About Get Covered
Get Covered is a company based in New York (United States) founded in 2017.. Get Covered has raised $7 million across 1 funding round from investors including Updater, RET Ventures and Pelican VC. Get Covered offers products and services including Residential Insurance, Commercial Insurance, Pet Insurance, and Rent Reporting. Get Covered operates in a competitive market with competitors including RiskGenius, Unirisx, The four-leaf clover, Insurance Systems and Maximum Processing, among others.
- Headquarter New York, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Series A
Nov 09, 2021
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Investors
Updater
& 3 more
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Employee Count
Employee Count
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Products & Services of Get Covered
Get Covered offers a comprehensive portfolio of products and services, including Residential Insurance, Commercial Insurance, Pet Insurance, and Rent Reporting. 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.
Provides coverage for renters and residential needs.
Offers policies for commercial real estate and vendors.
Delivers health coverage for pets through partnerships.
Monitors and reports rent payments to improve credit scores.
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Funding Insights of Get Covered
Get Covered has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in November 2021. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $7.0M
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First Round
First Round
(09 Nov 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Series A - Get Covered | Valuation | RET Ventures |
| 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 Get Covered
Get Covered has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Updater, RET Ventures and Pelican VC. 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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Venture capital fund focused on the real estate startups
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Founded Year | Domain | Location | |
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Venture capital firm focused on start-up and early stage investments in the P&C insurance industry
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Founded Year | Domain | Location | |
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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 Get Covered
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Get Covered
| 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 |
Get Covered Comparisons
Competitors of Get Covered
Get 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 RiskGenius, Unirisx, The four-leaf clover, Insurance Systems and Maximum Processing, 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 |
Insurance policies are reviewed using machine learning technology.
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| domain | founded_year | HQ Location |
Provides SaaS-based administration solutions for property and casualty insurance providers.
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| domain | founded_year | HQ Location |
Car insurance service platform
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| domain | founded_year | HQ Location |
Web-based software solutions are provided to P&C insurance carriers.
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| domain | founded_year | HQ Location |
Policy administration and claims processing software for insurers is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Get Covered
Frequently Asked Questions about Get Covered
When was Get Covered founded?
Get Covered was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Get Covered located?
Get Covered is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Get Covered a funded company?
Get Covered is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Series A of $7M, raised on Nov 09, 2021.
What does Get Covered do?
Get Covered was founded in 2017 in New York, United States, focusing on the property insurance sector. Policy administration solutions are provided, along with certificate of insurance tracking, compliance management, risk management, and insurance product management. Rent protection services are also extended to tenants and landlords. Operations center on streamlining insurance processes through these tools.
Who are the top competitors of Get Covered?
Get Covered's top competitors include RiskGenius, Insurance Systems and Maximum Processing.
What products or services does Get Covered offer?
Get Covered offers Residential Insurance, Commercial Insurance, Pet Insurance, and Rent Reporting.
Who are Get Covered's investors?
Get Covered has 4 investors. Key investors include Updater, RET Ventures, Pelican VC, and Crocker Mountain Capital.
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