Brussels-based Qover, an insurtech startup that builds API-first insurance solutions, announced that it has secured $30M in a Series C up-round of funding.
The investment came from a diverse group of investors that also includes Alven, Anthemis, Kreos Capital and Zurich Global Ventures.
Quover says that because its platform can easily interface with any insurer or broker, it promotes fruitful partnerships with significant companies.
Businesses such as Revolut, Qonto, Monzo, ING, Monese, Fisker, Nio, Volta Trucks, Niu and Lucid have selected Qover as their embedded insurance orchestration platform.
Founded in 2016 by Jean-Charles Velge and Quentin Colmant, Qover designs, builds, and distributes digital insurance solutions globally to help fast-growing companies.
The company offers multiple types of insurance for rent guarantee, travel, rider liability, accident, and more. It features digital insurance infrastructure for offering insurance quotes and contracts through insurance API.
Users can access their own dashboard, manage portfolios, and monitor statistics.
Qover says that the money will help accelerate its growth trajectory, enable it to continue putting together innovative solutions, start even more strategic collaborations, and get it one step closer to becoming profitable.
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