Covered

Denver, United States Founded: 2016 • Age: 10 yrs
Insurance comparison platform for home
Annual revenue - Latest available
Total funding $7.8M 6 rounds
Employees 100 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Covered

Covered is a company based in Denver (United States) founded in 2016. Covered has raised $7.77 million across 6 funding rounds from investors including Radian, Ozmen Ventures and Black Hills Regional Angel Fund. The company has 100 employees as of December 31, 2022. Covered offers products and services including Insurance Quotes Platform and Concierge Services. Covered operates in a competitive market with competitors including Next Insurance, Marble, Gabi, Insureon and Cover, among others.

  • Headquarter Denver, United States
  • Employees 100 as on 31 Dec, 2022
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Covered Insurance Solutions Ll
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.77 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.49 M (USD), Series A

    Aug 12, 2020

  • Investors
    Radian

    & 2 more

  • Employee Count
    100

    as on Dec 31, 2022

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Products & Services of Covered

Covered offers a comprehensive portfolio of products and services, including Insurance Quotes Platform and Concierge Services.

Product name locked
Category locked
Primary

Online platform for obtaining competitive insurance quotes.

Product name locked
Category locked
Locked

Assistance for claims processing and policy guidance.

People of Covered

Headcount 10-50
Employee Profiles 16
Employee Profiles
People
Tina Klahn
Customer Service Team Lead
People
Ross Diedrich
CEO & Founder
People
Chris Diedrich
Chief Administrative Officer
People
Ellen Stanley
CHRO

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Funding Insights of Covered

Covered has successfully raised a total of $7.77M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $2.49 million completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Covered

Covered has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Radian, Ozmen Ventures and Black Hills Regional Angel Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
A venture capital fund is operated for early-stage startups.
Locked Locked Locked
Mortgage insurance is provided by Radian to support home lending.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for Covered

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Covered

Investments
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Investment portfolio details for Covered

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Covered

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Detailed financials for Covered

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Covered Comparisons

Covered Primary company
Description
Insurance comparison platform for home
Location
Denver, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
100
As of 2022
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Peer comparison for Covered

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

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Competitors of Covered

Covered 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 Next Insurance, Marble, Gabi, Insureon and Cover, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online small business insurance policies are provided.
Locked Locked Locked
Insurance quotes are compared via a reward-based platform for individuals.
Locked Locked Locked
Online comparison of property and casualty insurance quotes is facilitated.
Locked Locked Locked
Online quotes for business property and casualty insurance are compared.
Locked Locked Locked
Insurance quotes for P&C coverage are compared via mobile app.
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Detailed competitors of Covered

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Covered

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Complete news archive for Covered

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Covered

Covered was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Covered is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Covered is a funded company, having raised a total of $7.77M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Covered is 100.

Covered was founded in 2016 and is based in Denver, United States. An online platform is operated by the company within the insurance technology sector, enabling users to search for, evaluate, and acquire home insurance options. The service remains pre-launch as of April 2017, with focus placed on facilitating comparisons across providers. Geographic operations are centered in the U.S. market.

Covered's top competitors include Next Insurance, Marble and Gabi.

Covered offers Insurance Quotes Platform and Concierge Services.

Covered has 3 investors. Key investors include Radian, Ozmen Ventures, and Black Hills Regional Angel Fund.

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