Covr Financial Technologies: Funding, Investors & Team (Oct 2026)
About Covr Financial Technologies Founded in 2016, Covr offers a full suite of digital life insurance platforms, tools and planning services for financial institutions, including: Covr Advisor for financial advisors, Covr Consumer for offering insurance products directly to customers financial institutions and Covr Insights for inforce policy management. Covr currently serves over 24,000 financial advisors and 13 million customers across 30 financial institutions including wealth management firms, RIAs, IBDs, banks, credit unions, personal finance apps and P&C agencies. Covr’s investors include leading venture capital firms: Nyca Partners, Commerce Ventures, Allianz Life Ventures, Connectivity Capital Partners, Contour Venture Partners, Connecticut Innovations and Fairview Capital. Covr’s Advisory Board includes financial services leaders including Brian Finn, former president of Credit Suisse First Boston; Sallie Krawcheck, CEO of Elevest and formerly at Citigroup and Smith Barney; Hans Morris, managing partner, Nyca Partners, chairman of Lending Club, formerly president of Visa; Brady Dougan, former CEO of Credit Suisse; Gregg Fleming, CEO of Rockefeller Capital, Bob Kerzner, formerly CEO of LIMRA and Joe Plumeri, formerly of Smith Barney, FirstData and Willis Group.
Covr Financial Technologies has raised $15.0M across 1 funding round on record, the most recent a Series B of $15.0M announced in Apr 2022.
That round is in line with the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Covr Financial Technologies Company Profile and Key Stats
Latest funding round on record: Apr 2022.
Covr Financial Technologies Funding Rounds
Covr Financial Technologies Founders and Leadership Team
Contact details for the Covr Financial Technologies team: 1 of 1 has an email address on file.
Start 14-day free trial →Covr Financial Technologies Funding Compared to Other Financial Services Startups
Covr Financial Technologies' latest round of $15.0M is in line with the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Covr Financial Technologies Funding FAQs
What does Covr Financial Technologies do?
About Covr Financial Technologies Founded in 2016, Covr offers a full suite of digital life insurance platforms, tools and planning services for financial institutions, including: Covr Advisor for financial advisors, Covr Consumer for offering insurance products directly to customers financial institutions and Covr Insights for inforce policy management. Covr currently serves over 24,000 financial advisors and 13 million customers across 30 financial institutions including wealth management firms, RIAs, IBDs, banks, credit unions, personal finance apps and P&C agencies. Covr’s investors include leading venture capital firms: Nyca Partners, Commerce Ventures, Allianz Life Ventures, Connectivity Capital Partners, Contour Venture Partners, Connecticut Innovations and Fairview Capital. Covr’s Advisory Board includes financial services leaders including Brian Finn, former president of Credit Suisse First Boston; Sallie Krawcheck, CEO of Elevest and formerly at Citigroup and Smith Barney; Hans Morris, managing partner, Nyca Partners, chairman of Lending Club, formerly president of Visa; Brady Dougan, former CEO of Credit Suisse; Gregg Fleming, CEO of Rockefeller Capital, Bob Kerzner, formerly CEO of LIMRA and Joe Plumeri, formerly of Smith Barney, FirstData and Willis Group.
How much funding has Covr Financial Technologies raised?
Covr Financial Technologies has raised $15.0M across 1 round on record. The most recent is a Series B of $15.0M announced in Apr 2022.
When did Covr Financial Technologies last raise funding?
Covr Financial Technologies' most recent funding round on record is a Series B of $15.0M, announced in Apr 2022.
Who is the CEO of Covr Financial Technologies?
Michael Kalen is listed as CEO at Covr Financial Technologies.
Where is Covr Financial Technologies headquartered?
Covr Financial Technologies is based in Hartford, Connecticut, United States.
How many employees does Covr Financial Technologies have?
Covr Financial Technologies is in the 101-250 employee band.
How does Covr Financial Technologies' funding compare to other Financial Services startups?
Covr Financial Technologies' latest round of $15.0M is in line with the $15M median round size for Financial Services companies on FundedIQ across 5,752 tracked companies over the last two years.
About FundedIQ's Covr Financial Technologies 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 Covr Financial Technologies is left off this page rather than filled in.
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