- CoverHound
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CoverHound 
Type Technology Industry Internet, Founded 2010 Headquarters San Francisco, California, USA Key people Basil Enan: CEO Website [1] CoverHound is a startup company that has developed a platform for consumers to shop for car insurance. The CoverHound site lets users see the best offers from top insurance carriers before selecting a car insurance policy. The company was founded in May 2010 by Basil Enan, a former executive at InsWeb. CoverHound raised $750,000 in seed funding from Blumberg capital.[1]
CoverHound’s offices are located at 300 Brannan Street in San Francisco, California.[2]
Contents
Description
CoverHound uses relationships with car insurance carriers and agencies to improve users’ car insurance policies. Drivers get car insurance recommendations without selling consumer data to multiple lead buyers.[3]
The company has also used proprietary data to publish studies on car insurance trends, including one that showed Americans prefer to work with local agents over direct carriers.[4]
Honors & Recognitions
In October of 2010, CoverHound placed first in an investor pitch event held at Dogpatch Labs in New York City.[5] The investor panel included representatives from First Round Capital and Polaris Ventures.
CoverHound was a member of the AngelPad Winter 2011 class.[6] The startup incubator founded by seven former Google employees invited CoverHound and 14 other startups to join the program out an applicant pool of more 800 companies worldwide. CoverHound presented at AngelPad's Demo Day[7] -- along with Shopobot, Crittercism and other notable startups -- and attracted funding from Blumberg Capital shortly thereafter.
References
- ^ Kerr, Ronny (2011-06-03). "CoverHound gets $750K to innovate insurance". Vator News. http://vator.tv/news/2011-06-03-coverhound-gets-750k-to-innnovate-insurance. Retrieved 2011-09-11.
- ^ "CoverHound CrunchBase profile". CrunchBase. http://www.crunchbase.com/company/coverhound. Retrieved 2011-09-11.
- ^ Gannes, Liz (2011-03-29). "Meet AngelPad's Freshly Incubated Batch of Start-ups". AllThingsD. http://allthingsd.com/20110329/meet-angelpads-freshly-incubated-batch-of-start-ups/. Retrieved 2011-09-13.
- ^ Meulemans, Michael. "Car Insurance Shoppers Still Prefer To Deal With Agents Over Direct Carriers". About.com. http://insurance.about.com/od/Privvehicle/a/Car-Insurance-Shoppers-Still-Prefer-To-Deal-With-Agents-Over-Direct-Carriers.htm. Retrieved 2011-09-14.
- ^ "Great 2nd DukeGEN Investor Pitch Event in New York City with over 100 Duke alumni in attendance". Duke Global Entrepreneurship Network. 2010-10-20. http://blog.dukegen.com/2010_10_01_archive.html.
- ^ Siegler, MG (2011-03-29). "The Second Cluster Of Startups Ascend From AngelPad". TechCrunch. http://techcrunch.com/2011/03/29/angelpad-round-two/.
- ^ Lynley, Matthew (2011-03-29). "AngelPad’s 13 Demo Day Darlings". New York Times. http://www.nytimes.com/external/venturebeat/2011/03/29/29venturebeat-angelpads-13-demo-day-darlings-36867.html?partner=rss&emc=rss.
External links
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