Coverd

Coverd

Private
La Celle-Saint-Cloud, Île-de-FranceFinTechhttps://www.coverd.co

Last Round

Seed

Aug 14, 2025

Total Funding Raised

$9.13M

Company Overview

Coverd is a French insurtech company that provides digital-only insurance services for electronic devices such as smartphones, computers, tablets, and watches. The company offers subscription-based coverage for new, used, reconditioned, and even broken devices against damages like broken screens and oxidation. In the event of a claim, Coverd provides repair or replacement services and offers a loaner phone during the repair period. Founded in 2018, the company is venture-backed, having raised funds from investors including Newfund and Super Capital.

Sector

FinTech

Verticals

InsurTech, Subscription Commerce, D2C Brands, Consumer Electronics

Business Model

B2C

Customer Profile

Subscription SaaS

AI Layer

Non-AI

Keywords

gadget insuranceelectronic device insurancesubscription insurancephone insuranceInsurTechdigital insuranceD2C insurancedevice protection planpost-purchase insurancelaptop insuranceused device insurancetablet insuranceaccidental damage coverreconditioned device insuranceloaner phone

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Coverd Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Coverd Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedAug 14, 2025
SeedMar 31, 2020

Key People

Founding team and executive leadership

Nicolas Schwartz

Co-Founder CTO

Founding Team

Coverd Investors

Notable investors and investment history

Coverd Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Coverd Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Coverd's valuation, stock price, and market status.

Firmographic Details

HeadquartersLa Celle-Saint-Cloud, Île-de-France
Employee Range14
Year Founded2018
Last FundingAug 14, 2025

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