# Cover Whale

**Source:** https://www.startuphub.ai/startups/cover-whale
**Profile type:** Startup

> Insurtech platform providing instant commercial auto insurance quotes and policies.

## About

Cover Whale is an insurtech company that provides commercial auto insurance powered by its DriveSmart risk engine. They offer fast quotes and continuous underwriting for agencies and fleets, streamlining the bind process, providing digital driver coaching, and delivering real-time insights to improve fleet safety and profitability.

## Key facts

- **Slug:** cover-whale
- **Website:** https://www.coverwhale.com/
- **Location:** New York, United States
- **Founded:** 2017-01-01
- **Operating status:** Active
- **Total funding:** $68M
- **Sectors / tags:** InsurTech, Commercial Insurance, API Platform, Underwriting Automation, Fleet Management, Risk Management, Underwriting, Data Analytics

## Frequently asked

### What does Cover Whale do?

Cover Whale is an insurtech company that provides commercial auto insurance powered by its DriveSmart risk engine. They offer fast quotes and continuous underwriting for agencies and fleets, streamlining the bind process, providing digital driver coaching, and delivering real-time insights to improve fleet safety and profitability.

### What is Cover Whale's revenue?

StartupHub estimates Cover Whale's annual revenue at $39.8M (range $18.6M to $89.8M, 32% confidence), based on comparable companies in the sector.

### What is Cover Whale's valuation?

StartupHub estimates Cover Whale's effective valuation at $243.0M (range $168.8M to $405.0M, 15% confidence), based on comparable companies in the sector.

### How much funding has Cover Whale raised?

Cover Whale has raised a total of $68M in funding. The most recent round on record is Growth Equity.

### Where is Cover Whale headquartered?

Cover Whale is headquartered in New York, United States.

### When was Cover Whale founded?

Cover Whale was founded in 2017.

### What industry does Cover Whale operate in?

Cover Whale operates in InsurTech, Commercial Insurance, API Platform, Underwriting Automation, Fleet Management, Risk Management.

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