# Cover (insurance) funding: rounds and investors > Cover (insurance) has raised $27M across 2 rounds since 2017. Investors include Social Capital, Arjun Sethi and Y Combinator. Every round with its source. Source: https://millionrounds.com/company/cover-insurance (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Cover (insurance)* 2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Insurtech Internet Y Combinator: W16 Follow Cover (insurance) and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fcover-insurance) Funding summary Updated 7 Nov 2026 **$27M** raised across 2 rounds since 2017, from 2 sources **$11M** Seed **$16M** Series B - **Latest round:** Series B, $16M Oct 2018 - **Led by:** Arjun Sethi - **Step-up i:** 1.5× - **Investors:** 6 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2018 **$11M** Seed **$16M** Series B - **First round:** Seed, $11M - **Biggest round:** $16M - **Between rounds:** 15 months ## The rounds - **Oct 2018** Series B **$16M** *5 new* *1 returning* [Arjun Sethi](https://millionrounds.com/fund/arjun-sethi) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Social Capital](https://millionrounds.com/fund/social-capital) [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Samsung](https://millionrounds.com/fund/samsung) [Exor](https://millionrounds.com/fund/exor) Reported by TechCrunch - **Jul 2017** Seed **$11M** *1 new* [Social Capital](https://millionrounds.com/fund/social-capital) Reported by FinSMEs ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2017 **Series B** 2018 [Social Capital](https://millionrounds.com/fund/social-capital) [Arjun Sethi](https://millionrounds.com/fund/arjun-sethi) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Samsung](https://millionrounds.com/fund/samsung) [Exor](https://millionrounds.com/fund/exor) ## Everyone who backed them [Social Capital](https://millionrounds.com/fund/social-capital) VC firm **2** rounds [Arjun Sethi](https://millionrounds.com/fund/arjun-sethi) VC firm **1** round, led 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Tribe Capital](https://millionrounds.com/fund/tribe-capital) VC firm **1** round [Samsung](https://millionrounds.com/fund/samsung) VC firm **1** round [Exor](https://millionrounds.com/fund/exor) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cover-insurance). ## Quick answers about Cover (insurance) ### Who invested in Cover (insurance)? Cover (insurance)'s investors include Social Capital, Arjun Sethi, Y Combinator, Tribe Capital and Samsung, and 1 more on record. Arjun Sethi led its latest round. ### How much has Cover (insurance) raised? Cover (insurance) has raised $27M across 2 rounds since 2017. ### When did Cover (insurance) last raise? Cover (insurance)'s most recent round was a Series B of $16M in Oct 2018, led by Arjun Sethi. ### What was Cover (insurance)'s biggest round? Its most recent round, $16M in Oct 2018, is also its largest on record. ### Who backed Cover (insurance) first? Cover (insurance)'s first round on record, in Jul 2017, was backed by Social Capital. ### What stage is Cover (insurance) at? Cover (insurance)'s latest named round is a Series B, in Oct 2018. ### Where is Cover (insurance) based? Cover (insurance) is based in the United States. ### Who led Cover (insurance)'s rounds? Arjun Sethi led the Series B in 2018. ## Companies like Cover (insurance) In the same sector, and raised in the last eighteen months. [**Synctera** $40M · Nov 2026](https://millionrounds.com/company/synctera)[**Cowboy** $21M · Nov 2026](https://millionrounds.com/company/cowboy)[**Uranium Digital** $23M · Nov 2026](https://millionrounds.com/company/uranium-digital)[**Finpilot** $14M · Nov 2026](https://millionrounds.com/company/finpilot)[**Billd** $160M · Nov 2026](https://millionrounds.com/company/billd)[**Kalepa** $89M · Nov 2026](https://millionrounds.com/company/kalepa) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app