify Life Insurance, among others.

  • Headquarter Livermore, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Coverease Insurance Services, Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of CoverEase

CoverEase offers a comprehensive portfolio of products and services, including Insurance Quoting Platform, Employee Benefits Service, Cyber Insurance Service, and Workers' Compensation Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Online tool for instant business insurance quotes and purchases

Platform for acquiring employee benefits and term life insurance

Service for quoting and buying cyber insurance protection

Program offering pay-go workers' compensation coverage

People of CoverEase
Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Shawn Edgington
CEO & Founder Of Coverease
People
Robert Campbell
Vice President - Partner Strategy

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Teams

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Funding Insights of CoverEase

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by CoverEase

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CoverEase

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Coverease Comparisons

Employees
+
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Competitors of CoverEase

CoverEase operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Insurify, NerdWallet, The Zebra, EverQuote and Amplify Life Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Car insurance quotes are compared via an online platform.
domain founded_year HQ Location
App-based comparison platform for financial products
domain founded_year HQ Location
An online platform for comparing insurance quotes is operated.
domain founded_year HQ Location
Online comparison platform for automotive & other insurances
domain founded_year HQ Location
Online insurance comparison platform
domain founded_year HQ Location
Online comparisons of life insurance quotes are facilitated for individuals.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Coverease

CoverEase Honored by WBENC Certification
Insurancenewsnet3 years ago
CoverEase Partners With Beam Benefits
Ffnews3 years ago
CoverEase debuts new small biz brokerage platform
Insurancebusinessmag4 years ago

Frequently Asked Questions about CoverEase

When was CoverEase founded?

CoverEase was founded in 2020.

Where is CoverEase located?

CoverEase is headquartered in Livermore, United States. It is registered at Livermore, California, United States.

What does CoverEase do?

CoverEase is an AI-powered insurance marketplace that enables businesses to shop, compare, and purchase policies from top companies in minutes. It offers services for workers compensation, cyber insurance, employee benefits, and term life insurance. Based in the US with offices in CA and NY, it serves various industries by simplifying the process, saving time, and reducing costs through competitive pricing and pay-later options.

Who are the top competitors of CoverEase?

CoverEase's top competitors include NerdWallet, Insurify and SelectQuote.

What products or services does CoverEase offer?

CoverEase offers Insurance Quoting Platform, Employee Benefits Service, Cyber Insurance Service, and Workers' Compensation Program.

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