Meet Singapore's CoverGo. They're transforming the insurtech industry with their no-code solutions to help you build and launch all types of insurance in just days. Now, they've just raised a $15M Series A!

• Their annual recurring revenue has grown 10x since 2021.
• They work with major insurance companies and delivery partners globally like AXA, MSIG (MS&AD Insurance Group), Deloitte, Accenture and IBM.

Who cashed in? SemperVirens VC led the round. SixThirty, Tribeca Early Stage Partners, Fresco Capital, pan-African insurance group Old Mutual, Asia Financial Holdings, XN Worldwide Insurance and Middle East and African insurance fund Noria Capital also joined in.

• Caribou Honig, who some call the "godfather of insurtech," is GP of SemperVirens.

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💡  Why it matters

Custom software is expensive and takes ages to build. At the same time, if companies and insurtechs buy pre-built software, they can't adapt it to fast-changing customer needs and product requirements.

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😎  How it works

Instead, pick from CoverGo's products to build what you need. Launch different insurance products in days, streamline policy admin, expand to omnichannel distribution and automate claims processes.

• They have products to help insurers, brokers, insurance delivery partners, MGAs, insurtechs, banks (aka, bancassurance) and startups.
• They have over 500 insurance APIs too!

The best part? Their platforms are end-to-end, simple and customizable to whatever your business needs. Plus, you don't need any code, and you'll even save on costs.

• Everything is scalable, fast, flexible, secure and integrates seamlessly with whatever system you have.

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🌎  World domination, baby!

Especially with the new cash and investors from all over the globe, they're ready to speed up global adoption of CoverGo and transform digital insurance for insurance companies at scale.