Startup Atlas · Fintech

Coverfox

Coverfox Insurance Broking Private Limited ● Mumbai, Maharashtra ● Founded 2013 ● coverfox.com ↗

Varun Dua · Co-founder Devendra Rane · Co-founder (CTO, resigned Feb 2020)

$54.89 MnTotal funding (tracked)

6Funding rounds

24 Jul 2019Last round

130Team size (sourced)

Coverfox: Funding Rounds

Disclosed round amounts over time, USD millions.

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

Coverfox: Investors

Accel Partners Aegon Digital Investments Elevation Capital International Finance Corporation (IFC) Transamerica Ventures Transamerica Catamaran Ventures InnoVen Capital

FAQs on Coverfox

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.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.coverfox.com · Last verified 15 Jul 2026. · Report a correction