Coverfox
Coverfox is an IRDAI-authorised online insurance broking platform that helps customers compare, purchase, and manage car, bike, health, term life, travel and business insurance policies, partnering with over 40 insurers for pre-negotiated pricing and providing claims support.
Coverfox: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 24 Jul 2019 | Series C | ₹40 Cr ($5.89 Mn) | Accel Partners Aegon Digital Investments Elevation Capital International Finance Corporation (IFC) Transamerica Ventures | source |
| 18 Apr 2018 | Series C | $22 Mn | International Finance Corporation (IFC) Transamerica Accel Partners Catamaran Ventures Elevation Capital | source |
| 12 Jun 2017 | Series C | $15 Mn | Transamerica | source |
| 31 May 2016 | Debt | Undisclosed | InnoVen Capital | source |
| 15 Sep 2015 | Series B | Undisclosed | Catamaran Ventures | source |
| 24 Apr 2015 | Series B | $12 Mn | Accel Partners Elevation Capital | source |
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Who founded Coverfox?
Coverfox was founded by Varun Dua, Devendra Rane in 2013.
How much funding has Coverfox raised?
Coverfox has raised $54.89 Mn across 6 tracked funding round(s), most recently on 2019-07-24. Figures are compiled from cited public sources.
Who are the investors in Coverfox?
Investors in Coverfox include Accel Partners, Aegon Digital Investments, Elevation Capital, International Finance Corporation (IFC), Transamerica Ventures, Transamerica, Catamaran Ventures.
What does Coverfox do?
Coverfox is an IRDAI-authorised online insurance broking platform that helps customers compare, purchase, and manage car, bike, health, term life, travel and business insurance policies, partnering with over 40 insurers for pre-negotiated pricing and providing claims support.
Where is Coverfox headquartered?
Coverfox is headquartered in Mumbai, Maharashtra, India.
What is Coverfox's business model?
Coverfox's core value proposition centers on Simplify insurance buying, Pre-negotiated insurer discounts, End-to-end claims settlement support.
How does Coverfox make money?
Coverfox's cited revenue streams include Brokerage/commission income, Rewards commission.