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Insurtech CoverGo raises $6M in Series B1 funding led by Betatron Venture Group to expand AI insurance platform.

Oct 29, 2026

Amount Raised

$6 Million

Round Type

Series B

Financial Services

Investors

Betatron Venture Group

Description

CoverGo has raised $6 million in the initial close of its Series B1 funding round, led by Betatron Venture Group with participation from new and existing investors. The insurtech company has increased revenue tenfold since its 2022 Series A round, reached EBITDA breakeven, and serves 25 institutional clients across 15 countries. The investment will support AI-native insurance technology, core system modernization, and automated workflows across distribution, policy servicing, and claims. CoverGo's customer base includes major insurers such as AXA, Bupa, Generali, Sun Life, Prudential, Blue Cross, MSIG, and Marsh.

Quick answer

Cover Go raised $6 Million in a Series B round, dated October 29, 2026. Investors: Betatron Venture Group.

How much did Cover Go raise?
Cover Go raised $6 Million in a Series B round on October 29, 2026.
Who invested in Cover Go?
Betatron Venture Group is named as investors in this round.
What does Cover Go do?
CoverGo has developed the insurance industry's first out-of-the-box, modular, no-code insurance platform powered by over 500 open insurance APIs enabling insurance companies to transform digitally in the most flexible,..
Where is Cover Go based and how big is it?
Fundz records about 232 employees.
Who are the decision-makers at Cover Go?
Fundz holds 1 contact at Cover Go. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Cover Go that raised within 45 days of this round, from Fundz verified event records.

  • GrabrFi raised $6M (Series A) on November 13, 2026.
  • HPS Net Lease Income REIT raised an undisclosed amount on November 13, 2026.
  • Databento raised $100M (Series C) on November 12, 2026.
  • Palomma raised $10M (Series A) on November 12, 2026.
  • Addentax Group raised $1.5M (Post-IPO Equity) on November 12, 2026.
  • Griffin Bank raised $20M (Series B) on November 12, 2026.

Who to call at Cover Go, and when

A new round usually means Cover Go is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Cover Go raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Cover Go, from your own LinkedIn network

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Company Information

Company

Cover Go

About

CoverGo has developed the insurance industry's first out-of-the-box, modular, no-code insurance platform powered by over 500 open insurance APIs enabling insurance companies to transform digitally in the most flexible, scalable and cost-effective way. P&C, health and life insurance companies use CoverGo to build and launch all types of insurance products within days, develop omni-channel distribution, streamline policy admin and automate claims processes. To learn more, visit https://covergo.com.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Cover Go raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.