# Cover Whale funding: rounds and investors

> Cover Whale has raised $40M across 1 round since 2025. Investors include Morgan Stanley Investment Management. Every round with its source.

Source: https://millionrounds.com/company/cover-whale (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 Whale*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$40M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series B, $40M Jul 2025
- **Investors:** 1

See who backed them

## The rounds

- **Jul 2025** Series B **$40M** [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Source recorded

## Founders and team

From Cover Whale's own website: 2 founders, 8 on the team.

**Dan Abrahamsen** CEO/Co-Founder

**Kevin Abramson** President/Co-Founder

- **Bill Fahrner** Chief Underwriting Officer
- **Bryan Glenn** Chief Technology Officer
- **Gene Bebout** Chief Financial Officer
- **Ken Steinitz** Chief of Staff
- **Lennie Cohen-Solal** Chief Actuary
- **Nyles Oppenheimer** Chief Revenue Officer
- **Saira Taneja** Chief Operating Officer
- **April Squillante** VP of Human Resources

## Everyone who backed them

[Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cover-whale).

## Quick answers about Cover Whale

### Who invested in Cover Whale?

Cover Whale's investors include Morgan Stanley Investment Management.

### How much has Cover Whale raised?

Cover Whale has raised $40M across 1 round since 2025.

### When did Cover Whale last raise?

Cover Whale's most recent round was a Series B of $40M in Jul 2025.

### What was Cover Whale's biggest round?

Its most recent round, $40M in Jul 2025, is also its largest on record.

### Who backed Cover Whale first?

Cover Whale's first round on record, in Jul 2025, was backed by Morgan Stanley Investment Management.

### What stage is Cover Whale at?

Cover Whale's latest named round is a Series B, in Jul 2025.

### Where is Cover Whale based?

Cover Whale is based in the United States.

## Companies like Cover Whale

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Platform Accounting Group** $355M · Oct 2026](https://millionrounds.com/company/platform-accounting-group)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

## 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