NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









COVU

COVU

Private
Redwood City, CaliforniaEnterprise Softwarehttps://www.covu.com/

Last Round

Growth Equity

Aug 29, 2025

Total Funding Raised

$48.5M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

COVU is an insurtech company that provides an AI-native operating system and full-service platform for independent insurance agencies to streamline operations, manage customer relationships, and grow their business.

Sector

Enterprise Software

Verticals

InsurTech, NLP & Conversational AI, Workflow Automation, Customer Experience

Business Model

B2B

Customer Profile

Services & Consulting, Subscription SaaS

AI Layer

Application

Keywords

insurtechinsurance automationagency management systemAI insuranceworkflow automationinsurance agency softwareSaaSinsurance operationsAI agentcustomer portalinsurance brokerage softwareinsurance tech stackmanaged servicesB2B SaaSAI copilot

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

COVU Comps

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

COVU comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

COVU Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Growth EquityAug 29, 2025
VC RoundAug 1, 2025
Series A ExtensionFeb 20, 2025
Series AOct 10, 2024
SeedAug 17, 2022

Key People

Founding team and executive leadership

Ali Safavi

CEO Co-founder

Founding Team

Don Loonam

COO

Executive Team

COVU Investors

Notable investors and investment history

COVU investors
InvestorRounds
ManchesterStory GroupSeries A Extension, Series A, Seed
MarkdSeries A Extension, Series A
True Global VenturesSeries A Extension
Benhamou Global VenturesSeries A, Series A Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 10, 2026

    Launched COVU OS, an AI-native operating stack for insurance distribution.

  • Oct 2, 2025

    Introduced COVU Connect, a new data integration and MDM platform.

COVU Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

COVU Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersRedwood City, California
Employee Range70
Year Founded2019
Last FundingAug 29, 2025

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.