# AuditCover: Insurance, Sydney, Australia

> AuditCover: AuditCover is a Sydney-based insurtech company that specializes in fully digitized tax audit insurance. Based in Sydney, Australia. Founded 2021.

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

Australia · [Insurance startup](https://millionrounds.com/companies)

# AuditCover

AuditCover is a Sydney-based insurtech company that specializes in fully digitized tax audit insurance.

Funding reported Last round: Seed

Insurance Sydney, Australia

Company summary

- **Founded:** 2021 5 years old
- **Team:** 12 11 to 50 people
- **Funding reported:** 3.4M as listed, currency not stated
- **Last round:** Seed Sept 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for AuditCover has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About AuditCover

AuditCover is a Sydney-based insurtech company that specializes in fully digitized tax audit insurance.

Founded in 2020, the company protects individuals and businesses from professional fees incurred during audits by statutory authorities, such as the Australian Tax Office. As an insurance underwriting agency, AuditCover operates under Australian Financial Services licence 535509 and issues policies on behalf of HDI Global Specialty SE. The core offering of AuditCover is tax audit insurance, which covers professional fees arising from audits or investigations. The platform automates the entire insurance lifecycle, including quoting, binding, renewing, and claims, all through a seamless online facility. Policies are designed to cover taxpayers directly, reducing administrative work for accountants, and can be customized based on risk data for fairer pricing. AuditCover serves a diverse clientele, including individuals, businesses, accounting firms, and self-managed super funds, positioning itself as a B2B2C solution that helps accountants protect their clients and their own business assets from audit-related costs.

## What company datasets say AuditCover raised

Funding, as reported

Reported in all **3.4M** in the source's currency

Rounds **1**

Last round **Seed**

Last round date **Sept 2023**

Investors listed **1**

## On a portfolio page

Investors who name them

- [Flying Fox Ventures](https://millionrounds.com/fund/flying-fox-ventures)

Each firm lists AuditCover on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

renewals automation tax audit insurance tax audit risk management tools policy customization digital insurance solutions insurance for small business tax audit risk management secure platform industry-backed automated onboarding digital insurtech claims processing tax audit insurance for accountants client communication automation tax compliance practice growth tools

Built with from their website

Yoast SEO Google Tag Manager Microsoft SQL Server Reporting Services Google Identity Services APIs Amazon CloudFront Priority Hints React Hotjar CAPTCHA Google Font API

+8 more

JavaScript WordPress.org HSTS imagesLoaded Nginx Google Cloud reCAPTCHA Enterprise TypeScript AWS Cloud

- **Sector:** Insurance
- **Industry code:** NAICS 52421, 541512, SIC 6361, 6411, 7371
- **Region:** New South Wales

## Insurance in Australia

Startups like it

- [**upcover** Sydney · founded 2019 *Raised*](https://millionrounds.com/company/upcover)
- [**Honey Insurance** The Rocks · founded 2020](https://millionrounds.com/startup/honey-insurance)
- [**Open** Sydney · founded 2016](https://millionrounds.com/startup/open-3)
- [**Integrity Life** Sydney · founded 2018](https://millionrounds.com/startup/integrity-life)
- [**Huddle** Sydney · founded 2016](https://millionrounds.com/startup/huddle-10)
- [**Opus Medical** Eveleigh · founded 1999](https://millionrounds.com/startup/opus-medical-2)
- [**Boundlss** Perth · founded 2013](https://millionrounds.com/startup/boundlss)
- [**Potiki** Sydney · founded 2022](https://millionrounds.com/startup/potiki)

## Is this your company?

Add your raise, your deck and your story, and put AuditCover in front of investors. Or tell us what we have wrong.

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