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Machine Cover

2 viewers · 30d

Total raised

$1.5M

2 filings since 2025 · latest Equity filed

Cumulative raised
LAST ROUND
Equity · $1.5M
ROUNDS
2
INVESTORS
8
FOUNDED
N/A
HQ
Manchester, MA
SECTOR
Fintech
EMPLOYEES
N/A
30D VIEWERS
2

AI overview

Updated

Machine Cover, Inc. is an innovative company specializing in parametric insurance solutions that address hard-to-insure risks traditionally overlooked by conventional insurance methods. By leveraging advanced technology, the company empowers insurance carriers and brokers to offer customized, trigger-based insurance policies that facilitate rapid claims processing and enhanced customer satisfaction.

What sets it apart

Machine Cover stands out by providing a comprehensive platform that enables insurers to create and deliver tailored parametric insurance products, thus streamlining the insurance process.

Funding history

2 rounds
Equity+1Feb 19, 2025
Form D
+$160K$1.5M total
Equity+1Feb 19, 2025
Form D/A
+$1.5M$1.5M total

Products

1 tracked

Parametric Insurance Technology Platform

Insurance Technology

Machine Cover’s technology platform is designed to allow insurance carriers and partners to develop, price, and distribute parametric insurance products efficiently. It enables the creation of insurance policies that pay out based on predetermined triggers instead of the need for assessments of damages.

  • Customizable parametric policy designs
  • Rapid and transparent claims processing
  • Integration capabilities for insurance partners
  • Support for emerging risk types

Links

WebsiteSEC EDGAR filings