About Coverfy
Coverfy is a Financial Services company based in Barcelona (Spain) founded in 2016. Insurance policies are managed via a mobile app for individuals. Coverfy has raised $5.49 million across 3 funding rounds from investors including 4Founders Capital, Sabadell Venture Capital and K Fund. Coverfy offers products and services including Coverfy App and Insurance Advisory Service. Its focus areas include FinTech, Internet First Insurance Platforms, Consumer Insurance Management and Policy Management. Its legal entity is Coverfy Insurance Services, CorredurÃa de Seguros, S.L. Its competitors include Segguroo and Segurtonic.
Company details
Coverfy was founded in 2016 in Barcelona, Spain, within the insurtech sector. App-based software is offered for managing multiple insurance policies and processing claims after accidents. Advisory and consulting services are also provided to users. The application is accessible on both Android and iOS platforms, supporting individual policyholders in their insurance needs.
- Headquarters Barcelona, Spain
- SectorsFinancial Services
- Email••••••••
- Website coverfy.com
- Social LinkedIn X Facebook
- Legal Name Coverfy Insurance Services, Correduría De Seguros, S.L.
- Total Equity Funding$5.49M (USD)
in 3 rounds
- Latest Funding Round$4.11M (USD), Series A
Oct 2017
- Investors4Founders Capital
& 10 more
Products & Services of Coverfy
Coverfy offers a comprehensive portfolio of products and services, including Coverfy App and Insurance Advisory Service.
Mobile app for organizing and optimizing user insurance policies securely.
Free advice on policy improvements and coverage analysis.
Apps and channels of Coverfy
Coverfy publishes 1 mobile app.
Funding Insights of Coverfy
Coverfy has successfully raised a total of $5.49M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.11 million completed in October 2017. 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.
- Total Funding $5.49M
- Total Rounds 3
- Last Round Series A — $4.11M
- First Round $785,055
(Dec 2016)
- Investors Count 11
All 3 funding rounds of Coverfy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $4.11M | Series A | – | K Fund | |
| Jun 2017 | $599,650 | Seed | – | 4Founders Capital, K Fund | – |
| Dec 2016 | $785,055 | Seed | – | K Fund |
11 investors in total: 4 institutional and 7 angel.
Investors in Coverfy
Coverfy has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include 4Founders Capital, Sabadell Venture Capital and K Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are provided to tech startups. | 4founderscapital.com | Barcelona, Spain | ||
Venture capital is invested in technology and digital companies. | sabadellventurecapital.com | Barcelona, Spain | ||
Venture capital is invested in technology-based product and service companies. | kfund.vc | Madrid, Spain | ||
Tech companies are funded by Seaya, a venture capital firm. | seaya.vc | Madrid, Spain | ||
YA Yago Arbeloa | Spanish entrepreneur, angel investor, and President of Atletico Madrid, active in India. | unknown_0d096980a77f4ec68 | ||
OF Oscar Fuente | unknown_05d167344c324e12b | |||
PS Pablo Szefner | Angel investor and entrepreneur, co-founder of multiple Indian startups. | unknown_427f95719b284bd9a | ||
JM Jesus Monleon | Angel investor, entrepreneur, co-founder of SeedRocket, active in Indian startup ecosystem | unknown_22ac4933a4f940e7b | ||
AA Albert Armengol | Angel investor and entrepreneur, founder of Doctoralia, active in health tech | unknown_609f8ba4830b42f5a | ||
MF Marek Fodor | unknown_4f4d5aba9b7747888 |
Investor details for Coverfy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Coverfy
2 people are tracked at Coverfy (2 in leadership).
| Name | Role | Group |
|---|---|---|
Vicente Arias | Founder & CEO | Leadership |
Sandra Liñeira | Chief Legal Officer | Leadership |
Complete people profiles for Coverfy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Coverfy
3 dated milestones of Coverfy across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Coverfy is founded.
- Funding First funding round of $785K.
- Funding Latest funding round, Series A, of $4.1M.
Competitors of Coverfy
Coverfy has 2 listed competitors in our database. They include Segguroo and Segurtonic.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| segguroo.com | 2017 | Madrid, Spain | Offers a mobile app for effective insurance management. | |||
| segurtonic.com | 2015 | Huelva, Spain | Serves as a platform for efficient insurance policy management. |
Detailed competitors of Coverfy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Coverfy
Websites that share an audience with Coverfy (coverfy.com).
Websites whose visitors overlap most with Coverfy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| capital-riesgo.es | 100% | #979,369 | View details | ||
bepayper.com | bepayper.com | 35% | #3,406,192 | – |
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Frequently Asked Questions about Coverfy
Coverfy was founded in 2016.
Coverfy is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Coverfy is a funded company, having raised a total of $5.49M across 3 funding rounds to date. The company's 1st funding round was a Seed of $785.06K, raised on Dec 2016.
Coverfy was founded in 2016 in Barcelona, Spain, within the insurtech sector. App-based software is offered for managing multiple insurance policies and processing claims after accidents. Advisory and consulting services are also provided to users. The application is accessible on both Android and iOS platforms, supporting individual policyholders in their insurance needs.
Coverfy's top competitors include Segguroo and Segurtonic.
Coverfy offers Coverfy App and Insurance Advisory Service.
Coverfy has 11 investors. Key investors include 4Founders Capital, Sabadell Venture Capital, K Fund, Seaya, and Yago Arbeloa.
Coverfy operates through Coverfy Insurance Services, CorredurÃa De Seguros, S.L..
Yes. Coverfy publishes Coverfy - Tu app de seguros.