Machine Cover

Machine Cover

Private
Boston, MassachusettsEnterprise Softwarehttps://www.machinecover.com/

Last Round

Seed Round

Mar 9, 2026

Total Funding Raised

$1.55M

Company Overview

Machine Cover is an insurance technology company that provides a platform for creating, selling, and servicing parametric insurance products using artificial intelligence and machine learning.

Sector

Enterprise Software

Verticals

InsurTech, Platform-as-a-Service, Compliance & Risk, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Marketplace Commission

AI Layer

Application

Keywords

parametric insurance platformparametric insuranceinsurtech platformembedded insuranceinsurance-as-a-serviceinsurance APIautomated claims processingrisk pricingB2B insurtechevent-triggered insurancePaaSwebsite downtime insurancetravel delay insuranceweather insurance

Historical Pricing

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Caplight Momentum Score

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Machine Cover 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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Machine Cover Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Seed RoundMar 9, 2026
SeedFeb 19, 2025

Machine Cover Investors

Notable investors and investment history

InvestorRounds
Fin Venture CapitalSeed Round, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 9, 2026

    Raised $2M in Seed funding.

Machine Cover Filings

SEC and related filings with document metadata.

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Machine Cover Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range2
Year Founded2018
Last FundingMar 9, 2026

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.