# Weecover

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/weecover

- Industry: Financial Services
- Headquarters: Barcelona, Spain
- Website: www.weecover.com
- Total disclosed funding: $2.7M
- Latest round: Seed (Oct 19, 2021)
- Investors on record: 2

## About

Weecover, based in Barcelona, Spain, is a technology provider founded in 2019 that focuses on simplifying the distribution and management of insurance products through an innovative SaaS platform.Weecover operates a SaaS platform that streamlines the management of insurance products for various sectors, including retail and travel. Founded in 2019 by Jordi Pages and Rafael Gallardo, the company has successfully completed 3 funding deals, raising a total of EUR 4.2 mn by January 2025. The most recent funding round was co-led by Swanlaab Venture Factory and Nauta Capital, with contributions from multiple investors including AstoryaVC, Bankinter, Iope Ventures, Prosegur Ventures and La Roca Capital. Weecover primarily offers a Software as a Service (SaaS) platform that enables efficient distribution and management of insurance products across various sectors. The platform supports integration with insurance companies, Managing General Agents, and digital platforms, providing features like real-time pricing and customizable client portals, thereby reducing operational costs and enhancing customer engagement.In the most recent fiscal year of 2023, Weecover reported revenues of EUR 876,567.50, with an EBITDA of EUR -256,896.30, reflecting the company's financial position and operational costs as it continues to develop its market presence.Weecover plans to leverage the EUR 4.2 mn raised in January 2025 to expand globally and innovate new insurance products. This funding will support the company's strategy to enter new markets and enhance its offerings, focusing on regions poised for growth in embedded insurance solutions.

## Funding rounds

- Seed, Oct 19, 2021, $2.7M — Nauta Capital, Astorya.vc

## Investors

- Nauta Capital (https://capitalatlas.ai/funds/nauta-capital) — Seed
- Astorya.vc — Seed