SAN FRANCISCO, CA, Insurance startup that is redefining how people shop for and manage their insurance, today announced that it has raised a $4.5 million Series A round of funding.
CoverHound, an insurance startup that is redefining how people shop for and manage their insurance, today announced that it has raised a $4.5 million Series A round of funding. The new round, led by RRE Ventures with additional participation from Bullpen Capital and existing investor Blumberg Capital, brings the company's total funding to date to $6.5 million.
Basil Enan founded CoverHound in May of 2010 after having spent seven years in the insurance industry. Most recently, as Vice President of Business Development for InsWeb, one of the earliest pioneers in the online insurance space.
Based in San Francisco, the company also has a team of licensed insurance advisors based in Westlake Village, CA who provide personalized advice, sell insurance, and provide ongoing service over the phone.
The CoverHound team is comprised of insurance veterans from companies like InsWeb, Unitrin Direct and State Farm. A Winter 2011 AngelPad graduate, CoverHound received seed funding from Blumberg Capital in June 2011. For more information, or to try the service, please visit CoverHound.com. Companies looking for more info on CoverHound's partner tools including its insurance estimate API can reach out to email@example.com.
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