Clearcover

OverviewSuggest Edit

Clearcover is a smarter insurance model that puts great insurance in the places that it matters at way lower prices. The Company provides an online platform for insurance users with different products and services. Clearcover serves customers in the United States.

TypePrivate
Founded2016
HQChicago, IL, USMap
Websiteclearcover.com
Employee Ratings4.5More
Overall CultureA+More

Recent NewsAll News

Latest Updates

Employees (est.) (Jun 2021)237(+10%)
Cybersecurity ratingCMore

Key People/Management at Clearcover

Matt C

Matt C

Senior Director of Claims
Nick Shutwell

Nick Shutwell

SVP of Growth
Kyle Nakatsuji

Kyle Nakatsuji

CEO
Derek Brigham

Derek Brigham

COO
Kyle N

Kyle N

President and CEO
Elliot S

Elliot S

Chief of Staff
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Clearcover Office Locations

Clearcover has an office in Chicago
Chicago, IL, US (HQ)
33 W Monroe St #1750
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Clearcover Financials and Metrics

Summary Metrics

Founding Date

2016

Clearcover total Funding

$304.5 m

Clearcover latest funding size

$200 m

Time since last funding

2 months ago

Clearcover investors

Silicon Valley Bank, Lightbank, OMERS Ventures, American Family Ventures, Hyde Park Angels, Cox Enterprises, IA Capital Group, Eldridge
Clearcover's latest funding round in April 2021 was reported to be $200 m. In total, Clearcover has raised $304.5 m
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Clearcover Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

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Clearcover Online and Social Media Presence

Clearcover's Trends

Embed Graph

Clearcover Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    94/100

  • Diversity

    A-

    83/100

Learn more on Comparably

Clearcover News and Updates

May 19, 2021

Demotech Affirms the Financial Stability Rating® Assigned to Clearcover Insurance Company, Inc.

COLUMBUS, Ohio, May 17, 2021 /PRNewswire/ -- The Financial Stability Rating® (FSR) of A, Exceptional, assigned to Clearcover Insurance Company, Inc. has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess exceptional financial stability related to...
April 15, 2021

Insurtech Clearcover raises $200 million to further boost global funding

Summary List PlacementThe US-based auto insurtech's large Series D round is rumored to have pushed its valuation over $1 billion, per its press release. It'll use the funding to double its overall headcount and expand to 25 states by next year, up from 15 today. Clearcover's app allows drivers to b…
April 13, 2021

Clearcover Raises $200 Million in Series D Funding Round

The car insurance start-up continues impressive year of growth with largest round to date The car insurance start-up continues impressive year of growth with largest round to date
October 22, 2020

Clearcover unveils AI-powered claims management platform

Summary List PlacementThe US-based auto insurtech has launched Clear Claims, a digital claims platform that takes minutes to assess the eligibility of drivers' auto insurance claims and issue payment, per a press release seen by Insider Intelligence. Clearcover partnered with digital claims provide…
June 16, 2020

Snapsheet works with JPMorgan to provide digital payments for Clearcover claimants

Snapsheet, a pioneer in virtual claims management processing technology, today announced a strategic...
January 03, 2020

Clearcover and Lemonade tout improving margins as they scale fundraising, ARR

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a quick glance at the venture-backed insurance space. On the heels of ARR milestones set by the well-capitalized Lemonade, another startup in the space, Clearcove…
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 Clearcover Frequently Asked Questions

  • When was Clearcover founded?

    Clearcover was founded in 2016.

  • Who are Clearcover key executives?

    Clearcover's key executives are Matt C, Nick Shutwell and Kyle Nakatsuji.

  • How many employees does Clearcover have?

    Clearcover has 237 employees.

  • Who are Clearcover competitors?

    Competitors of Clearcover include Kovrr, Trustlayer and Counterpart.

  • Where is Clearcover headquarters?

    Clearcover headquarters is located at 33 W Monroe St #1750, Chicago.

  • Where are Clearcover offices?

    Clearcover has an office in Chicago.

  • How many offices does Clearcover have?

    Clearcover has 1 office.