# CoverWallet funding: rounds and investors

> CoverWallet has raised $26M across 2 rounds since 2016. Investors include Index Ventures, Union Square Ventures and Two Sigma. Every round with its source.

Source: https://millionrounds.com/company/coverwallet (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *CoverWallet*

2 rounds we have observed, with the 5 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

Funding summary Updated 26 Oct 2026

**$26M** raised across 2 rounds since 2016, from 2 sources

**$7.8M** Series A **$19M** Series B

- **Latest round:** Series B, $19M Oct 2017
- **Step-up i:** 2.4×
- **Investors:** 5

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.

2017

**$7.8M** Series A

**$19M** Series B

- **First round:** Series A, $7.8M
- **Biggest round:** $19M
- **Between rounds:** 11 months

## The rounds

- **Oct 2017** Series B **$19M** *4 new* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Two Sigma](https://millionrounds.com/fund/two-sigma) CV Starr Foundation Capital/ Union Square Reported by FinSMEs SEC filing: $18M sold, first sale Sept 2017
- **Nov 2016** Series A **$7.8M** *1 new* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Inaki Berenguer** Executive Officer, Director i

On the board, as filed i *Charles Moldow* *John Buttrick*

## 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.

**Series A** 2016 **Series B** 2017 [Index Ventures](https://millionrounds.com/fund/index-ventures) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Two Sigma](https://millionrounds.com/fund/two-sigma) CV Starr Foundation Capital/ Union Square

## Everyone who backed them

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **1** round

[Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **1** round

[Two Sigma](https://millionrounds.com/fund/two-sigma) VC firm **1** round

CV Starr no record of our own yet **1** round

Foundation Capital/ Union Square no record of our own yet **1** round

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

## Also claim to have backed them

This firm lists CoverWallet as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Kibo Ventures](https://millionrounds.com/fund/kibo-ventures) VC firm Per its own site

## Quick answers about CoverWallet

### Who invested in CoverWallet?

CoverWallet's investors include Index Ventures, Union Square Ventures, Two Sigma, CV Starr and Foundation Capital/ Union Square.

### How much has CoverWallet raised?

CoverWallet has raised $26M across 2 rounds since 2016.

### When did CoverWallet last raise?

CoverWallet's most recent round was a Series B of $19M in Oct 2017.

### What was CoverWallet's biggest round?

Its most recent round, $19M in Oct 2017, is also its largest on record.

### Who backed CoverWallet first?

CoverWallet's first round on record, in Nov 2016, was backed by Union Square Ventures.

### What stage is CoverWallet at?

CoverWallet's latest named round is a Series B, in Oct 2017.

### Where is CoverWallet based?

CoverWallet is based in the United States.

## Companies like CoverWallet

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

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)

## 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
