About Coverys
Coverys is a company based in Boston (United States) founded in 1975 was acquired by Coverys in October 2014.. Coverys has completed 9 acquisitions, including Brady Insurance, Coverys and FinCor Holdings.
- Headquarter Boston, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Coverys Managing Agency Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Brady Insurance
& 8 more
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Acquired by
Coverys
(Oct 03, 2014)
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Software Development Team
17 people
Leadership Team
16 people
Data Analysis and Operations Team
12 people
Product Management Team
10 people
Senior Team
9 people
Sales and Marketing
8 people
Finance and Accounting
7 people
Human Resources and Administration
7 people
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Funding Insights of Coverys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Coverys
Coverys has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Coverys. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Healthcare insurance claim services are provided to medical professionals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Coverys
Coverys has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Brady Insurance, Coverys and FinCor Holdings. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Insurance underwriting services are provided by GAVA in Italy.
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2018 | ||||
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Insurance consulting and risk financing services are provided globally.
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2010 | ||||
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Business development services are provided for investment industries.
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Coverys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Coverys Comparisons
Competitors of Coverys
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Coverys
Frequently Asked Questions about Coverys
When was Coverys founded?
Coverys was founded in 1975.
Where is Coverys located?
Coverys is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
What does Coverys do?
Coverys was founded in 1975 and is headquartered in Boston, United States. Operations focus on the healthcare sector, where insurance claim services are delivered to mitigate risks for physicians and healthcare organizations. Risk management solutions, including malpractice insurance and claims processing, are offered across the U.S. The company supports legal defense and compliance needs in medical practices through its specialized expertise.
How many acquisitions has Coverys made?
Coverys has made 9 acquisitions, including Brady Insurance, Coverys, and FinCor Holdings.
Who are Coverys's investors?
Coverys has 1 investor. Key investors include Coverys.
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