upcover: Funding, Investors & Team (Sep 2026)
upcover is focused on making insurance distribution easier by using universal quote and bind APIs and a platform that allows trusted brands and marketplaces to easily provide affordable business insurance to their SME customers and contractors.
upcover has raised $13.7M across 2 funding rounds on record, the most recent a Series A of $11.0M announced in Feb 2025.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
upcover Company Profile and Key Stats
Latest funding round on record: Feb 2025.
upcover Funding Rounds
upcover raised $2.7M in a Seed announced in Jul 2022.
2.6 years later, a Series A of $11.0M was announced in Feb 2025.
upcover Founders and Leadership Team
Contact details for the upcover team: 1 of 1 has an email address on file.
Start 14-day free trial →upcover Funding Compared to Other Financial Services Startups
upcover's latest round of $11.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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upcover Funding FAQs
What does upcover do?
upcover is focused on making insurance distribution easier by using universal quote and bind APIs and a platform that allows trusted brands and marketplaces to easily provide affordable business insurance to their SME customers and contractors.
How much funding has upcover raised?
upcover has raised $13.7M across 2 rounds on record. The most recent is a Series A of $11.0M announced in Feb 2025.
When did upcover last raise funding?
upcover's most recent funding round on record is a Series A of $11.0M, announced in Feb 2025.
Who founded upcover?
FundedIQ lists Skye Theodorou (Founder) at upcover.
Where is upcover headquartered?
upcover is based in Sydney, New South Wales, Australia.
How many employees does upcover have?
upcover is in the 11-50 employee band.
How does upcover's funding compare to other Financial Services startups?
upcover's latest round of $11.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's upcover 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 upcover is left off this page rather than filled in.
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