CoverGo Raises $6M Series B1

CoverGo, an insurtech company providing AI-native technology for the insurance industry, has raised $6 million in an initial close of its Series B1 funding round. This latest investment brings the company's total funding to more than $30 million as it continues to support its international expansion.

Investors

This funding round was led by Betatron Venture Group, a firm focused on B2B technology businesses. Additional participants included new and existing investors.

CoverGo Use of Funds

The company plans to use the capital to support the development of its AI-native insurance platform and expand its international sales operations. The funding will specifically facilitate further development of AI agent capabilities, assist with core system modernization, and enhance automated workflows across distribution, policy servicing, and claims.

About CoverGo

Founded in 2017, CoverGo is led by founder and CEO Tomas Holub. The company provides an AI-native operating system for health, life, and property and casualty insurance. Their platform helps institutional insurers digitize operations, replace legacy core systems, and automate complex processes across the insurance value chain.

Funding Details

Company Website: https://covergo.com

Company: CoverGo
Raised: $6M
Round: Series B1
Funding Date: October 29, 2026
Lead Investor: Betatron Venture Group
Company Website: https://covergo.com
Software Category: Insurtech
Source: https://beinsure.com/news/covergo-raises-6mn-in-series-b1/