Insurtech Qover lands $30m Series C funding round, Monzo partnership
Qover says it wants to use the new cash to accelerate its growth and profitability.
Qover, an embedded insurance scale up, has raised a $30m Series C round of funding.
Alven, Anthemis, Kreos Capital and Zurich Global Ventures took part in the funding round.
"We are thrilled to announce the completion of our Series C up-round funding, which brings us one step closer to achieving our growth and profitability goals," said Quentin Colmant, CEO & Co-founder of Qover.
"Our commitment to transforming insurance experiences has been unwavering. Our ability to navigate and quickly adapt to the changing tech landscape has been instrumental in attracting top-tier clients and investors.
Qover's platform can integrate with any insurer or broker, and also has partnerships with Revolut, Qonto, IN and Monese.
Monzo became its latest customer this week to offer its premium users a new way to track and submit insurance claims within the Monzo app.