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Clearcover

Chicago, IL · Founded 2016 · Privately Held (backing)

Developer of an online car insurance platform designed to offer the right coverage and improve automobile insurance. Clearcover is based in Chicago, IL and was founded in 2016. Its last reported valuation was $268 million in Nov 2022. It has raised $736 million across 8 recorded rounds; the latest was a $25 million early-stage round in Oct 2024.

Last reported valuation
$267.7M
Oct 2026
Priced at
—
Total raised
$735.5M
Last round
Early Stage VC
Oct 2024

Clearcover key facts

as of Oct 2026
  • Developer of an online car insurance platform designed to offer the right coverage and improve automobile insurance.
  • Clearcover is valued at approximately $267.7M as of Oct 2026 (last reported valuation).
  • It has raised $735.5M across 8 recorded rounds; the latest was Early Stage VC ($25.0M) in Oct 2024.
  • Notable investors include 500 Global, Greycroft, Lightbank (Venture Capital), Geodesic Capital, Hyde Park Angels — 18 tracked in total.
  • Clearcover has filed 9 Form Ds with the SEC since 2016, most recently Jan 2025 ($26.2M sold to 3 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$267.7M

Clearcover's last reported valuation, Nov 2022. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Clearcover funding rounds

8 rounds
Oct 2024Early Stage VC$25.0MSEC filing▮
Mar 2024Later Stage VC$55.0MSEC filing▮
Nov 2022Later Stage VC$153.0MSEC filing▮
Apr 2021Later Stage VC$198.9MSEC filing▮
Dec 2019Early Stage VC$50.0MSEC filing▮
Full funding history →

Clearcover valuation

Clearcover's last reported valuation was $268 million in Nov 2022. No priced round, secondary trade or fund mark has surfaced since.

How much has Clearcover raised?

Clearcover has raised $736 million across 8 recorded rounds since 2016. The largest was a $6.3 million early-stage round in May 2017; the most recent was a $25 million early-stage round in Oct 2024.

Clearcover has filed 9 Form Ds with the SEC since 2016, most recently in Jan 2025 ($26.2 million sold to 3 investors).

Clearcover investors

18 investors are on record for Clearcover, including 500 Global, Greycroft, Lightbank (Venture Capital) and Geodesic Capital. By type, the record holds 5 venture capital firms and 1 growth equity firm. The early-stage round in Oct 2024 drew 3 investors.

About Clearcover

Developer of an online car insurance platform designed to offer the right coverage and improve automobile insurance. The company's platform applies advanced technology and refrains from expensive advertising to pass along the cost savings to customers, as well as offers an intuitive quote process, enabling car owners to get their vehicles insured online at low costs.

Sector
Financial Services
HQ
Chicago, IL, United States
Founded
2016
Employees
201
Ownership
Privately Held (backing)

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