Cuvva

London, United Kingdom Founded: 2014 • Age: 12 yrs
Online usage-based car insurance solutions
Annual revenue $35.0M Latest available
Total funding $27.2M 6 rounds
Employees 198 Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Cuvva

Cuvva is a company based in London (United Kingdom) founded in 2014 by Freddy Macnamara. Cuvva has raised $27.19 million across 6 funding rounds from investors including Seedcamp, Techstars and RTP Global. The company has 198 employees as of December 31, 2024. Cuvva operates in a competitive market with competitors including Zego, Marshmallow, By Miles, Octo Telematics and The Floow, among others.

  • Headquarter London, United Kingdom
  • Employees 198 as on 31 Dec, 2024
  • Founders Freddy Macnamara
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Cuvva Limited
  • Date of Incorporation 24 Feb, 2014
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $34.98 M (USD)
    47
    as on Dec 31, 2024
  • Net Profit
    $14.68 M (USD)
    347
    as on Dec 31, 2024
  • EBITDA
    $10.97 M (USD)
    234
    as on Dec 31, 2024
  • Total Equity Funding
    $27.19 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
    Seedcamp

    & 6 more

  • Employee Count
    198

    as on Dec 31, 2024

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People of Cuvva

Headcount 50-200
Employee Profiles 61
Employee Profiles
People
Freddy MacNamara
Founder, CEO
People
Svetlana Novikova
Chief Commercial Officer
People
James Britton
Head Of Engineering
People
Ilya Ageev
Chief Technology Officer

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Funding Insights of Cuvva

Cuvva has successfully raised a total of $27.19M across 6 strategic funding rounds. 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 Cuvva

Cuvva has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Seedcamp, Techstars and RTP Global.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm focused on pre-seed to early-stage investments
Locked Locked Locked
Venture capital firm focused on seed-stage investments
Locked Locked Locked
Startups are accelerated globally without sector restrictions through structured programs.
Locked Locked Locked
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Investor details for Cuvva

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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Cuvva

Investments
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Investment portfolio details for Cuvva

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Financial Statements - Cuvva

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Detailed financials for Cuvva

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Cuvva Comparisons

Cuvva Primary company
Description
Online usage-based car insurance solutions
Location
London, United Kingdom
Founded Year
2014
Annual Revenue
$34.98 M (USD)
Net Profit
$14.68 M (USD)
EBITDA
$10.97 M (USD)
Employees
198
As of 2024
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Peer comparison for Cuvva

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

  • Named peers
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Competitors of Cuvva

Cuvva 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 Zego, Marshmallow, By Miles, Octo Telematics and The Floow, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Motor insurance is provided for personal and work driving.
Locked Locked Locked
Auto insurance is delivered via app to individual drivers.
Locked Locked Locked
Pay-per-mile auto insurance is offered through a mobile app.
Locked Locked Locked
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
Locked Locked Locked
Provider of telematics data for insurance
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Detailed competitors of Cuvva

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  • Domains and locations
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Latest news on Cuvva

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Complete news archive for Cuvva

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  • Older coverage
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Frequently Asked Questions about Cuvva

Cuvva was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Cuvva is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Freddy Macnamara is the current CEO of Cuvva. They have also founded this company.

Cuvva is a funded company, having raised a total of $27.19M across 6 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Cuvva is 198.

Annual revenue of Cuvva is $34.98M as on Dec 31, 2024.

Cuvva was founded in 2014 in London, United Kingdom, within the insurance sector. Usage-based car insurance solutions are offered online through a mobile application. Temporary policies, ranging from hourly to weekly durations, are available for cars, vans, motorhomes, learner drivers, and international users. Coverage is facilitated for scenarios such as vehicle borrowing, test drives, practice sessions, and brief ownership periods. Operations focus on flexible, on-demand insurance access.

Cuvva's top competitors include Marshmallow, Octo Telematics and Zego.

Cuvva has 7 investors. Key investors include Seedcamp, Techstars, RTP Global, Breega, and LocalGlobe.

The valuation of Cuvva is $121.36M as of Jun 2022.

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