Upcover

Sydney, Australia Founded: 2019 • Age: 7 yrs
Business insurance is compared online for small enterprises and freelancers.
Annual revenue - Latest available
Total funding $13.8M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors - Brand Intelligence

About Upcover

Upcover is a company based in Sydney (Australia) founded in 2019 by Skye Theodorou and Anish Sinha. Upcover has raised $13.8 million across 5 funding rounds from investors including Marshall Investments, RealVC and Antler. Upcover offers products and services including Public & Products Liability Insurance, Professional Indemnity Insurance, Cyber & Privacy Liability Insurance, and Management Liability Insurance.

  • Headquarter Sydney, Australia
  • Founders Skye Theodorou, Anish Sinha
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Upcover Pty Ltd
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13.8 M (USD)

    in 5 rounds

  • Latest Funding Round
    $11 M (USD), Series A

    Feb 10, 2025

  • Investors
  • Employee Count
    Not available
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Products & Services of Upcover

Upcover offers a comprehensive portfolio of products and services, including Public & Products Liability Insurance, Professional Indemnity Insurance, Cyber & Privacy Liability Insurance, and Management Liability Insurance.

Product name locked
Category locked
Primary

Covers third-party injuries and property damage for businesses.

Product name locked
Category locked
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Protects against claims of negligence or misconduct in services.

Product name locked
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Handles costs from cyber incidents and data breaches.

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Covers risks for business management and associations.

People of Upcover

Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Maxwell Judson
Customer Success Specialist
People
Maleeha Imtiaz
Product Specialist
People
Skye Theodorou
Co-founder & CEO
People
Anish Sinha
Co-founder & COO

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Funding Insights of Upcover

Upcover has successfully raised a total of $13.8M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in February 2025. 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 Upcover

Upcover has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Marshall Investments, RealVC and Antler.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
A private investment company focused on wealth accumulation.
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Early-stage funding is provided by RealVC for technology startups.
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Early-stage investing and founder support services are offered globally by Antler.
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Investor details for Upcover

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Upcover

Investments
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Investment portfolio details for Upcover

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Upcover

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Detailed financials for Upcover

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  • Historical revenue
  • Profit trends
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Upcover Comparisons

Upcover Primary company
Description
Business insurance is compared online for small enterprises ...
Location
Sydney, Australia
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Upcover

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  • Headcount comparison
  • Funding comparison
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Competitors of Upcover

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Detailed competitors of Upcover

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Upcover

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Complete news archive for Upcover

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Upcover

Upcover was founded in 2019.

Upcover is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Skye Theodorou is the current CEO of Upcover. They have also founded this company.

Upcover is a funded company, having raised a total of $13.8M across 5 funding rounds to date.

Upcover was founded in 2019 in Sydney, Australia, as an online platform in the insurance sector. Comparisons are provided for business insurance products, including products liability, professional indemnity, and property damage coverage. Solutions are tailored for small businesses, startups, freelancers, online businesses, and associations. Claims assistance is also offered to support users in the process.

Upcover offers Public & Products Liability Insurance, Professional Indemnity Insurance, Cyber & Privacy Liability Insurance, and Management Liability Insurance.

Upcover has 7 investors. Key investors include Marshall Investments, RealVC, Antler, Gandel Invest, and BetterLabs.

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