CoverHound Raises $750K in Seed Funding
CoverHound, a San Francisco, CA-based car insurance comparison service, has raised $750k in seed funding from Blumberg Capital.
The company intends to use the funds to accelerate the growth of its engineering, marketing and sales teams and to continue building consumer awareness for the service’s research and comparison shopping tools.
Led by CEO Basil Enan, CoverHound – still in private beta – allows consumers to calculate their personal insurance needsget to get objective, accurate and actionable comparison rates from top providers.
The company was launched one year ago by a team of insurance industry veterans, including Basil Enan.