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Announcement

Business insurance startup Upcover raises $2.7 million Seed round

July 5, 2022
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The round was backed by venture funds Antler Australia – Upcover was part of its inaugural accelerator program in 2019 – and Betterlabs, as well as a range of  industry execs including Colin Morgan, the former Zurich Insurance Global Life CEO for APAC, Patricia Priest, GM of QBE LMI (Lenders’ Mortgage Insurance), Raf Uy, CFO of global fintech Etika, and Raf Niesten, CEO of Bricks + Agent.

Cofounded by Skye Theodorou and Anish Sinha, upcover launched its API-based embedded SMB insurance platform in 2021.

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We are digitising commercial insurance and risk management for small, mid-market and technology businesses. We work with a global network of underwriters, challenging legacy brokers and delivering market leading coverage to our customers.