Overview
Founded in 2016 by Quentin Colmant and Jean-Charles Velge in Brussels, Qover provides API-first infrastructure that enables digital businesses to embed insurance products directly into their customer journeys. Clients including Revolut, Mastercard, BMW, Monzo, bunq, and Canyon use Qover's platform to offer insurance as a native product feature rather than as a separate purchase, distributing policies at the point of maximum relevance in the customer relationship.
In March 2026, Qover secured a $12M growth facility from CIBC Innovation Banking, surpassing $100M in total cumulative funding. The company now protects 15 million people across 32+ countries and has set a target of 100 million users by 2030. Qover manages the full insurance value chain: product design, regulatory compliance across European jurisdictions, claims processing, and insurer relationships.
Qover reaching profitability-adjacent scale while expanding internationally represents a rare milestone in European insurtech, a segment that saw significant VC consolidation and writedowns from 2022 onward.
Funding & milestones
4 events found for Qover · 2017–2023
Series AVenture / equity1 source€5.5M
Reported amount €5,500,000
Round itself is €5.5m Series A; headline €7m includes previous €1.5m seed.
InvestorsAnthemisVenture roundVenture / equity1 source€8M
Reported amount €8,000,000
Company announces €8m round; stage not specified.
Series BVenture / equity1 source$25M
Reported amount $25,000,000
Company announces $25m Series B; cumulative $43m excluded.
Series CVenture / equity1 source$30M
Reported amount $30,000,000
Company announces $30m Series C up-round.
Recorded history so far. Original currencies are preserved; amounts in different currencies are not added together. Debt, grants, acquisitions and listings are separate event types. Undated events appear last.
Profile narrative
- Multiple rounds totaling $100M+
- March 2026: $12M growth facility from CIBC Innovation Banking
Key people
In the news
- The year might be winding down – our team isn’t 🚀 Four roles, four very different skill sets – all working towards the same thing: making insurance simpler and more accessible for millions of people across Europe. 👉 Data Engineer 👉 Legal & Compliance Officer 👉 SRE engineer 👉 Associate Solutions Consultant The people here are the real draw. It's a team where you settle in fast, feel comfortable being yourself and actually enjoy who you're working with. Think one of these has your name on it? Head over to our careers page –
- Every horror story has an ending. Swipe through... if you dare 🎃
- Last week I had the honor of curating the content for the FinTech session during the Flanders Technology & Innovation Festival, organised by the amazing team at GLUON BXL. A special thanks to all the speakers Claire Munck (BeAngels), Stijn (Stan) Christiaens (Collibra), Aline Muylaert (Go Vocal), Michael V. (Monizze), Quentin Colmant (Qover), Muriel Bernard (BeCentral), Pepijn Mores (Prismos), Charles Van den Bogaert (iBanFirst), Louis Vanheurck de Tornaco (dups), minister Laurent Hublet (Government of the Brussels-Capital Region),
- Naming a category is the easy part 💡 It’s getting the market to recognise it where the real work begins. We identified a gap and named the solution: 'embedded insurance orchestration'. Europe isn't one insurance market – it's dozens of regulatory frameworks, commercial laws and languages. Orchestration is what bridges them. 4 years in – the category is real, more and more recognised and understood by the industry and partners we work with. Our CEO Quentin Colmant walked through it with The Front Lines: the reasoning, the trade-offs
- Two weeks to go – time to meet the speakers for 'Beyond go-live: building insurance partnerships that grow' webinar 🎙️ On 5 November at 1pm CET, our Head of Partnerships Jonas Von Oldenskiöld will host a conversation with two of our latest white paper contributors. They'll share what actually separates a partnership that grows from one that flatlines – and what they'd change with hindsight. Meet the speakers 👇 🤝Anthony Borgman leads GB Affinity at WTW, bringing 25+ years of industry experience in developing embedded insurance
- Partnerships can't be built from one side of the table 🤝 For a long time, that's roughly how things worked in insurance. One side kept the underwriting, the pricing and the roadmap. The other brought the volume. It was called a partnership. It rarely felt like one. That’s starting to change. Kai-Uwe Schanz, Dr. oec. HSG – (Investing For Purpose) – Alix-Anne Farque (Chubb) – Dren Rasaj (Helvetia Baloise Group) told us what real co-creation looks like in our latest partnerships white paper: shared vision, genuine accountability to the
- The challenge in OEM motor insurance isn’t the product. It’s the architecture underneath it. Our CEO Quentin Colmant and Anthony Borgman from WTW, dig into exactly this in the first edition of the Open & Embedded Insurance Observatory Quarterly Insight Note – exploring why OEM motor insurance has been around for decades and still hasn't scaled the way it should. The piece gets into the structural reasons – and they’re simpler than you think. No single insurer can’t stay competitively priced across every type of driver, vehicle and
- We brought home silver and some good conversations🥈 We ended September on a high note with our awards nominations and wins. Qover's embedded insurance orchestration platform took silver in the Insurtech category at the Qorus innovation in Insurance Awards 2026 – this is a great recognition of the work our teams are continuously doing to make insurance simpler to embed and easier to access. And a week before that, we were in London for the Insurance Times’s Tech and Innovation Awards 2026. No trophy this time, but we did get
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