🦊/Companies

CoverWallet

acquired by Aon

New York, US · Founded 2015 · Delaware corporation · 9 known investors

Find your way into CoverWallet

1,365 people in our graph share verified history with the CoverWallet team — schools, employers, funds. One of them is your warm intro.

René Kuijtenunlockedknows Inaki Berenguer · together at McKinsey & Company (overlapped)
×4knows the team · via University of Cambridge
×3knows the team · via Massachusetts Institute of Technology
×2knows the team · via McKinsey & Company
knows the team · via Stealth AI Startup
knows the team · via Columbia University

An insurance brokerage offering personalized policy solutions for small businesses across multiple sectors including healthcare providers, attorneys, dentists, and nonprofits.

Founders & leadership

CoverWallet was founded in 2015 by Inaki Berenguer.

IBInaki Berenguer
Inaki Berenguerin𝕏CEO and co-founder2015–2022Managing Partner at LifeX Ventures

Board

CMCharles Moldow
Charles Moldowin𝕏Board directorGeneral Partner at Foundation Capital
JBJohn Buttrick
John Buttrick𝕏Board directorPartner at Union Square Ventures (USV)

Investors · 9

Reported raises · per SEC filings

Form D private placements

$18.5M disclosed across 1 of 2 rounds · 2017–2025

$18.5MraisedOct 2017 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Charles MoldowDirector
  • Inaki BerenguerExecutive Officer, Director
  • John ButtrickDirector
Offering amount
$18.5M
Amount sold
$18.5M
First sale
Sep 2017
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Founder mafia

5 people who came through CoverWallet went on to found or lead other companies.

Competitors · 7

by search overlap
Coverdash15 shared keywordsCoverDash provides embedded insurance technology that allows businesses to source coverage at transaction points. The platform makes insurance accessible to organizations of various sizes through integration into their existing business operations.
Covered10 shared keywordsCovered operates a homeowners insurance marketplace connecting mortgage borrowers with 80+ carriers across all 50 states, offering quote comparison, licensed advisor guidance, and renewal re-shopping to help borrowers secure adequate coverage and competitive rates.
Coverforce9 shared keywordsCoverForce provides modular, white-label software and an API for the commercial insurance value chain, letting agents submit, quote, compare, and bind policies across multiple carriers through a single integration. It serves brokers, agencies, agency networks, wholesalers, insurtechs, banks, and PEOs, and offers AI-powered tools for reading submission documents and automating quoting workflows.
Fundbox9 shared keywordsFundbox provides fast, flexible capital access to small businesses through technology-driven lending solutions. The company serves the small business economy with products that simplify financial decision-making and support embedded capital solutions for SMB platforms.
Openly8 shared keywordsOpenly provides home insurance products and services for independent agents and consumers through a technology-enabled platform. The company combines actuarial science and machine learning to streamline quoting, policy management, and claims processes.
Cover7 shared keywordsA mobile application that lets users photograph items to obtain insurance quotes from multiple carriers. Cover connects customers with insurance companies and brokers to cover vehicles, phones, pets, jewelry, homes, boats, and other property.
Clearcover7 shared keywordsClearcover is an insurance company that simplifies auto insurance coverage selection and claims processing through a mobile-first platform, enabling fast claim payouts.

Companies competing with CoverWallet for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does CoverWallet do?
An insurance brokerage offering personalized policy solutions for small businesses across multiple sectors including healthcare providers, attorneys, dentists, and nonprofits.
Who founded CoverWallet?
CoverWallet was founded by Inaki Berenguer in 2015.
Who are CoverWallet's investors?
CoverWallet's investors include Founder Collective, Kibo Ventures, Kleiner Perkins, R136 Ventures, Union Square Ventures (USV), Foundation Capital, Highland Capital Partners, Index Ventures and 1 more.
How much funding has CoverWallet raised?
CoverWallet has disclosed $18.5M raised across 1 of its 2 known rounds.
Who acquired CoverWallet?
CoverWallet was acquired by Aon.
Where is CoverWallet headquartered?
CoverWallet is headquartered in New York, US.