CoverForce
Financial Software · New York, United States · 11-50 Employees
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Overview
Headquarters
485 Madison Ave Ste 1702, New York, New ...Phone Number
(917) 905-6508Website
www.coverforce.comRevenue
$6.7 MillionIndustry
ZI Rank: 1
Signal Type
Mar
Apr
May
Jun
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Aug
ZI Rank
2
2
1
1
1
1
About CoverForce
CoverForce is a leading marketplace for quote-and-bind API connections in commercial insurance, offering a trusted and secure platform for carriers, agencies, and wholesalers. With over 20 of the largest insurance wholesalers and networks in America, CoverForce enables faster underwriting, instant quotes, and one-click policy binding. Founded at the University of Pennsylvania's Innovation Labs, CoverForce is backed by investors from Insight Partners, Nyca Partners, and QED Investors, as well as advisors from Travelers and The Hartford. The company continues to expand its reach by offering customized enterprise software for agencies and robust APIs that drive transformative change in the insurance ecosystem.Explore more
CoverForce Org Chart
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Type
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Company Profile Activity
Activity Insights
CoverForce is experiencing very low activity levels compared to other companies in the Software sector.
What does this means?
CoverForce is drawing exceptional interest within the Software industry, suggesting notable developments or strong market momentum, learn more about CoverForce.
CoverForce financials insights
Gather financial insights about CoverForce, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2022
Angel/Seed
$5M
2025
Series A
$13M
CoverForce Tech Stack
A closer look at the technologies used by CoverForce
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Most Recent Scoops
Event
Product Marketing, Events, Automation, Sales, Enterprise Software, Software, Field /Outside Sales, Business Insurance, Digital Transformation, Field Marketing, Finance, Risk
Event
Product Marketing, Events, Automation, Sales, Enterprise Software, Software, Field /Outside Sales, Business Insurance, Digital Transformation, Field Marketing, Finance, Risk
Open Position
Hiring Plans
CoverForce has more open roles in Sales than it has had at any time in the past 12 months with an increased focus on technologies like Plaid. Areas of expertise include: Customer Success Management, Account Management, Client Services, and Client Needs Assessment.
Hiring Plans
Open Position
CoverForce News & Media
CoverForce Raises $13M in Series A Funding
CoverForce, a NYC-based provider of infrastructure platform for commercial insurance, raised $13M in Series A funding. The round was led by Insight Partners with participation from Nyca Partners. The company intends to use the funds to expand its platform’s capabilities, onboard additional carriers and distributors, and invest in AI-driven tools to further streamline insurance workflows. […] The post CoverForce Raises $13M in Series A Funding appeared first on FinSMEs.Insurtech CoverForce Announces Addition of Cyber Insurance to API Toolkit
CoverForce, which claims to be the first independent API to deliver instant quotes and one-click binding from the insurance carriers, announced the addition of cyber insurance to its API toolkit. According to S&P Global, cyber is one of “the fastest-growing subsector of the insurance market... Read MoreInsurtech CoverForce, the API Delivering Instant Quote and One-Click Bind from Insurance Carriers, Partners with NowCerts
CoverForce, the “independent “API delivering instant quote and one-click bind from the leading insurance carriers, announced a partnership with agency management system, NowCerts. Through this partnership, NowCerts has “launched an instant commercial lines quote and bind platform enabled by leveraging CoverForce’s API infrastructure.” Cyrus Karai,... Read MoreCoverForce, Interview With CEO Cyrus Karai
Some days ago, CoverForce, a NYC-based independent insurance platform, emerged from stealth mode raising $5m in seed funding. In conjunction with the announcement, Cyrus Karai, CEO, answered our questions about the company, the funding and future plans. FinSMEs: Hi Cyrus, can you tell us a bit more about yourself? What’s your background? Of course, I’m […] The post CoverForce, Interview With CEO Cyrus Karai appeared first on FinSMEs.
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Frequently Asked Questions Regarding CoverForce
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CoverForce is a leading marketplace for quote-and-bind API connections in commercial insurance, offering a trusted and secure platform for carriers, agencies, and wholesalers. With over 20 of the largest insurance wholesalers and networks in America, CoverForce enables faster underwriting, instant quotes, and one-click policy binding. Founded at th... Read More
