About iCover
iCover is a company based in Chesterfield (United States) founded in 2018. iCover has raised $5 million across 2 funding rounds from investors including Kesan Parasuraman. The company has 1 employees as of December 31, 2022. iCover offers products and services including E-App, Algorithmic Underwriting, and iCover Direct. iCover operates in a competitive market with competitors including Bimaplan, Ametros, Premier Healthcare Exchange, Vitech and InsPro Technologies, among others.
- Headquarter Chesterfield, United States
- Employees 1 as on 31 Dec, 2022
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Seed
Aug 31, 2022
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Investors
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Employee Count
1
as on Dec 31, 2022
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Products & Services of iCover
iCover offers a comprehensive portfolio of products and services, including E-App, Algorithmic Underwriting, and iCover Direct.
Platform for fast electronic life insurance applications
AI tool for quick insurance risk evaluation and pricing
Marketplace for life-health-wellness products and services
People of iCover
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Funding Insights of iCover
iCover has successfully raised a total of $5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in August 2022. 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 iCover
iCover has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Kesan Parasuraman.
| Investor | Description | Founded Year | Domain | Location |
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KP
Kesan Parasuraman |
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Investor details for iCover
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Investments & Acquisitions by iCover
Investment portfolio details for iCover
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Financial Statements - iCover
Detailed financials for iCover
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Icover Comparisons
Peer comparison for iCover
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Competitors of iCover
iCover 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 Bimaplan, Ametros, Premier Healthcare Exchange, Vitech and InsPro Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Multiple insurance policies are enabled through a digital platform.
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Provider of medical funds management and settlement services
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Health insurance claims, networks, and payments are managed through software.
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| Locked | Locked | Locked |
Administration software for insurance, retirement, and investments is offered.
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| Locked | Locked | Locked |
Provider of an insurance policy administration software for payers
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| Locked | Locked | Locked |
Provides life and health policy administration solutions.
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Detailed competitors of iCover
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Latest news on Icover
Complete news archive for iCover
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Frequently Asked Questions about iCover
iCover was founded in 2018 and raised its 1st funding round 3 years after it was founded.
iCover is headquartered in Chesterfield, United States. It is registered at Chesterfield, Missouri, United States.
iCover is a funded company, having raised a total of $5M across 2 funding rounds to date.
As of Dec 31, 2022, the latest employee count at iCover is 1.
iCover was founded in 2018 and is based in Chesterfield, United States. An online platform is provided for life insurance policy administration, targeting insurers and brokers. Services include underwriting, policy issuance, and risk assessment. Blockchain technology is utilized to ensure data security within the insurance technology sector. Operations focus on streamlining administrative processes for life insurance providers.
iCover offers E-App, Algorithmic Underwriting, and iCover Direct.
iCover has 1 investor. Key investors include Kesan Parasuraman.