About Goodcover
Goodcover is a company based in San Francisco (United States) founded in 2017 by Christopher Lotz and Dan Di Spaltro.. Goodcover has raised $9.02 million across 4 funding rounds from investors including Transatlantic Holdings, Goodwater Capital and Fuel Capital. Goodcover offers products and services including Renters Insurance Plans. Goodcover operates in a competitive market with competitors including Vouch, Branch, Pier, Bamboo Insurance and Indiana Farmers, among others.
- Headquarter San Francisco, United States
- Founders Christopher Lotz, Dan Di Spaltro
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Goodcover Insurance Solutions, Llc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$9.02 M (USD)
in 4 rounds
-
Latest Funding Round
$200 K (USD), Series A
Dec 28, 2023
-
Investors
Transatlantic Holdings
& 6 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Goodcover
Goodcover offers a comprehensive portfolio of products and services, including Renters Insurance Plans. 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.
Offers customizable policies for liability and property protection for renters.
Unlock access to complete
Unlock access to complete
Funding Insights of Goodcover
Goodcover has successfully raised a total of $9.02M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $200 thousand completed in December 2023. 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 4
- Last Round Series A — $200,000
-
First Round
First Round
(01 Jun 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series A - Goodcover | Valuation |
investors |
|
| Jun, 2023 | Amount | Series A - Goodcover | Valuation |
investors |
|
| Oct, 2020 | Amount | Series A - Goodcover | Valuation | Goodwater Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Goodcover
Goodcover has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Transatlantic Holdings, Goodwater Capital and Fuel Capital. 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 |
|---|---|---|---|---|
|
Investments in consumer tech sectors are managed by Goodwater Capital.
|
Founded Year | Domain | Location | |
|
Early-stage US tech investments are made by Fuel Capital.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on early-stage startups
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Goodcover
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Goodcover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Goodcover Comparisons
Competitors of Goodcover
Goodcover 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 Vouch, Branch, Pier, Bamboo Insurance and Indiana Farmers, 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 solutions for early-stage and high-growth companies are provided by Vouch.
|
|
| domain | founded_year | HQ Location |
Auto and home insurance solutions are provided by Branch.
|
|
| domain | founded_year | HQ Location |
P&C insurance for individuals is provided via mobile app.
|
|
| domain | founded_year | HQ Location |
Online comparison platform for property & casualty insurance
|
|
| domain | founded_year | HQ Location |
Offers customized insurance for auto, home, farm, and business needs in Indiana.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Goodcover
Frequently Asked Questions about Goodcover
When was Goodcover founded?
Goodcover was founded in 2017.
Where is Goodcover located?
Goodcover is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Goodcover?
Christopher Lotz is the current CEO of Goodcover. They have also founded this company.
Is Goodcover a funded company?
Goodcover is a funded company, having raised a total of $9.02M across 4 funding rounds to date. The company's 1st funding round was a Series A of $7.5M, raised on Jun 01, 2017.
What does Goodcover do?
Goodcover was founded in 2017 in San Francisco, United States, as a provider of renters insurance within the insurance sector. Policies are delivered digitally with straightforward terms and human support available. Coverage is extended to all roommates on a lease without additional cost, and adjustments can be made online. Unneeded premiums are returned to members as annual dividends, with backing from established reinsurers.
Who are the top competitors of Goodcover?
What products or services does Goodcover offer?
Goodcover offers Renters Insurance Plans.
Who are Goodcover's investors?
Goodcover has 7 investors. Key investors include Transatlantic Holdings, Goodwater Capital, Fuel Capital, Global Founders Capital, and Liquid 2 Ventures.