# Cover Whale Insurance Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cover-whale-insurance-solutions

- Industry: Insurance
- Headquarters: New York, US
- Website: www.coverwhale.com/
- Total disclosed funding: $12M
- Latest round: Series A (May 17, 2024)
- Investors on record: 1

## About

Founded in 2019 and based in California, US, Cover Whale Insurance Solutions, Inc. operates as an online platform, providing a simple solution for fast insurance quotes. In July 2025, Cover Whale Insurance Solutions, Inc. raised USD 40 million in growth funding from Morgan Stanley Expansion Capital. Dan Abrahamsen is the founder and CEO of the company. The company provides software for agents and brokers to provide commercial auto solutions such as coverage, automobile liability, physical damage, cargo, truckers' general liability, and non-trucking liability insurance. The firm offers first-sale cycle times, access to online endorsements and documents, and dedicated support. The company generates revenue primarily through commercial auto insurance premiums. They invested in technology platform, built a high-performing service organization, and refined our pricing, underwriting and loss control programs. The company plans to use the July 2025 funding to scale its connected insurance platform by investing in technology upgrades, expanding product offerings, and enhancing analytics and underwriting capabilities to reach a projected $277 million in gross written premiums by year-end.

## Funding rounds

- Series A, May 17, 2024, $12M — Morgan Stanley Expansion Capital

## Investors

- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series A