CoverWallet Growth, Revenue, Number of Employees and Funding

Overview

Location:
Total Funding:$28.3M
Industry:Fintech
Founded:2015
Lead Investor(s):Zurich Insurance Group
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Estimated Revenue & Financials

  • CoverWallet's estimated revenue is currently $29.4M per year.
  • CoverWallet received $Undisclosed in venture funding in June 2018.
  • CoverWallet's estimated revenue per employee is $152539
  • CoverWallet's total funding is $28.3M.

Employee Data

  • CoverWallet has 193 Employees.
  • CoverWallet grew their employee count by 47% last year.
  • CoverWallet currently has 27 job openings.

Executive Contacts

NameTitle
Audrey Elizabeth SheehanDirector - Account Management
Michael KonialianVP and General Manager, CoverWallet for Agents
Paul KlineVice President of Sales
James ErmilioPresident, Insurance
Joomee LeeDirector of CRM
Sandra TorresOperations Director
Santina BrownHuman Resources Director
Spencer KingDirector Of Business Development
Diego de Haro RuizChief Customer Officer
Garry SmalleyDirector of Sales

What Is CoverWallet?

Launched in early 2016, CoverWallet combines deep analytics, thoughtful design and state of the art technology to help small businesses with all their insurance needs. CoverWallet delivers a seamless user experience while offering savings, customized coverage and best-in-class service to their customers. In a matter of minutes, any business can get peace of mind, buying and managing their insurance, all through CoverWallet's online platform. Backed by Union Square Ventures, Index Ventures, Highland Capital Partners, Founder Collective and Two Sigma Ventures, the company is actively disrupting the $100 Billion small business insurance market. CoverWallet won the 2017 Best Insurtech Solution from the Benzinga Awards and was recently named One of the Most Entrepreneurial Companies in America by Entrepreneur Magazine. IN THE NEWS > Forbes: NYC Emerges As The Capital Of Insurtech - http://bit.ly/2fixOXN > Financial Times: CoverWallet Appoints OnDeck's (NYSE: ONDK) Paul Rosen as COO - http://on.ft.com/2f65kn1 > The Wall Street Journal: Hank Greenberg's Starr Buys Stake in CoverWallet - https://t.co/dzp1pfV32I > Benzinga: CoverWallet Named Winner for Best Insurtech Solution - http://bit.ly/2xxBM9L

keywords:N/A

193

Number of Employees

$29.4M

Revenue (est)

27

Current Jobs

47%

Employee Growth %

$28.3M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

Similar Companies

NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
Noble Markets
N/AN/A
New York Shippi...
N/AN/A
Ujo
N/AN/A
Digital Currenc...
N/A40-5%
Merlon Intellig...
N/AN/A
Clarity Money
N/AN/A
Propel
N/AN/A
SeedInvest
N/A373%
Steemit
N/A170-8%
PeerIQ
N/AN/A

CoverWallet News

05/31/2019 - Aon to Grow Partnership with CoverWallet for Small-Medium Business Market

Global insurance broker Aon is partnering with digital insurance platform CoverWallet to serve clients in Australia. The parties also said they ...

05/30/2019 - Aon and CoverWallet announce commercial partnership

LONDON and NEW YORK, May 30, 2019 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad ...

05/31/2019 - Aon Ties Up With CoverWallet to Establish Presence in Australia

Aon plc AON along with CoverWallet have entered into a commercial agreement to be able to serve customers in Australia. However, terms of ...

CoverWallet Funding

DateAmountRoundLead InvestorsReference
2016-03-09$2.0MUndisclosedTwo Sigma VenturesArticle
2016-11-18$7.8MAUnion Square VenturesArticle
2017-07-20$UndisclosedUndisclosedStarr CompaniesArticle
2017-10-13$18.5MBFoundation CapitalArticle
2018-06-11$UndisclosedUndisclosedZurich Insurance GroupArticle

CoverWallet Executive Hires

DateNameTitleReference
2016-11-18Jim ErmilioEVP Commerce InsuranceArticle
2017-09-08Paul RosenCOOArticle

CoverWallet New Location/Offices

DateLocationReference
2018-04-18Rochester, NYArticle

CoverWallet Hiring Plans

DateNumber of EmployeesLocationReference
2018-05-04100BrightonArticle