About Tempcover
Tempcover is a company based in Fleet (United Kingdom) founded in 2006 was acquired by RVU in March 2022.. Tempcover offers products and services including Temporary Car Insurance, Temporary Van Insurance, Temporary Courier Insurance, Impounded Vehicle Insurance, and Temporary Bike Insurance. Tempcover operates in a competitive market with competitors including Cuvva, Zego, By Miles, Octo Telematics and Caura, among others.
- Headquarter Fleet, United Kingdom
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Phone
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Website
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Social
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- Legal Name Tempcover Ltd
- Date of Incorporation 21 Dec, 2015
- Jurisdiction FLEET, HAMPSHIRE, ENGLAND
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Products & Services of Tempcover
Tempcover offers a comprehensive portfolio of products and services, including Temporary Car Insurance, Temporary Van Insurance, Temporary Courier Insurance, Impounded Vehicle Insurance, and Temporary Bike Insurance. 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 short-term cover for cars from 1 hour to 28 days.
Offers flexible insurance for vans and commercial use temporarily.
Delivers coverage for delivery jobs and multi-stop routes short-term.
Quick insurance for impounded vehicles to enable release.
Short-term cover for motorbikes up to 7 days for occasional riders.
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Funding Insights of Tempcover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Tempcover
Tempcover has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include RVU and Connection 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 |
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Provides access to private equity, debt, and funds for high-net-worth individuals.
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Provides comparison platforms for UK consumers on energy, insurance, and broadband deals.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tempcover
| 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 - Tempcover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tempcover Comparisons
Competitors of Tempcover
Tempcover 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 Cuvva, Zego, By Miles, Octo Telematics and Caura, 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 |
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| domain | founded_year | HQ Location |
Online usage-based car insurance solutions
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| domain | founded_year | HQ Location |
Motor insurance is provided for personal and work driving.
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| domain | founded_year | HQ Location |
Pay-per-mile auto insurance is offered through a mobile app.
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| domain | founded_year | HQ Location |
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
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| domain | founded_year | HQ Location |
Auto insurance and vehicle services are provided via mobile app.
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| domain | founded_year | HQ Location |
Provider of telematics data for insurance
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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 Tempcover
Frequently Asked Questions about Tempcover
When was Tempcover founded?
Tempcover was founded in 2006.
Where is Tempcover located?
Tempcover is headquartered in Fleet, United Kingdom. It is registered at Fleet, Hampshire, United Kingdom.
What does Tempcover do?
Tempcover was founded in 2006 and is headquartered in Fleet, United Kingdom. An online distribution platform is operated for short-term auto insurance, enabling on-demand coverage. Services are provided for cars, vans, learner drivers, expatriate motor needs, impounded vehicles, and temporary travel insurance. The focus remains on the insurance sector, facilitating accessible temporary policies through digital channels.
Who are the top competitors of Tempcover?
Tempcover's top competitors include Cuvva, Octo Telematics and Zego.
What products or services does Tempcover offer?
Tempcover offers Temporary Car Insurance, Temporary Van Insurance, Temporary Courier Insurance, Impounded Vehicle Insurance, and Temporary Bike Insurance.
Who are Tempcover's investors?
Tempcover has 2 investors. Key investors include RVU, and Connection Capital.
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