CoverWallet
acquired by AonNew York, US · Founded 2015 · Delaware corporation · 9 known investors
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.
IB
Inaki BerenguerFounder
Board
CM
JB
Investors · 9
Founder CollectiveCambridge
Kibo VenturesMadrid · $2.2M – $5.4M
Kleiner PerkinsMenlo Park · $500K – $15M
R136 VenturesWoodside · $2M – $20M
Union Square Ventures (USV)New York City · $1M – $8Mvia John Buttrick · board
Foundation Capitalreported · 2 sourcesSan Francisco · $250K – $15Mvia Charles Moldow · board
Highland Capital PartnersreportedCambridge · $1M – $10M
Index VenturesreportedSan Francisco · $540K – $10.8M
Two Sigma VenturesreportedNew York · $2M – $15M
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 TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
4 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 is a digital insurance agency that provides integrated homeowners and specialty insurance solutions for mortgage institutions across the full mortgage lifecycle (origination, refinancing, and servicing). The platform connects borrowers with 80+ carriers through an API-first marketplace and embedded UX components, with compliance certifications for GLBA, RESPA, and SOC 2 Type II.
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.