InsurTech leader Qover secures $30m in Series C funding round

In the increasingly competitive InsurTech market, Qover, a pioneering firm specialising in the orchestration of embedded insurance, stands out as it successfully wraps up a $30m Series C funding round.

Qover’s mission, to craft a comprehensive safety net that safeguards everyone, globally, underscores its commitment to innovative solutions in the InsurTech space.

A dynamic array of investors, namely Alven, Anthemis, Kreos Capital, and Zurich Global Ventures, participated in this funding round. Their investment underscores Qover’s potential for sustainable growth and its capability to empower brands to orchestrate insurance through technology. This new funding is expected to turbocharge Qover’s expansion efforts, catalyse technological development, and facilitate strategic partnerships.

Qover’s key offering lies in its embedded insurance orchestration. Through a platform that smoothly integrates with any insurer or broker, Qover facilitates essential collaborations with major brands. Numerous leading companies, including Revolut, Qonto, Monzo, ING, Monese, Fisker, Nio, Volta Trucks, Niu, and Lucid, have chosen Qover as their go-to platform for embedded insurance orchestration.

Qover’s CEO & Co-founder Quentin Colmant said, “We are thrilled to announce the completion of our Series C funding round, which brings us one step closer to achieving our growth and profitability goals. Our commitment to transforming insurance experiences has been unwavering. Our ability to navigate and quickly adapt to the changing tech landscape has been instrumental in attracting top-tier clients and investors. We are incredibly proud of what our team has accomplished. With their resilience as our driving force, we’re excited about the opportunities that lie ahead as we continue to push boundaries and shape the future of insurance.”

This new funding follows a series of successful partnerships, further cementing Qover’s status as a leading embedded insurance orchestrator.

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