Clearcover

InsuranceSeries EPortsmouth, USclearcover.com

Latest round

Series E

Last raised

Mar 2024

Total raised

$360M

Investors

10

About Clearcover

Clearcover, Inc.Founded in 2016 by Derek Brigham and Kyle Nakatsuji, Clearcover, Inc. is headquartered in Portsmouth, US.Clearcover specializes in providing car insurance solutions that leverage technology to streamline the coverage process. Their primary offerings include essential auto insurance coverages such as Liability Insurance, Comprehensive and Collision coverage, and Uninsured/Underinsured Motorists coverage. Additional services include Medical Payments and Personal Injury Protection.Clearcover's revenue model is structured around direct-to-consumer transactions, where customers purchase car insurance policies offering various coverage options. Clients can engage with the company through a fully digital platform, allowing them to obtain quotes, select coverages, and manage claims seamlessly. Customers pay premiums for the selected insurance plans, including basic liability coverage and additional options like Comprehensive and Collision coverage.In March 2024, Clearcover, Inc. The company is planning to launch new insurance products aimed at enhancing customer engagement and satisfaction. Additionally, Clearcover aims to expand its services into new markets across the United States, targeting regions that require tailored insurance solutions by the end of 2025.

Who invested in Clearcover

10 investors across 5 rounds

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Funding rounds

  1. Series E

    Mar 27, 2024

    Amount

    $55M

    Investors

    Locked

  2. Series D

    Apr 13, 2021

    Amount

    $200M

    Investors

    Locked

  3. Series C

    Jan 3, 2020

    Amount

    $50M

    Investors

    Locked

  4. Series B

    Jan 22, 2019

    Amount

    $43M

    Investors

    Locked

  5. Series A

    Sep 19, 2017

    Amount

    $12M

    Investors

    Locked

Questions about Clearcover

Who invested in Clearcover?

Clearcover has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Clearcover raised?

Clearcover has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Clearcover last raise money?

Clearcover's most recent round on record is a Series E, in Mar 2024.

What does Clearcover do?

Clearcover is a insurance company.

Where is Clearcover headquartered?

Clearcover is headquartered in Portsmouth, US.

Which VCs invest in companies like Clearcover?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Clearcover's stage. Their profiles are linked below.

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