Coverfy, a Barcelona, Spain-based insurtech startup, raised €3.5m in funding.
Backers included K Fund, Sabadell and Seaya Ventures.
The company intends to use the funds to expand operations its business reach as well as to further develop its platform.
Led by Vicente Arias, CEO, Coverfy provides a mobile platform to find, compare, optimize, and manage insurance products. Launched last year, the app has reached 60,000 users.
The company has previously raised €750k in seed funding.