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Covr
Covr Financial Technologies is a financial services company headquartered in Hartford, Connecticut, that combines enterprise digital insurance distribution, compliance infrastructure, and AI-driven planning tools.
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Covr at a glance
Covr is an insurance technology company headquartered in United States. It has raised at least $12.5M across the 2 funding rounds on record. Its most recent funding round, Series A, raised $2.5M in June 2025. Xcout tracks 11 named people at Covr, including Mike Kalen (CEO).
Covr leadership
- Mike KalenCEO
- Sam BarnettChief Executive Officer
- Alicia NoyesChief Financial Officer
- Bob KleinChief Distribution Officer
- Kristin SchornChief of Staff
- Michael DonigerChief Innovation and Technology Officer
5 more named people on record for Covr, with roles, board committees and tenure — see the full roster →
Covr funding rounds
At least $12.5M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $2.5M | 5 named | |
| Series A | $10M | 5 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Investors
Covr competitors
A few of Covr's closest competitors — see the full list of competitors and alternatives →
Convr is a privately held company founded in 2016 and headquartered in Schaumburg, Illinois. It provides an AI-powered commercial insurance underwriting workbench that helps insurers automate submission intake, structure data, and generate insights.
CoverGo is an insurtech company that provides a flexible, modular AI insurance platform to automate workflows for distribution, policy servicing, and claims. It is headquartered in Singapore.
Layr is an insurance technology (insurtech) company based in Atlanta, Georgia, that provides automation software to help insurance brokers and agents efficiently deliver commercial insurance coverage to small businesses.
Qover is a company founded in 2016 and headquartered in Brussels, Belgium. It provides a platform-as-a-service that orchestrates seamless digital insurance experiences across Europe, connecting products, countries, and insurers.
Corvus Insurance is an insurtech that provides commercial cyber insurance, using data analytics and AI-driven tools to assess cyber risk and support policyholders with prevention and incident response. It serves businesses primarily through insurance brokers.
COVU, Inc. provides back-office service operations, automation platforms, and scaling tools for property and casualty insurance agencies. The company enables independent insurance agents to offload administrative tasks and streamline client service workflows. It is operated by insurance industry veterans aiming to modernize agency operations.
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More on Covr in Xcout Intel
- 11 named people with titles, LinkedIn and board committees
- 2 funding rounds with the investors in each, and who they co-invest with
- The full competitor set, tracking, exports and API access