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Cover Genius

45-53 Clarence Street, Sydney, NSW, 2000, Australia

Overview

Cover Genius operates an embedded protection platform that connects 200+ partners with 50+ global insurance carriers to protect customers at the point of sale across travel, retail, ticketing, and logistics. The company dynamically adapts product design, pricing, and presentation in real time to match merchants’ customer journeys and geographic mixes. In 2025 it reported 50% year-over-year revenue growth, surpassed $3 billion in cumulative gross written sales, and extended its reach to 240 million policies; it also protects over 70 million end customers through integrations with platforms such as Klarna, Revolut, Booking.com, Amazon, eBay, Wayfair, and Uber. Cover Genius operates XCover, its claims management platform, which has an “Excellent” 4.5/5 rating on Trustpilot from 70,000+ verified consumer reviews. The company plans to invest its new capital in enhanced integrations, AI-driven personalization and distribution, automated claims infrastructure, platform scalability, and selective acquisitions to enter new verticals.

Total raised
$344M
Funding rounds
7
Latest round
Equity
Latest activity
Jul 2026

Industries

  • Financial Services
  • FinTech
  • Insurance
  • InsurTech
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Recent funding

  1. Equity

    Jul 2026

    $100M

  2. Series E

    May 2024

    $80M

  3. Series D

    Nov 2022

    $70M

  4. Series C

    Sep 2021

    $73M

  5. Equity

    Oct 2020

    $11M

Team

  • Angus McDonald

    Co-Founder & CEO

    LinkedIn
  • Chris Bayley

    Co-Founder & Chief Innovation Officer

    LinkedIn
  • Gloria Basem

    Global Chief People Officer

    LinkedIn
  • David Rudow

    Chief Financial Officer

    LinkedIn