Overview
News
Salaries
Products
People
Growth
Offices
Financials

Funding and backers

Total raised
$502.6M
7 rounds on record
Latest round
$44M
Venture round · Oct 2024 · 23 mo ago
Team
251
US Form 5500 (plan participants) · Dec 2024
Backers
5
500 Global, American Family Ventures
The money's age
Due for its next round
23 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Oct 25, 2024 Raised a round Venture round $44M · SEC Form D Mar 28, 2024 Raised a round Venture round $55M · SEC Form D Mar 22, 2024 Launched Clearcover Launches Generative AI Tool Aimed at Expediting Claims Processing · Claims Journal Aug 23, 2023 Launched Clearcover rolls out embedded car insurance solution, Choice · InsurTech Digital Nov 10, 2022 Raised a round Venture round $153M · SEC Form D Aug 17, 2022 Recognition Insurtech Clearcover ranks 151 on the annual Inc 5000 List · InsurTech Digital Apr 6, 2021 Raised a round Venture round $198.9M · SEC Form D Oct 22, 2020 Launched Clearcover unveils AI-powered claims management platform · Business Insider Jan 22, 2019 Raised a round Venture round $43M May 18, 2017 Raised a round Venture round $6.3M · SEC Form D Nov 4, 2016 Raised a round Venture round $2.5M · SEC Form D 2016 Founded
Tractionpublic signals, read monthly
Web presence
top 0.08%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
Venture round Oct 2024 $44M — SEC Form D
Venture round Mar 2024 $55M — SEC Form D
Venture round Nov 2022 $153M — SEC Form D
Venture round Apr 2021 $198.9M — SEC Form D
Venture round Jan 2019 $43M — venturebeat.com
Venture round May 2017 $6.3M — SEC Form D
Venture round Nov 2016 $2.5M — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity Clearcover, Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Derek BrighamExecutive OfficerSEC Form D
Kyle NakatsujiExecutive Officer, DirectorSEC Form D
Norman SmagleyExecutive OfficerSEC Form D
Saumil MehtaExecutive OfficerSEC Form D
Jennifer KempExecutive OfficerSEC Form D
Jennifer CrutchfieldExecutive OfficerSEC Form D
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Overview

Clearcover is a digital car insurance carrier built around an API-first architecture. Its low overhead model routes much of the customer journey through partner apps and self-service claims. Artificial intelligence handles a large portion of claim decisions automatically.

News

News Insurance Journal 1 year ago
Clearcover Expands Non-Standard Auto Coverage to Texas
Digital car insurer Clearcover announced the launch of Clearcover General Agency to serve the non-standard auto insurance market in Texas. Policies will
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Report
News BI Strategy 2 years ago
Clearcover Car Insurance Review - Expert Review of Coverage, Costs, and Customer Feedback
Our in-depth review of Clearcover car insurance discusses coverage options, premiums, and how to file a claim. See how it compares to other insurers.
Read more
Report
News InsurTech Digital 2 years ago
Top 10: Insurtech Platforms
We highlight the Top 10 insurtech platforms that are revolutionising the insurance industry through innovative technology and customer-centric solutions
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Report
News Insurance Business 2 years ago
The Best Insurance Companies to Work for in the USA Top Insurance Employers
Recognizing the best insurance companies that empower employees through flexibility and financial prosperity
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Report
News Claims Journal 2 years ago
Clearcover Launches Generative AI Tool Aimed at Expediting Claims Processing
Clearcover launched a generative AI tool the company said is designed to further digitize statement collection, significantly streamlining the insurance
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Report
News InsurTech Digital 3 years ago
Clearcover rolls out embedded car insurance solution, Choice
Clearcover is launching a new embedded insurance solution for car insurance providers, lending brands their white-label insurance solution
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Report
Press release PRNewswire 3 years ago
Clearcover Expands Its Embedded Insurance Strategy
/PRNewswire/ -- Clearcover, a next-generation car insurance company, today announces the launch of "Choice," its embedded insurance solution that provides a...
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Report
News Insurance Business 3 years ago
5-Star Diversity, Equity, and Inclusion 2023
Honoring the 2023 IBA 5-Star Diversity, Equity, and Inclusion winners - the leading companies making the insurance industry a more equitable and considerate place
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Report
News GlobalFinTechSeries 4 years ago
Top Fintech Companies Listed on the 2022 Deloitte Technology Fast 500
The Deloitte Technology Fast 500 list is finally out. Fintech Series analysts found out the top financial technology software and services companies that were recognized in this coveted list in 2022. Most companies registered a stellar growth in the last
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Report
News InsurTech Digital 4 years ago
Insurtech Clearcover ranks 151 on the annual Inc 5000 List
Auto insurtech and startup Clearcover has ranked at number 151 on the 5000 List detailing the fastest growing companies in the US
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Report
Show more news

People

Derek Brigham
Executive Officer
Kyle Nakatsuji
Executive Officer, Director
Norman Smagley
Executive Officer
Saumil Mehta
Executive Officer
Jennifer Kemp
Executive Officer
Jennifer Crutchfield
Executive Officer
Peter Gunder
Director
Victor Pascucci III
Director
William Boice
Director
Michael Yang
Director
Daniel Reed
Director
Cynthia Hardy
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Chicago United States
HQ
200-500 est. staff

Financials

Total raised
$502.6M
Latest round
Venture - Series Unknown
Funding rounds
7
Funding rounds
Round Announced Amount
Venture - Series Unknown 2024 $44M Details
Venture - Series Unknown 2024 $55M Details
Venture - Series Unknown 2022 $153M Details
Venture - Series Unknown 2021 $198.9M Details
Venture - Series Unknown 2019 $43M Details
Venture - Series Unknown 2017 $6.3M Details
Venture - Series Unknown 2016 $2.5M Details