Coverdash Secures $13.5m in Series A to Enhance Embedded Insurance

Coverdash, a pioneering InsurTech firm focused on startups and small and medium-sized businesses (SMBs), has successfully raised $13.5m in Series A funding.

This significant milestone follows an oversubscribed Seed round, elevating the company’s total investment to $16m. The round was spearheaded by Nyca Partners, with participation from previous investors such as Bling Capital, AXIS Digital Ventures, Tokio Marine Future Fund, Expansion VC, Cameron Ventures, among others.

The fresh capital will be channelled into expanding Coverdash’s embedded partner network, growing its team, and enhancing its insurance carrier panel.