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Cover Whale Insurance Solutions, Inc.

Insurance / Trucking ~240 employees
Founded
--
Employees (Est.)
~240
12 leaders known
Total Funding
$67.5M
Funding Rounds
2
Last Funding
2025-07-28

About Cover Whale Insurance Solutions, Inc.

Cover Whale is a company focused on providing commercial auto insurance for truckers in the United States. Their mission is to offer better coverage for America's truckers and faster, more efficient services for agents, ensuring safety and affordability through innovative technology and driver safety programs.

Products & Services

Commercial Auto Insurance:A full suite of insurance products for truckers, including Auto Liability, Motor Truck Cargo, Auto Physical Damage, Non-Trucking Liability, and Truckers' General Liability.
Hotshots Coverage:Specialized insurance coverage for hotshot trucking.
UIIA Coverage:Coverage for truckers hauling freight out of U.S. ports under the Uniform Intermodal Interchange Agreement.
Driver Safety Program:An AI-driven telematics and real-time safety coaching program that reduces unsafe driving actions by 50% and offers up to a 30% premium discount for safe drivers after one year.
Agent Quoting Platform:An agent-friendly platform providing instant policy quotes and same-day binding to improve productivity.

Specialties

Commercial Trucking Insurance Driver Safety Telematics AI-Driven Safety Coaching Agent-Friendly Quoting Platform

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Growth Equity
T: -
FT: Growth Equity
A: 40000000
MR: -
FA: $40 million
FAN: 40000000
D: 2025-07-28
FD: 2025-07-28
1 investors
2 RT: Series A
T: -
FT: Series A
A: 27500000
MR: -
FA: 27.5 million
FAN: 27500000
D: 2024-05-22
FD: 2024-05-22
1 investors
Growth Equity Latest
2025-07-28
$40.0M
1 investor (Pro only)
Series A 2024-05-22
$27.5M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

Dan Abrahamsen

CEO/Founder

K

Kevin Abramson

President

D

Darryl Siry

Chief Operating Officer

G

Gene Bebout

Chief Financial Officer

R

Rachael Dugan

General Counsel & Corporate Secretary

B

Bill Fahrner

Chief Underwriting Officer

View 9 more team members with Pro

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Recent News

Cover Whale Insurance Solutions, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Insurance / Trucking
Company Size
~240 employees (est.)

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Technology Stack

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