Fundraising Fox

Coverage Cat

YC S22 ↗

New York City, US · Founded 2022 · 4 employees · 5 known investors

coveragecat.com ↗

Narragansett Bay Insurance Company is a specialty homeowners insurer focusing on coastal properties in the Northeast and Mid-Atlantic regions where national carriers typically avoid coverage. The company provides homeowners, condo, renters, and landlord policies across nine states through independent insurance agents.

AI & Machine LearningFintechInsurTechMachine LearningInsurancein /coverage-cat@coveragecatsycombinator.com ↗
Coverage Cat website preview

Founders & leadership· Y Combinator alumni (S22)

MCMax Cho
Max ChoinFounder
GBGabriel Botelho
Gabriel BotelhoinCo-Founder & CTO
TM
Timothy MouraPresident

Investors · 5

Olive Tree CapitalBoston
Resolute VenturesSan Francisco · $1M
South Quad
Y CombinatorSan Francisco · $500K
Soma CapitalreportedSacramento · $100K – $300K

Reported raises · per SEC filings

Form D private placements
▶$4MraisedMar 2023 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Max Raymond ChoExecutive Officer, Director
  • Gabriel Addis Junqueira BotelhoExecutive Officer, Director
Offering amount
$10M
Amount sold
$4M
Minimum investment
$5K
First sale
Jul 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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