CoverHound - About the company
CoverHound is an acquired company based in San Francisco (United States), founded in 2010 by and . It operates as an Online insurance comparison platform for individuals and businesses. CoverHound has raised $119M in funding from investors like Blumberg Capital, Tugboat Ventures and RRE Ventures. The company has 152 active competitors, including 22 funded and 34 that have exited. Its top competitors include companies like NerdWallet, Insurify and SelectQuote.
Company Details
CoverHound provides an online insurance comparison platform for individuals and businesses. It offers quotes for life insurance, auto insurance, homeowners insurance, renters insurance, and more. It also offers quotes for cyber insurance, business owner insurance, personal liability insurance, workers compensation insurance, and more.
- Website
- Social
- Email ID
- @coverhound.com
- Phone Number
- +1
Key Metrics
Founded Year
2010
Location
San Francisco, United States
Stage
Acquired
Total Funding
in 8 rounds
Latest Funding Round
Investors
Ranked
10th among
Employee Count
as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by (Nov 09, 2020)
Legal entities associated with CoverHound
CoverHound is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Dec 26, 999 | - | 860 | 773 |
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CoverHound's acquisition details
CoverHound got acquired by on Nov 09, 2020. It was facilitated by Perella Weinberg Partners.
Click to take a look at CoverHound's acquisition in detail
CoverHound's funding and investors
CoverHound has raised a total funding of $119M over 8 rounds. Its first funding round was on Mar 29, 2011. Its latest funding round was a Series D round on Feb 05, 2019 for $58M. 4 investors participated in its latest round, which includes RRE Ventures, Blumberg Capital, Bullpen Capital and Teamworthy Ventures.
CoverHound has 14 institutional investors including Blumberg Capital, Tugboat Ventures and RRE Ventures.
Here is the list of recent funding rounds of CoverHound:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Feb 05, 2019 | $58M | Series D | 8260122 | 2466827 | , Chubb, and |
Sep 22, 2015 | $33.3M | Series C | 9214184 | 5415575 | Chubb, RRE Ventures, and |
Mar 09, 2015 | $14M | Series B | 8549750 | 3970906 |
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CoverHound's founders and board of directors
The founders of CoverHound are and . is the CEO of CoverHound.
View details of CoverHound's Founder profiles and Board Members
CoverHound's employee count trend
CoverHound has 130 employees as of Dec 22. The total employee count is 10.3% lower than what it was in Dec 21. Here is CoverHound's employee count trend over the years:
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Top competitors of CoverHound include NerdWallet, Insurify and SelectQuote. Here is the list of Top 10 competitors of CoverHound, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  NerdWallet 2009, San Francisco (United States), Public | App-based comparison platform for financial products | $123M | 83/100 | |
2nd |  Insurify 2013, Cambridge (United States), Series B | Online comparison platform for car insurance | $154M | , Viola GroupÌý&²¹³¾±è;Ìý | 76/100 |
3rd | SelectQuote 1984, San Francisco (United States), Public | Online life insurance comparison platform for individuals | - | Morgan Stanley, HTIFÌý&²¹³¾±è;Ìý | 74/100 |
4th | EverQuote 2011, Cambridge (United States), Public | Online comparison platform for automotive & other insurances | $37.6M | Savano Capital Partners, Alumni VenturesÌý&²¹³¾±è;Ìý | 73/100 |
5th |  The Zebra 2012, Austin (United States), Series D | Online insurance comparison platform for individuals | $262M | 71/100 | |
6th |  Amplify Life Insurance 2019, San Francisco (United States), Series B | Online insurance comparison platform | $60.9M | Crosslink Capital, GreycroftÌý&²¹³¾±è;Ìý | 68/100 |
7th | Policygenius 2014, New York City (United States), Acquired | App-based insurance comparison platform for individuals | $288M | Greenspring Associates, KKRÌý&²¹³¾±è;Ìý | 66/100 |
8th | Assurance 1995, Bellevue (United States), Acquired | Online insurance comparison platform | - | - | 60/100 |
9th |  HealthPlanOne 2006, Trumbull (United States), Acquired | Provider of enrollment and engagement outcomes for the insurance firms | $3.5M | 57/100 | |
10th |  2010, San Francisco (United States), Acquired | Online insurance comparison platform for individuals and businesses | $119M | RRE Ventures, Blumberg CapitalÌý&²¹³¾±è;Ìý | 50/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on CoverHound's competitors? Click to see the top ones
CoverHound's Investments and acquisitions
CoverHound has made no investments or acquisitions yet.
Reports related to CoverHound
Here is the latest report on CoverHound's sector:
View
News related to CoverHound
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•
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Insurance Business America•Dec 04, 2019•, CoverHound
•
GlobeNewswire•Aug 19, 2019•CoverHound
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The Business Journals•Apr 01, 2019•CoverHound
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PR Newswire•Sep 25, 2018•CoverHound,
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about CoverHound
When was CoverHound founded?
CoverHound was founded in 2010.Where is CoverHound located?
CoverHound is located in San Francisco, United States.Is CoverHound an acquired company?
CoverHound got acquired by Brown & Brown Insurance on Nov 09, 2020.When was the latest funding round of CoverHound?
CoverHound's latest funding round was on Feb 05, 2019.Our Lite Plan Awaits you - Its Free!
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