About
WithCoverage was founded in 2024 in New York and combines AI with insurance and legal experts to help startups identify risks and optimize their insurance coverage, serving as an alternative to traditional insurance brokers.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Funding history
- 2026-01Series B$42M
Investors · Khosla Ventures, 8VC, Sequoia Capital, Crystal Venture Partners, Vsquared VenturesSource · SVTR Weekly #140
- Seed
Investors · 8VC, SuperAngel.FundSource · pitchbook.com ↗
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- WithCoverage
AI combined with insurance and legal experts for startup risk identification and insurance optimization (replacing traditional insurance brokers)
Series B · $51M · 2026-01
$51M
United States
BusinessLatest roundTotal raisedDate- Novella
AI agents automating underwriting analysis, policy processing, renewals, inspections and wholesale brokerage for complex commercial risks
Undisclosed · $21M · 2026-05
$21M - Onshore
Uses AI to automate corporate tax credit and incentive filings, replacing manual CPA workflows
Series B · $62M · 2026-02
$62M - Comulate
Automates accounting for insurance brokers, such as carrier statement processing, reconciliation and revenue forecasting
Series B · $20M · 2025-02
$20M
Europe
BusinessLatest roundTotal raisedDate- Ceto
AI tools that help marine insurers assess risk exposure, monitor cargo condition and optimize underwriting decisions
Undisclosed · $5M · 2025-05
$5M - Afori
AI platform automating back-office processes for insurance brokers
Pre-Seed · $5M · 2025-10
$5M - Aptus.ai
Converts legal documents into interactive, machine-readable formats for compliance and risk management at banks and insurers
Undisclosed · $3M · 2023-12
$3M
Other / unspecified
BusinessLatest roundTotal raisedDate- Kaleidofin
Goal-based savings, insurance and credit products, using AI-driven credit assessment to serve the unbanked
Undisclosed · $14M · 2024-09
$14M - Panax
Treasury operations automation with cash flow visibility, risk management and liquidity optimization tools for financial control
Series A · $10M · 2024-05
$10M
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Y Combinator
47 Fintech deals in the last 24 months · 25 at a nearby stage · 44 in NYC Metro
Request intro →Andreessen Horowitz
31 Fintech deals in the last 24 months · 12 at a nearby stage · 28 in NYC Metro
Request intro →General Catalyst
26 Fintech deals in the last 24 months · 13 at a nearby stage · 20 in NYC Metro
Request intro →Lightspeed
18 Fintech deals in the last 24 months · 11 at a nearby stage · 15 in NYC Metro
Request intro →Index Ventures
15 Fintech deals in the last 24 months · 13 at a nearby stage · 12 in NYC Metro
Request intro →Insight Partners
11 Fintech deals in the last 24 months · 9 at a nearby stage · 8 in NYC Metro
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.