FundedIQ
Financial Services

Clearcover: Funding, Investors & Team (Aug 2026)

We offer affordable car insurance that’s smarter, faster and puts your needs above all else, helping you make informed decisions every step of the way. We help you save money while delivering the industry’s fastest claims, easy payments, and exceptional services. Our API-first approach helps you save money while delivering the industry’s fastest claims, easy payments, and exceptional services. We make payments easy and offer convenient policy management through an award-winning mobile app. Our powerful technology, coupled with our dedicated Customer Advocate team, provides an excellent insurance experience with affordable rates. Follow along with our progress on our blog: https://blog.clearcover.com or on Twitter: @Clearcover Company Benefits & Perks at a Glance: We cover 90% employees & 75% of dependents, rumor is our plans rock! We cover 100% Vision for you and your family, seeing is believing! We cover 100% of your Dental for you and your family, we value smiles! Everyone gets options, we're in it to win it! We contribute 3% to your 401k whether you do or not Flexible work schedule and remote work options! Generous PTO and 12 Paid Holidays Our engineers have amazing superpowers, learn from the best.

clearcover.com LinkedIn Chicago, United States 251-500 employees
Auto Insurance Financial Services Insurance InsurTech
Total raised
$244M
Rounds
2
Latest
Undisclosed round
Nov 2024

Clearcover has raised $244M across 2 funding rounds on record, the most recent an undisclosed round of $44.0M announced in Nov 2024.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Clearcover Company Profile and Key Stats

Total funding raised
$244M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$44.0M in Nov 2024
Employees
251-500
reported band
Headquarters
Chicago, United States

Latest funding round on record: Nov 2024.

Clearcover Funding Rounds

Date
Round
Amount
Undisclosed round
$44.0M
Series D
$200M

Clearcover raised $200M in a Series D announced in Apr 2021.

3.6 years later, an undisclosed round of $44.0M was announced in Nov 2024.

Clearcover Founders and Leadership Team

Name
Role
Contact
Derek Brigham
Founder
Locked
Kyle Nakatsuji
CEO
Locked

Contact details for the Clearcover team: 2 of 2 have an email address on file.

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Clearcover Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Clearcover's latest round of $44.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Clearcover Funding FAQs

What does Clearcover do?

We offer affordable car insurance that’s smarter, faster and puts your needs above all else, helping you make informed decisions every step of the way. We help you save money while delivering the industry’s fastest claims, easy payments, and exceptional services. Our API-first approach helps you save money while delivering the industry’s fastest claims, easy payments, and exceptional services. We make payments easy and offer convenient policy management through an award-winning mobile app. Our powerful technology, coupled with our dedicated Customer Advocate team, provides an excellent insurance experience with affordable rates. Follow along with our progress on our blog: https://blog.clearcover.com or on Twitter: @Clearcover Company Benefits & Perks at a Glance: We cover 90% employees & 75% of dependents, rumor is our plans rock! We cover 100% Vision for you and your family, seeing is believing! We cover 100% of your Dental for you and your family, we value smiles! Everyone gets options, we're in it to win it! We contribute 3% to your 401k whether you do or not Flexible work schedule and remote work options! Generous PTO and 12 Paid Holidays Our engineers have amazing superpowers, learn from the best.

How much funding has Clearcover raised?

Clearcover has raised $244M across 2 rounds on record. The most recent is an undisclosed round of $44.0M announced in Nov 2024.

When did Clearcover last raise funding?

Clearcover's most recent funding round on record is an undisclosed round of $44.0M, announced in Nov 2024.

Who founded Clearcover?

FundedIQ lists Derek Brigham (Founder) at Clearcover.

Who is the CEO of Clearcover?

Kyle Nakatsuji is listed as CEO at Clearcover.

Where is Clearcover headquartered?

Clearcover is based in Chicago, Illinois, United States.

How many employees does Clearcover have?

Clearcover is in the 251-500 employee band.

How does Clearcover's funding compare to other Financial Services startups?

Clearcover's latest round of $44.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Clearcover Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Clearcover is left off this page rather than filled in.

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