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Cuvva's Products & Differentiators
Temporary car insurance
Short-term car insurance from one hour up to 28 days.
Expert Collections containing Cuvva
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cuvva is included in 2 Expert Collections, including Insurtech.
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
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Latest Cuvva News
Jun 23, 2022
Paris-based Breega closes €250M fund, opens Barcelona office to back Iberian startups Paris-originated VC Breega wasn’t enormously well-known in the VC world (it only closed its 1st fund in 2015) until, perhaps, it started attracting attention with its second €110 million Seed fund, just under a year go. It’s portfolio now includes a number of scale-ups including Moneybox, Cuvva, Coverflex and Libeo. Perhaps part of its ‘secret sauce’ is how it has managed to put together an in house-team of experts in growth, talent, and comms, of which more later. Suffice it to say, Breega seems to be punching all the right numbers. It’s now closed a €250 million venture fund, enabling it to move from funding Seed-stage European companies to now being able to go for Series A stage and beyond. It’s also now opened a Barcelona office (alongside London and Paris) headed up by Partner and recently nominated Head of European Venture, Isabelle Gallo. Breega’s aim is to finance at least 20 companies in total with the new fund. To date, Breega has backed 70 promising portfolio companies across 7 countries. Breega’s investors include institutional players EIF (European Investment Fund) Bpifrance, Group Crédit Agricole, Amundi, LCL, Isomer Capital and a number of European entrepreneurs, which Breega hasn’t named specifically. The new fund doubles its assets under management to half a billion euros. This is Breega’s fourth fundraise in seven years. The new fund will have a strong focus on (although not limited to) fintech and insurtech companies. Breega’s new fund has also now backed Keebo (fintech), UKIO (proptech) and Mila (insurtech). Ben Marrel, Co-founder and CEO at Breega said in a statement: “Our fourth and largest fund to date will allow us to finance later stage companies at Series A stage and above and to continue to support our existing portfolio startups as they grow. This new money will also allow us to expand further into the increasingly dynamic Iberian tech ecosystem, one of the most dynamic in Europe.” Current investments in the Iberian market include property tech Ukio, insurtech and employee benefits platform, Coverflex, and the fintech investment platform, Ninety-Nine. Breega’s inhouse, free-of-charge ‘Scaling Squad’ consists of a team of experts in growth and pairing, talent, marketing and communication. Ben Stanway, founder and Co-CEO of Moneybox says this “acted like an extension of our own team.” Replying to me over email, Marrel added: “We’re also very interested in seeing how advances in Blockchain technology and quantum computing will impact innovation – Breega is an early investor in Alice&Bob and we’re very excited to be accompanying them in the race to creating the world’s first fault-free quantum computer.”
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Cuvva Frequently Asked Questions (FAQ)
When was Cuvva founded?
Cuvva was founded in 2015.
Where is Cuvva's headquarters?
Cuvva's headquarters is located at London.
What is Cuvva's latest funding round?
Cuvva's latest funding round is Angel - II.
How much did Cuvva raise?
Cuvva raised a total of $29.45M.
Who are the investors of Cuvva?
Investors of Cuvva include Seedrs, Breega Capital, RTP Global, Digital Horizon Ventures, Phoenix Court Group and 3 more.
Who are Cuvva's competitors?
Competitors of Cuvva include Rooster and 2 more.
What products does Cuvva offer?
Cuvva's products include Temporary car insurance and 2 more.
Compare Cuvva to Competitors
Urban Jungle is a tech-first insurance broker helping young people get access to cheaper and better-suited home insurance. The company’s cover offers protection at home or anywhere else in the world. Customers can insure all of the things that matter in one comprehensive plan that can be purchased in under two minutes. Urban Jungle was founded in 2016 and is based in London, England.
Locket is a platform offering insurance priced according to the smart tech used to keep a user's home secure.
Marshmallow aims to use big data and algorithms to underwrite and provide more competitive rates for car insurance, with a focus initially on the UK.
Aviva operates as an insurance company. The company provides insurance products such as life, pet, car, home, health, and retirement as well as offers asset management and financial advisory services. It is based in London, England.
Rooster provides car insurance that is based on how users drive. It evaluates the risks of drivers who drive well and are therefore less likely to have an accident and should pay less for their insurance, regardless of their age or demographic profile. The platform offers a test drive for risk assessment. The company was founded in 2019 and is based in London, U.K.
Admiral offers insurance products including Car Insurance, Home Insurance, Travel Insurance, Pet Insurance and Van Insurance.
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