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Founded Year



Series E | Alive

Total Raised


Last Raised

$153M | 1 yr ago

About Clearcover

Clearcover develops an online car insurance platform for providing coverage and improving automobile insurance. It also offers a quote process, allowing customers to have their automobiles insured and receive claims online. The company was founded in 2016 and is based in Chicago, Illinois.

Headquarters Location

33 West Monroe Street Suite 1750

Chicago, Illinois, 60609,

United States



Clearcover's Product Videos


ESPs containing Clearcover

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Insurance / P&C Insurance Tech

The digital auto insurance providers market leverages advanced technologies and data analytics to offer personalized and efficient auto insurance solutions. Digital auto insurance providers offer streamlined policy management through user-friendly apps and websites, making it easier for policyholders to access information, file claims, and get real-time assistance. Furthermore, these providers oft…

Clearcover named as Leader among 15 other companies, including Acko, Digit Insurance, and Zego.

Clearcover's Products & Differentiators

    Clear Claims

    offers drivers instant auto insurance claims processing and payment issuance for eligible claims faster than any other carrier


Research containing Clearcover

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Clearcover in 1 CB Insights research brief, most recently on Jul 22, 2022.

Expert Collections containing Clearcover

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Clearcover is included in 2 Expert Collections, including Insurtech.



4,113 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience



8,123 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Latest Clearcover News

Insurtechs Unite to Launch InsurTech Coalition

Nov 30, 2023

November 30, 2023 Members from several insurtechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the InsurTech Coalition, a trade organization working to shape the future of insurance. The letter states that the Coalition’s formation comes at a time when the insurance industry is experiencing change with new ideas challenging old business models as telematics and data science are altering the industry’s understanding of risk. New technologies and artificial intelligence are also changing the way customers buy insurance, according to a Coalition press release. “Big changes bring tremendous opportunities, and technology-focused insurance (insurtech) companies are at the forefront of this powerful shift in the insurance landscape,” the letter says. “Our coalition aims to foster responsible innovation while furthering the collective efforts to provide the best possible insurance experiences to our customers.” The Coalition has core tenets and commitments for members to use technology responsibly in insurance and empower modern consumers with the tools they need to protect themselves, their businesses and their families. It also aims to provide transparency in pricing and customer experience, re-imagine insurance products to manage risk efficiently, and make insurance products more available, affordable and accessible. “One of insurtech’s biggest challenges is to help shape the insurance landscape while carefully considering the interests of all stakeholders: employees, regulators, government entities, and—most importantly—customers,” the letter says. “We believe the insurtech Coalition answers this challenge.” The Coalition said in a press release that it is committed to the responsible use of technology in insurance and in assisting regulators to build frameworks for new and emerging technologies. Mayer Brown LLP is advising the insurtech Coalition. “Our agility and ability to serve the ever-changing needs of today’s customers through cutting-edge technology position this group as the voice for the future of the industry,” the letter says.

Clearcover Frequently Asked Questions (FAQ)

  • When was Clearcover founded?

    Clearcover was founded in 2016.

  • Where is Clearcover's headquarters?

    Clearcover's headquarters is located at 33 West Monroe Street, Chicago.

  • What is Clearcover's latest funding round?

    Clearcover's latest funding round is Series E.

  • How much did Clearcover raise?

    Clearcover raised a total of $460M.

  • Who are the investors of Clearcover?

    Investors of Clearcover include OMERS Ventures, Geodesic Capital, American Family Ventures, Cox Enterprises, IA Capital Group and 8 more.

  • Who are Clearcover's competitors?

    Competitors of Clearcover include Root Insurance and 2 more.

  • What products does Clearcover offer?

    Clearcover's products include Clear Claims.


Compare Clearcover to Competitors


Branch provides an insurance platform. It delivers auto insurance, renters insurance, umbrella insurance, home insurance, insurance, bundled insurance, and more. The company was founded in 2017 and is based in Columbus, Ohio.

United Services Automobile Association

United Services Automobile Association (USAA) is an insurance company. It offers various insurance services such as car, recreational vehicle (RV), boat, bicycle, health, life insurance, and more. The company also offers loans, banking, brokerage trading, automated investing, and retirement solutions. It serves the military, veterans, and their eligible family members. United Services Automobile Association was formerly known as the United States Army Automobile Association. The company was founded in 1922 and is based in San Antonio, Texas.

Qualitas Insurance Company

Qualitas Insurance Company engages in auto insurance and offers commercial auto and personal auto insurance services. It is a subsidiary of Qualitas Mexico. It was founded in 2014 and is based in San Diego, California.

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SkyWatch.AI is an insurance and safety mobile app that leverages the power of machine learning to assess and mitigate risks and provide hourly and monthly coverage for drone pilots in the drone industry. It was founded in 2016 and is based in Palo Alto, California.


Sensa is a system integrator and hosting provider that specializes in enterprise infrastructure within the global IT marketplace. The company offers a range of services including security solutions, cloud services, and various technical solutions, all tailored to meet the specific needs of their customers. It is based in Reykjavik, Iceland.

Branch Media Logo
Branch Media

Branch Media is a company that operates in the insurance industry, with a focus on home and auto insurance. The company offers simple and quick insurance coverage services, allowing customers to see their price and purchase within seconds using just their name and address. The company primarily serves the insurance industry. Branch Media was formerly known as Roundtable Media. It is based in New York, New York. Branch Media operates as a subsidiary of Meta.


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