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Covela
AddedMar 22, 2024
UpdatedJul 3, 2026
Covela

Covela

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Covela: LATAM's quick digital broker for SME insurance & advice.

HQ
Mexico City, Ciudad de México, MX
Founded
2017
Accelerator
Y Combinator logoY CombinatorS19
Overview
Compare
Fundraising
Employees

Founded with a mission to simplify insurance for small businesses and freelancers in Latin America, Covela is a digital insurance broker that aims to provide quick and efficient coverage solutions. The company offers a streamlined platform where users can find and purchase the right insurance policies in less than 15 minutes. Covela focuses on serving SMEs (Small and Medium-sized Enterprises) in the LATAM region, ensuring they have access to affordable and comprehensive insurance options.

Covela has garnered attention from notable investors and industry experts, contributing to its rapid growth and success. The company’s innovative approach has significantly impacted the insurance market in LATAM, making it easier for small businesses to secure necessary coverage without the traditional hassles. Through its user-friendly digital platform, Covela continues to empower SMEs by providing them with the tools and advice needed to protect their businesses effectively.

Covela - Similar Companies

Clupp logo

Clupp

clupp.com.mx

Cover logo

Cover

Covie logo

Covie

covie.com

Seel logo

Seel

seel.com

Covr Financial Technologies logo

Covr Financial Technologies

covrtech.com

Momento logo

Momento

tumomento.com

Get Covered logo

Get Covered

getcovered.io

COVERR logo

COVERR

getcoverr.com

MyCover.ai logo

MyCover.ai

mycover.ai

Covered by Sage logo

Covered by Sage

Felix logo

Felix

Coverage Cat logo

Coverage Cat

coveragecat.com

Pelotea logo

Pelotea

pelotea.com

Curacel logo

Curacel

curacel.co

Vouch logo

Vouch

vouch.us

Covela - Quick Facts

Who are Covela's competitors?

Companies similar to Covela include Clupp, Cover, Covie and Seel.

When was Covela founded?

Covela was founded in 2017.

Where is Covela's headquarters located?

Covela's headquarters is located in Mexico City, Ciudad de México, MX.

When was Covela's last funding round?

Covela's most recent funding round was for $150k (USD) in August 2019.

How much has Covela raised to-date?

As of Aug 19, 2019, Covela has raised a total of $150k (USD).

Covela - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Latin America
Model
  • Marketplace
  • Platform
Revenue
  • Recurring
  • Transactional
Customer
  • Small Business
Main Product
  • Broker
  • Insurance
Tags
  • SaaS
NAICS
  • 524000Insurance Carriers and Related Activities
  • 524100Insurance Carriers
  • 520000Finance and Insurance
SIC
  • 6300Insurance Carriers
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice