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# Insurtech firm CoverGo raises $15 million in Series A funding
- URL: https://www.techloy.com/insurtech-firm-covergo-raises-15-million-in-series-a-funding/
- Published: 2022-05-11T11:05:10.000Z
- Updated: 2022-12-08T00:30:45.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Insurtech, Tech in Singapore

[CoverGo,](https://www.covergo.com/) an insurance technology firm based in Singapore has raised $15 million in its Series A funding round to expand into the international markets, partner with consulting firms and scale its sales and revenue. 

- The insurtech company said it 10xed its revenue since January 2021 by offering automatable insurance product launching and distribution for P&C, life and health insurance companies.
- The firm is breaking the customary IT methodology for insurance operations with its no-code insurance platform.
- The funding round was led by SemperVirens Venture Capital based in California with participation from SixThirty, Tribeca Early Stage Partners, and Fresco Capital based in the US.