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Insights

Strategic Partnerships Covr Financial Technologies has established strategic partnerships with industry giants like Citi and Smart Choice, presenting a golden opportunity for cross-selling its digital insurance solutions to a wider network of financial advisors and agents in the United States.

Innovative Product Launches With recent launches such as Advisor 3.0 and an AI-powered suite of term life insurance products, Covr has demonstrated a commitment to innovation. Sales teams can leverage these cutting-edge offerings to attract clients seeking advanced, tech-driven insurance solutions.

Venture Capital Backing Being backed by prominent venture capital firms like Allianz Life Ventures and Aflac Ventures not only enhances Covr's credibility but also signifies substantial growth potential. This financial backing can serve as a strong selling point to attract investors looking to capitalize on the Insurtech sector.

Cross-Collaboration Opportunities With offices in Boise, ID, and Hartford, CT, Covr is strategically positioned to facilitate collaboration and business development opportunities with companies in these regions. Sales professionals can leverage these locations to forge partnerships and expand market reach.

Financial Health and Stability Despite being a relatively young company, Covr has shown robust financial health with a revenue ranging between $10M to $50M and successful funding rounds like the $15M Series B. This stability can instill confidence in potential clients and investors, making it an attractive choice for partnerships and investments.

Similar companies to Covr Financial Technologies

Covr Financial Technologies Tech Stack

Covr Financial Technologies uses 8 technology products and services including Kubernetes, Docker, DBT, and more. Explore Covr Financial Technologies's tech stack below.

  • Kubernetes
    Containerization
  • Docker
    Containerization
  • DBT
    Continuous Integration
  • Snowflake
    Data Management Platforms
  • MongoDB
    Database
  • MySQL
    Database
  • Microsoft Outlook
    Email
  • JavaScript
    Programming Languages

Media & News

Covr Financial Technologies's Email Address Formats

Covr Financial Technologies uses at least 1 format(s):
Covr Financial Technologies Email FormatsExamplePercentage
First.Last@covrtech.comJohn.Doe@covrtech.com
88%
Last@covrtech.comDoe@covrtech.com
10%
Last.First@covrtech.comDoe.John@covrtech.com
1%
FirstLas@covrtech.comJohnDoe@covrtech.com
1%

Frequently Asked Questions

Where is Covr Financial Technologies's headquarters located?

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Covr Financial Technologies's main headquarters is located at 1 American Row Suite 5 Hartford, Connecticut 06103 US. The company has employees across 3 continents, including North AmericaEuropeAsia.

What is Covr Financial Technologies's phone number?

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You can contact Covr Financial Technologies's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Covr Financial Technologies's official website and social media links?

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Covr Financial Technologies's official website is covrtech.com and has social profiles on LinkedIn.

How much revenue does Covr Financial Technologies generate?

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As of September 2024, Covr Financial Technologies's annual revenue reached $15M.

What is Covr Financial Technologies's NAICS code?

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Covr Financial Technologies's NAICS code is 52 - Finance and Insurance.

How many employees does Covr Financial Technologies have currently?

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As of September 2024, Covr Financial Technologies has approximately 105 employees across 3 continents, including North AmericaEuropeAsia. Key team members include Chief Executive Officer: M. K.Chief Financial Officer, Head Of Hr: A. N.Chief Technology Officer: B. L.. Explore Covr Financial Technologies's employee directory with LeadIQ.

What industry does Covr Financial Technologies belong to?

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Covr Financial Technologies operates in the Financial Services industry.

What technology does Covr Financial Technologies use?

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Covr Financial Technologies's tech stack includes KubernetesDockerDBTSnowflakeMongoDBMySQLMicrosoft OutlookJavaScript.

What is Covr Financial Technologies's email format?

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Covr Financial Technologies's email format typically follows the pattern of . Find more Covr Financial Technologies email formats with LeadIQ.

How much funding has Covr Financial Technologies raised to date?

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As of September 2024, Covr Financial Technologies has raised $15M in funding. The last funding round occurred on Apr 07, 2022 for $15M.

When was Covr Financial Technologies founded?

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Covr Financial Technologies was founded in 2016.
Covr Financial Technologies

Covr Financial Technologies

Financial ServicesConnecticut, United States51-200 Employees

Covr is an "Insurtech" company that provides a digital insurance platform that simplifies the insurance process and makes it easy to protect your loved ones. Through partnerships with financial institutions and other national brands, Covr's embedded technology gives financial advisors and their customers a way to research and purchase life insurance from top-rated companies without the hassles of the traditional process. To learn more, visit www.covrtech.com


Covr has also developed a platform for Independent financial advisors. With Covr Pro, independent advisors have all the tools they need to increase their sales, reduce cost, and maximize compensation. To learn more, visit www.covrpro.com.


Covr is backed by leading venture capital firms: Allianz Life Ventures, Aflac Ventures, Nyca Partners, Commerce Ventures, Connectivity Capital Partners Contour Venture Partners and Sony IGV. 


Offices: Boise, ID and Hartford, CT. To learn more, visit www.covrtech.com

Section iconCompany Overview

Headquarters
1 American Row Suite 5 Hartford, Connecticut 06103 US
Phone number
NAICS Code
52 - Finance and Insurance
Founded
2016
Employees
51-200

Section iconFunding & Financials

  • $15M

    Covr Financial Technologies has raised a total of $15M of funding over 6 rounds. Their latest funding round was raised on Apr 07, 2022 in the amount of $15M.

  • $10M$50M

    Covr Financial Technologies's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $15M

    Covr Financial Technologies has raised a total of $15M of funding over 6 rounds. Their latest funding round was raised on Apr 07, 2022 in the amount of $15M.

  • $10M$50M

    Covr Financial Technologies's revenue is in the range of $10M$50M

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