CoverForce
PrivateLast Round
Series A
Mar 5, 2025
Total Funding Raised
$18M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
CoverForce is an insurtech company that provides an infrastructure platform for commercial insurance, connecting carriers and agencies through a unified API.
Sector
FinTech
Verticals
InsurTech, API Management, Vertical SaaS
Business Model
B2B
Customer Profile
Marketplace Commission, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
CoverForce Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
CoverForce Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Mar 5, 2025 | ||||
| Seed | Jan 1, 2022 |
Key People
Founding team and executive leadership
CoverForce Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Gaingels | Series A |
| QED Investors | Series A, Seed |
| Muir Capital | Seed |
| Nyca Partners | Series A, Seed |
| Insight Partners | Series A |
| Sidekick Partners | Series A, Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 1, 2026
Working with Travelers, Liberty Mutual, and Chubb.
- Dec 19, 2025
Embedded insurance product now used by Walmart, Gusto, and Uber.
CoverForce Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
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Frequently Asked Questions
Common questions about CoverForce's valuation, stock price, and market status.