Cover Genius secures A$100mn in Series C funding round
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Cover Genius secures A$100mn in Series C funding round

US Currency: Wads of US bills fastened with rubber bands, close-up

InsurTech Cover Genius has secured A$100mn ($72.5mn) through a Series C funding round led by Sompo Asia, which invested around A$68mn.

The round also attracted participations from G Squared, as well as other existing investors in the company.

Cover Genius’s latest funding round comes after the business tripled its gross written premium (GWP) in the past six months as it signed...

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