Our ambition is to combine our passions for improving safety with industry-leading expertise in data science, along with industry-leading practices in AI/ML/FL to not only identify good drivers but to actually make our drivers and the roads they travel safer.
We realize that the commercial trucking industry is the backbone of the American supply chain; here at Cover Whale, our goal is to drive progress in the trucking industry by providing innovative, dynamic insurance solutions that open new horizons of possibilities to drivers, fleet owners, and everyone in between.
By leveraging technological efficiencies, continuous underwriting, and AI-based
telematics, we harness the power of technology to bring the best over to small trucking fleets. We make this often difficult process user-friendly by streamlining everything.
What separates Cover Whale from our competitors is our underwriting process. We work quickly and efficiently. Using technology to identify good drivers, we are able to offer lower prices to a subset of individuals who value safety and focus.
And the best part is that we are making the roads a safer place with every truck we insure!
We realize that the commercial trucking industry is the backbone of the American supply chain; here at Cover Whale, our goal is to drive progress in the trucking industry by providing innovative, dynamic insurance solutions that open new horizons of possibilities to drivers, fleet owners, and everyone in between.
By leveraging technological efficiencies, continuous underwriting, and AI-based
telematics, we harness the power of technology to bring the best over to small trucking fleets. We make this often difficult process user-friendly by streamlining everything.
What separates Cover Whale from our competitors is our underwriting process. We work quickly and efficiently. Using technology to identify good drivers, we are able to offer lower prices to a subset of individuals who value safety and focus.
And the best part is that we are making the roads a safer place with every truck we insure!
Location: United States, New York
Employees: 51-200
Total raised: $43M
Founded date: 2019
Funding Rounds 2
| Date | Series | Amount | Investors |
| 22.05.2024 | - | $27.5M | - |
| 05.10.2021 | Seed | $15.5M | - |
Mentions in press and media 13
| Date | Title | Description |
| 23.05.2024 | Cover Whale Makes a Big Splash in the Insurtech Industry with $27.5 Million Investment | Cover Whale Insurance Solutions, a dynamic insurtech company based in New York City, has recently made headlines by securing a substantial $27.5 million investment from Morgan Stanley Expansion Capital. This significant influx of capital is... |
| 22.05.2024 | Cover Whale Receives $27.5 Investment From Morgan Stanley Expansion Capital | Cover Whale Insurance Solutions, a NYC-based insurtech company specializing in connected insurance for commercial auto, raised $27.5M in debt and equity from investment funds managed by Morgan Stanley Expansion Capital. The company intends ... |
| 22.05.2024 | Cover Whale raises $27.5 million | Trucking insurance startup Cover Whale Cover Whale Founded: 2019 Headquarters: New York, New York, United States Total Funding: $15.5M See full company profile "> announced funding of $27.5 million in debt and equity from investment... |
| 03.04.2024 | Insurtech Cover Whale Extends Auto Liability Insurance Coverage in Additional US States | Cover Whale Insurance Solutions, Inc., an Insurtech specializing in connected insurance for commercial auto insurance, continues its expansion across the United States, announcing the availability of its auto liability coverage for truckers... |
| 06.10.2021 | Facebook’s outage becomes a boon for other social media startups | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. What is one man’s loss is another man’s gain. Paid Content Why pay equity is core to Capital One'... |
| 06.10.2021 | Facebook’s outage becomes a boon for other social media startups | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. What is one man’s loss is another man’s gain. Paid Content PwC is teaching businesses the power o... |
| 05.10.2021 | Insurtech Cover Whale Announces $15.5 Million Seed Funding | NEW YORK, Oct. 5, 2021 /PRNewswire/ -- Cover Whale Insurance Solutions, Inc. ("Cover Whale"), an Insurtech MGA focused on disrupting the commercial auto space, announced the completion of a $15.5 million fundraising led by investo... |
| 05.10.2021 | Cover Whale raises $15.5 million | Cover Whale, the “insurtech MGA focused on disrupting the commercial auto space,” announced the completion of a $15.5 million fundraising led by Ambac Financial Group and TigerRisk Partners’ Applied Financial Technologies subsidiary. Founde... |
| 20.09.2021 | Cover Whale Partners with Everspan on Commercial Trucking Program | NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Cover Whale Insurance Solutions, Inc., an Insurtech focused on the commercial auto space, announces its partnership with Everspan Indemnity Insurance Company ("Everspan"), an excess and sur... |
| 20.09.2021 | Ambac Financial : Cover Whale Partners with Everspan on Commercial Trucking Program | NEW YORK, Sept. 20, 2021 /PRNewswire/ -- Cover Whale Insurance Solutions, Inc., an Insurtech focused on the commercial auto space, announces its partnership with Everspan Indemnity Insurance Company ("Everspan"), an excess and sur... |
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