Upcover
PrivateLast Round
Series A
Feb 10, 2025
Est. Valuation
$45M
Total Funding Raised
$15.7M
Company Overview
Upcover is an Australian insurtech company founded in 2019 that operates as a digital insurance broker for small and medium-sized businesses, startups, and freelancers. The company provides an online platform for obtaining various business insurance products, including professional indemnity, public liability, and cyber insurance. In addition to its direct-to-business offering, Upcover also provides an embedded insurance solution through an API, enabling other online businesses and marketplaces to distribute insurance products to their own customers. The company is headquartered in Sydney and has raised significant venture capital to support its growth.
Sector
FinTech
Verticals
InsurTech, API Management, Compliance & Risk
Business Model
B2B
Customer Profile
Marketplace Commission
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Upcover Comps
Public and private peers based on sector, stage, and business model.
Upcover Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Feb 10, 2025 | ||||
| Seed | Jul 5, 2022 |
Key People
Founding team and executive leadership
Upcover Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Antler Elevate | Series A |
| Gandel Invest | Series A |
| Marshall Investments | Series A |
| BetterLabs | Series A |
| RealVC | Series A |
| MoreThan Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 1, 2026
Trusted by over 70,000 businesses.
- Feb 5, 2026
Added deepfake-focused endorsement via Coalition partnership.
Upcover Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Upcover's valuation, stock price, and market status.
