Coverdash revolutionizes SMB insurance with $13.5M Series A funding secured

March 2, 2024
1 min read


Coverdash, a rising star in the insurtech industry, secures $13.5 million in Series A funding, bringing their total funding to $16 million. Their embedded insurance model revolutionizes insurance accessibility for startups and SMBs.

  • Coverdash secures $13.5 million in Series A funding
  • Their embedded insurance model revolutionizes insurance accessibility for startups and SMBs

Coverdash Secures $13.5M Series A to Revolutionize SMB Insurance with Embedded Tech

Coverdash, an emerging leader in the insurtech space, has recently announced a significant milestone, securing $13.5 million in Series A funding. This latest round, led by Nyca Partners and buoyed by continued support from existing investors, propels Coverdash’s total funding to an impressive $16 million.

Founded in 2022, Coverdash has quickly distinguished itself by offering a comprehensive suite of commercial insurance products across the U.S. Its innovative approach allows businesses to swiftly purchase insurance from trusted sources, leveraging embedded technology that enables partners from any industry to offer customizable insurance solutions with ease.

Coverdash is not merely a platform for purchasing insurance; it positions itself as a virtual risk management arm for businesses. By offering products such as general liability, business owners policy, workers compensation, and more, Coverdash promises significant savings on insurance costs.

Despite the shift towards digitization, Coverdash emphasizes the importance of maintaining personal interaction through real agents, ensuring a personalized service experience. This balance of innovative technology and human touch positions Coverdash as a preferred insurance agency for startups and SMBs at various growth stages.

Latest from Blog

Your Daily InsurTech Briefing – 2024-07-23

Let’s see what’s in the news today. TMN reveals new partnership with UnderwriteMe Try Mortgage Network has announced a new partnership with insurance technology platform, UnderwriteMe, with the new platform being fully

Oka and Socotra team up for carbon insurance services!

TLDR: Oka and Socotra have announced a strategic partnership focused on carbon markets and climate solutions The partnership aims to de-risk carbon credits through innovative insurance solutions Oka, The Carbon Insurance Company™,

TMN announces exciting collaboration with UnderwriteMe.

TLDR: Mortgage Network partners with UnderwriteMe to integrate their insurance technology platform into CRM provider, One Mortgage System. UnderwriteMe’s Protection Platform offers underwritten quotes from multiple insurers for multiple products, saving time

Your Daily InsurTech Briefing – 2024-07-22

Let’s see what’s in the news today. AIA Singapore Appoints Chief Tech Officer The Singapore unit of AIA has announced an internal promotion to the position of chief technology officer. Read the