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Covr Financial Technologies

Founded Year



Series B - II | Alive

Total Raised


Last Raised

$15M | 1 yr ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+20 points in the past 30 days

About Covr Financial Technologies

Covr Financial Technologies is a digital life insurance company that aims to make it easier to research, quote, and purchase life insurance. The company was founded in 2016 and is based in Hartford, Connecticut.

Headquarters Location

1 American Row Suite 5

Hartford, Connecticut, 06103,

United States


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Covr Financial Technologies's Products & Differentiators

    Covr Pro


Research containing Covr Financial Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Covr Financial Technologies in 2 CB Insights research briefs, most recently on Jul 29, 2020.

Expert Collections containing Covr Financial Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Covr Financial Technologies is included in 4 Expert Collections, including Credit Union Tech.


Credit Union Tech

66 items



379 items

Startups providing solutions to banks to automate processes and operations.



2,695 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience



7,756 items

US-based companies

Latest Covr Financial Technologies News

16:42 ET Michael Kalen Joins Board of Trustees of the Connecticut Science Center

Feb 6, 2023

News provided by Share this article Covr's CEO Shares Innovation Vision with Largest Innovation Center in Connecticut HARTFORD, Conn., Feb. 6, 2023 /PRNewswire/ -- The Connecticut Science Center announced the addition of six new trustees to their Board, including Covr's CEO Michael Kalen. The Connecticut Science Center is the largest and most expansive effort in Connecticut to support science and innovation and is dedicated to lifelong learning and changing the world through science. Their location in Hartford, Connecticut is a leading presence for science and innovation attracting more than 200,000 visitors per year and has more than 165 exhibits. Matt Fleury, President & CEO of the Connecticut Science Center, said "Mike's exceptional leadership and guidance will assure that the Science Center is a strong and vibrant pillar of Connecticut that inspires a knowledge-based society and the science- and technology-ready talent of the future." "The Science Center has been a shining star for 13 years, providing an innovative experience for our community and I'm excited to be part of their future," said Michael. "Covr is proud to be affiliated with the efforts of Matt and the Connecticut Science Center team and shares their vision for innovation and commitment to the Hartford community." About Covr Financial Technologies Covr partners with financial brands to provide life insurance solutions to their customers in an efficient, easy way that streamlines the process of selling and buying policies. Covr offers a choice of trusted life insurance products from leading insurance carriers, an easy way to compare rates, and the ability to purchase policies within minutes. Through its digital insurance solutions, Covr helps financial institutions deliver a great experience under the brand their customers already trust. Covr currently serves over 25,000 financial advisors and over 40 million customers across over 30 financial institutions. More information is available at  or follow Covr at  @covrtech  and on  LinkedIn . SOURCE Covr Financial Technologies

Covr Financial Technologies Frequently Asked Questions (FAQ)

  • When was Covr Financial Technologies founded?

    Covr Financial Technologies was founded in 2016.

  • Where is Covr Financial Technologies's headquarters?

    Covr Financial Technologies's headquarters is located at 1 American Row, Hartford.

  • What is Covr Financial Technologies's latest funding round?

    Covr Financial Technologies's latest funding round is Series B - II.

  • How much did Covr Financial Technologies raise?

    Covr Financial Technologies raised a total of $51.5M.

  • Who are the investors of Covr Financial Technologies?

    Investors of Covr Financial Technologies include Contour Venture Partners, Commerce Ventures, Connecticut Innovations, Fairview Capital Partners, Allianz Life Ventures and 11 more.

  • Who are Covr Financial Technologies's competitors?

    Competitors of Covr Financial Technologies include Autobooks and 5 more.

  • What products does Covr Financial Technologies offer?

    Covr Financial Technologies's products include Covr Pro.

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