Upcover key facts
as of Oct 2026- Provider of insurance services intended to transform the small business insurance landscape.
- Upcover is valued at approximately $1.1M as of Oct 2026 (last reported valuation).
- It has raised $24.6M; the latest was Later Stage VC ($19.0M) in Dec 2024.
- Notable investors include Antler, Gandel Invest, MoreThan Capital, Tectonic Investment Management, BetterLabs Ventures — 12 tracked in total.
- Status: Privately Held (backing).
Upcover's last reported valuation, Aug 2019. Nothing priced has surfaced since.
- ·The complete investor list: 12 names
- ·Watch Upcover: the Monday email on marks, rounds and moves
Upcover funding rounds
No funding rounds for Upcover are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Upcover
12+Membership and data by Private Market View
Upcover valuation
Upcover's last reported valuation was $1.1 million in Aug 2019. No priced round, secondary trade or fund mark has surfaced since.
Upcover investors
12 investors are on record for Upcover, including Antler, Gandel Invest, MoreThan Capital and Tectonic Investment Management.
About Upcover
Provider of insurance services intended to transform the small business insurance landscape. The company offers tailored pay-as-you-go insurance protection which includes cover for damage, theft of bikes, injuries, and loss of income while doing delivery and for any injury caused to others or their property, enabling businesses with a flexible and paperless insurance cover system.
- Sector
- Financial Services
- HQ
- Sydney, Australia
- Founded
- 2019
- Employees
- 43
- Website
- upcover.com/
- Ownership
- Privately Held (backing)
Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.