CoverFox

CoverFox

CoverFox is a Mumbai-based insurance technology company offering an online platform for managing insurance policies.

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Edits on 3 July, 2020
Dawson Sewell
Dawson Sewell edited on 3 July, 2020 4:01 pm
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Edits on 24 June, 2020
Neelam Jhaveri
Neelam Jhaveri approved a suggestion from Golden's AI on 24 June, 2020 9:02 am
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On April 24, 2015 CoverFox completed their series B funding round with $12 million in funding from SAIF Partners (lead investor), Accel (lead investor), and NuVenturesNuVentures.

Edits on 22 May, 2020
Aleksander Holm
Aleksander Holm edited on 22 May, 2020 8:58 pm
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CoverFox

AnCoverFox is a Mumbai-based insurance technology company offering an online platform for managing insurance policies.

Article

CoverFox is an insurance technology company offering an online platform for managing insurance policies that is headquartered in Mumbai, Maharashtra, India and was founded in 2013 by Devendra Rane and Varun Dua. CoverFox is a subsidiary of GlitterBug Technologies, an India-based insurance service provider.

...

CoverFox offers insurance products for Indian customers across categories including health, automotive, life, bike, travel, investment, and home insurance. Their products include top insurance brands in India.

Artificial Intelligence

As of 2019, CoverFox began using artificial intelligence models to create their insurance platform. The algorithm-based policy discovery allows users to compare and choose from a range of plans to suit their budgets and needs. They also worked to integrate the process of policy issuance, endorsements, inspection and claims with insurance companies to make sales and post-sales service easier through their platform.

Part of their use of artificial intelligence is in their platform Coverdrive, which they offer for insurance sellers. Launched in 2017, Coverdrive is a digital assistant for insurance agents.

Aleksander Holm
Aleksander Holm edited on 22 May, 2020 8:48 pm
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Timeline

March 24, 2020

Avaana Capital Co-founder takes over reins of insurance-technology startup CoverFox.

Sanjib Jha, a co-founder of growth-stage venture investor Avaana Capital, has taken over as the interim chief executive of CovrerFox.

November 18, 2019

CoverFox Pins IPO Hopes on Automation as it Looks to Tap $280 Bn Indian Insurance Market.

Golden AI"Funding autocalculation"
Golden AI edited on 22 May, 2020 8:43 pm
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Total funding amount (USD)
34,000,000
Total funding amount (USD)
36,100,000
Golden AI
Golden AI edited on 22 May, 2020 8:43 pm
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Golden AI"Funding autocalculation"
Golden AI edited on 22 May, 2020 8:39 pm
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Total funding amount (USD)
12,000,000
Total funding amount (USD)
34,000,000
Golden AI
Golden AI edited on 22 May, 2020 8:39 pm
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Golden AI"Funding autocalculation"
Golden AI edited on 22 May, 2020 8:35 pm
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Total funding amount (USD)
12,000,000
Golden AI
Golden AI edited on 22 May, 2020 8:35 pm
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Aleksander Holm
Aleksander Holm edited on 22 May, 2020 8:30 pm
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Email address
help@coverfox.com
Founded date
2013
Full address
Unit B2-601, Boomerang, Chandivali Farm Road, Near Chandivali Studio, Andheri East, Mumbai - 400072
Phone number
1800 209 9970
Edits on 25 February, 2020
Aime Anne Nisay
Aime Anne Nisay approved a suggestion from Golden's AI on 25 February, 2020 1:10 pm
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On April 24, 2015 CoverFox completed their series B funding round with $12 million in funding from SAIF PartnersSAIF Partners (lead investor), Accel (lead investor), and NuVentures.

Edits on 23 February, 2020
Henry Ogolla
Henry Ogolla approved a suggestion from Golden's AI on 23 February, 2020 6:27 pm
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On June 12, 2017 CoverFox completed their series C funding round with $22 million in funding from Transamerica VenturesTransamerica Ventures (lead investor), IFC (lead investor), SAIF Partners, N.R. Narayana Murthy, and Catamaran Ventures.

Henry Ogolla
Henry Ogolla approved a suggestion from Golden's AI on 23 February, 2020 6:11 pm
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On April 24, 2015 CoverFox completed their series B funding round with $12 million in funding from SAIF Partners (lead investor), AccelAccel (lead investor), and NuVentures.

Golden AI"Adding location topic from lookup India"
Golden AI edited on 23 February, 2020 8:40 am
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Edits on 22 May, 2019
Dawson Sewell
Dawson Sewell edited on 22 May, 2019 12:32 pm
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Dawson Sewell
Dawson Sewell edited on 22 May, 2019 12:31 pm
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Company Status
Active
Dawson Sewell
Dawson Sewell edited on 22 May, 2019 12:29 pm
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Coverfox CoverFox

An insurance technology company offering an online platform for managing insurance policies.

Article

CoverFox is an insurance technology company offering an online platform for managing insurance policies that is headquartered in Mumbai, Maharashtra, India and was founded in 2013 by Devendra Rane and Varun Dua.

...

Funding

Series B

On April 24, 2015 CoverFox completed their series B funding round with $12 million in funding from SAIF Partners (lead investor), Accel (lead investor), and NuVentures.

Series C

On June 12, 2017 CoverFox completed their series C funding round with $22 million in funding from Transamerica Ventures (lead investor), IFC (lead investor), SAIF Partners, N.R. Narayana Murthy, and Catamaran Ventures.

Documentaries, videos and podcasts

Title
Date
Link

Coverfox Insurance | Taapsee Pannu | Cover Karo, Kaam Aayega

July 10, 2018

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Edits on 17 May, 2019
Julius John Villarisco"Approved suggestion from source: http://www.coverfox.com"
Julius John Villarisco approved a suggestion from Golden's AI on 17 May, 2019 2:23 am
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Edits on 16 May, 2019
Julius John Villarisco"Approved suggestion from source: http://www.coverfox.com"
Julius John Villarisco approved a suggestion from Golden's AI on 16 May, 2019 11:56 pm
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