The round was led by Eldridge, with participation from existing investors American Family Ventures, Cox Enterprises, OMERS Ventures, as well as several other new investors. Clearcover has raised $329 million in total funding to date. This recent round of funding positions Clearcover as the company to watch in an industry that continues to experience accelerated digital transformation.

Clearcover is the smarter car insurance choice, offering better coverage for less money. Clearcover's customer-first, service-focused model powered by advanced technology delivers a convenient, reliable and affordable experience. Built for today's driver, Clearcover takes the guesswork out of car insurance, making it easy to save money and get insured in minutes.