Coverdash Secures $13.5 Million in Series A Funding
The investment aims to bolster the startup's embedded insurance offerings and partner network.
- Coverdash, an embedded insurance technology startup, has raised $13.5 million in Series A funding to expand its offerings and partner network.
- The funding will be used to grow the company's internal team, broaden its insurance carrier panel, and expand its embedded partner network.
- Coverdash's technology enables partners across various industries to offer insurance to their customers seamlessly within their own platforms.
- The company has tripled its number of embedded distribution partners to over 100 in the past year, significantly growing its customer base and partnerships.
- This Series A round was led by Nyca Partners, following a $2.5 million seed round raised by Coverdash in early 2023.