CoverHound Lands $14,000,000 Series B Financing

  • Feed Type
  • Date
    3/9/2015
  • Company Name
    CoverHound
  • Mailing Address
    143 2nd St. 2nd Floor San Francisco, CA 94105 USA
  • Company Description
    Instant, accurate rates with easy online access, backed by personalized service when you need it. Welcome to the CoverHound Insurance.
  • Website
    http://www.coverhound.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $14,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding will support CoverHound’s carrier growth and integrations with large marketing partnerships like Google Compare, a financial research tool launching in select states in the months ahead. At its San Francisco office, CoverHound will hire additional engineers to facilitate such partnerships and to support ongoing carrier integrations. CoverHound will also hire more staff for its insurance agency operations center in Southern California. The company recently doubled its office space in Westlake Village, CA to accommodate this rapid growth.
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