Qover announced a $25M funding round led by Prime Ventures

France United Kingdom United States Belgium 25 April 2021

Qover, a Bruxelles, Belgium-based digital insurance company, announced the completion of a $25 million capital funding round.

The money was raised from investors led by Prime Ventures, joined by Cathay Innovation as well as existing investors Anthemis and Alven.

Qover, founded in 2016 by CEO Quentin Colmant and Jean-Charles Velge, is a tech developer within the insurance industry as it built a platform to build, launch and manage tailored non-life insurance products for specific use cases in the digital space like accident and income protection for bike deliverers.

The company has built proprietary open APIs and white-label front-ends that enable both integration and an improved customer experience, used by customers including Deliveroo, Revolut, Wolt, and Immoweb.

Qover previously raised $9 million in 2019, out of a total of $16.6M.

Total investments received (USD): 41.62M