Coverfy

coverfy.com ↗ ·Barcelona ·Series A

Coverfy was a Barcelona-based insurtech startup (insurance broker registered as Coverfy Insurance Services Correduría de Seguros SL) that offered a mobile app letting users manage, compare, and optimize all their personal insurance policies (auto, home, health, etc.) in one place, backed by 40+ insurers and reaching 150,000+ app users at its peak. Founded in 2016, it raised a Series A led by K Fund.

Founded

2016

Founders

Total funds raised

€4.8M

SectorsInsurtech Start-up MapInsurtech › Policy comparison & advice

Suggest a correction

Founders

Vicente Arias

Founder & CEO

Global models 5

wefox

Germany · www.wefox.com ↗

Began as an app-based digital broker that let consumers see and manage all their policies in one place, which is Coverfy's core model, before adding its own insurance carrier.

$1.5BComparable

Policybazaar

India · www.policybazaar.com ↗

Licensed online insurance broker where consumers compare and buy personal policies across many insurers, earning commission the way Coverfy's broker licence does.

$770MComparable

Clark

Germany · www.clark.de ↗

Digital insurance broker app that gathers all of a user's existing policies, reviews them and suggests better cover from 160+ insurers, almost the same model as Coverfy.

$300MComparable

Policygenius

United States · www.policygenius.com ↗

Online licensed broker helping consumers compare and manage personal insurance (life, home, auto, disability) across many carriers, paid by insurer commissions like Coverfy.

$286MComparable

The Zebra

United States · www.thezebra.com ↗

Licensed insurance comparison broker for auto and home cover that earns from insurer referrals and commissions, matching Coverfy's compare-and-optimise pitch to consumers.

$256MComparable