Upcover
PrivateLast Round
Debt
Feb 10, 2025
Est. Valuation
$45M
Total Funding Raised
$24.6M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Upcover operates in FinTech and is based in Sydney. Its latest recorded funding round was a Debt round in February 2025.
Upcover is an insurtech company that provides a digital-first commercial insurance platform for small businesses, startups, and freelancers.
Sector
FinTech
Verticals
InsurTech, Compliance & Risk, Workflow Automation
Business Model
B2B
Customer Profile
Marketplace Commission, Usage-Based SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Upcover Comparables
Compare Upcover with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| BizCover | 91% | |
| Coverhero | 81% | |
| Coterie Insurance | 76% |
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Upcover Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Feb 10, 2025 | ||||
| Series A | Feb 10, 2025 | ||||
| Debt | Jul 6, 2022 | ||||
| Seed | Jul 6, 2022 | ||||
| Pre Seed | May 1, 2020 |
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Key People
Founding team and executive leadership
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Upcover Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Gandel Invest | Debt, Series A |
| Marshall Investments | Debt |
| BetterLabs | Debt, Series A, Seed |
| Antler | Debt, Pre Seed, Series A, Seed |
| RealVC | Debt, Series A |
| MoreThan Capital | Debt |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 20, 2026
Monthly visitors grew 119% MoM, reaching 29K.
- Apr 1, 2026
Trusted by over 70,000 businesses.
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Upcover Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Upcover's valuation, stock price, and market status.
Is Upcover a public or private company?
Upcover is a private company.
What is the current stock price of Upcover?
Upcover is a private company, so its shares have no public market price. Caplight tracks Upcover's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Upcover worth (valuation)?
Upcover's valuation is estimated at $45.0M based on funding round data.
Can I buy Upcover stock?
Upcover shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Upcover's last funding round?
Upcover's most recent funding round was Debt on February 10, 2025.
Who are the main investors in Upcover?
Key investors in Upcover include BetterLabs, Antler, RealVC.
Will Upcover IPO soon?
No public IPO plans have been announced for Upcover.
How can I track Upcover secondary market activity?
Caplight tracks bids, offers, and trades in Upcover's shares on secondary markets.