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
Recent funding
Equity
Jul 2026
$100M
Series E
May 2024
$80M
Series D
Nov 2022
$70M
Series C
Sep 2021
$73M
Equity
Oct 2020
$11M