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Announcement

Coverager — upcover raises $19 million Series A at $45M valuation

February 10, 2025
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Global insurtech publication Coverager covers upcover's $19M Series A, led by RealVC with support from Antler Elevate, Betterlabs, and Gandel Invest, plus $8M in debt from Marshall Investments. The round values upcover at $45 million. Since its 2021 launch, upcover has partnered with 20+ global and local insurers and helped 60,000+ SMBs access business insurance.

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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.

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© 2026 upcover Pty Ltd ABN 17 628 197 437, Corporate Authorised Representative (CAR 1299211) of Experience Insurance Services Pty Ltd ABN 41 657 596 506, AFSL 539078. upcover arranges insurance products with selected insurers and underwriters. upcover does not compare all general insurers or insurance products available in the market.

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