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Venture Capital News: Cover Whale Announces $27.5 Million Series A

2024-05-22
NEW YORK, NY, Cover Whale Insurance Solutions, a leading insurtech, announced funding of $27.5 million in debt and equity.
Cover Whale Insurance Solutions, Inc., a leading insurtech specializing in connected insurance for commercial auto, announced funding of $27.5 million in debt and equity from investment funds managed by Morgan Stanley Expansion Capital. The funding round, which also had existing debt investors convert into the Series A preferred, will support Cover Whale's continued growth and accelerate its progress toward transforming trucking insurance and improving safety on America's roads.
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