OpenCover
PrivateLast Round
Grant
Feb 18, 2025
Total Funding Raised
$4.03M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
OpenCover is a decentralized finance company that provides an onchain insurance and risk transfer platform to protect users against risks such as smart contract exploits, scams, and governance attacks.
Sector
Crypto & Web3
Verticals
DeFi, InsurTech, Smart Contracts, Layer 2 Solutions
Business Model
B2C
Customer Profile
Marketplace Commission, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
OpenCover Comparables
Compare OpenCover with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Nexus Mutual | 83% | |
| Neptune Mutual | 82% | |
| InsurAce | 82% | |
OpenCover Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Feb 18, 2025 | ||||
| Accelerator | Mar 25, 2024 | ||||
| Seed | Sep 7, 2023 |
Key People
Founding team and executive leadership
OpenCover Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| NFX | Seed |
| Norton Rose Fulbright | Grant |
| Orange DAO | Seed |
| Alliance DAO | Seed |
| Village Global | Seed |
| Village Global | Seed |
| Coinbase Ventures | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 21, 2026
Monthly visitors grew 119% MoM, reaching 8.7K.
- Apr 2, 2026
Launched Covered Vaults, a primitive for vault-native risk transfer.
OpenCover 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 |
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 |
Frequently Asked Questions
Common questions about OpenCover's valuation, stock price, and market status.