COVU Insurance Solutions LLC.

Founded in 2019, co-founded by Ali Safavi, Tasos Chatzimichailidis, Amir Kargar, Amin Zarshenas, and based in California, US, COVU Insurance Solutions LLC operates as an artificial intelligence-based digital platform that are used by insurance companies to assist clients in identifying and addressing any gaps in their insurance coverage. In August 2025, COVU Insurance Solutions LLC. COVU offers a digital platform that uses artificial intelligence to assist clients in identifying and addressing any gaps in their insurance coverage. Through the company’s platform, customers can renew and purchase new coverage. Additionally, the company provides AI-enabled sales assistance to help consumers find the best insurance coverage. COVU Insurance Solutions LLC. earns revenue through SaaS subscriptions, service fees for operational support, and strategic partnerships with insurance carriers. It also generates income from agency acquisitions and premium-based revenue sharing. With this capital, COVU will continue to expand its AI-native platform and servicing infrastructure, onboard new carrier partners, and support both organic and M&A-driven growth for agencies across the country.

1. Series A

   Feb 19, 2025

   Amount

   $9.9M

   Investors

   Locked

2. Series A

   Oct 10, 2024

   Amount

   $13M

   Investors

   Locked

3. Seed

   Jun 30, 2022

   Amount

   $10M

   Investors

   Locked