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 sourceEUR 5.5M
Reported amount EUR 5,500,000
Round itself is €5.5m Series A; headline €7m includes previous €1.5m seed.
InvestorsAnthemisVenture roundVenture / equity1 sourceEUR 8M
Reported amount EUR 8,000,000
Company announces €8m round; stage not specified.
Series BVenture / equity1 sourceUSD 25M
Reported amount USD 25,000,000
Company announces $25m Series B; cumulative $43m excluded.
Series CVenture / equity1 sourceUSD 30M
Reported amount USD 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
- We asked Stratos Hatzipanis from AIG what makes a partnership between an insurtech and insurer actually work 🤝 His answer actually had nothing to do with technology. It was about something that’s not always easy to build, but just as important. See what he had to say below & download our latest white paper for how to build partnerships that last beyond the tech 👉 https://lnkd.in/eSnAAzQF #EmbeddedInsurance #InsurancePartnerships
- Most embedded insurance programs are built to go live. Far fewer are built for what comes next 👀 What happens when you want to add another product, enter another market or work with another distribution partner? If every step means another custom integration, another compliance scramble or another claims setup, your partnership might be built for launch, not longevity. Our new white paper for risk carriers and brokers separates the partnerships that fail from the ones that scale 📈 Drawing on industry experts and a decade of
- Empire building is killing embedded insurance partnerships 👑 The linear – and frankly, outdated – partnership model encourages every participant to protect their piece of the value chain. A better approach between insurers, brokers and insurtechs is orchestration: partners putting together Lego pieces to build something slightly different for each case, depending on what the distribution partner and end customer actually need 🧱 We've spent a decade working out what this looks like in practice. We've seen the difference
- 𝗗𝗼𝗻'𝘁 𝘄𝗮𝗶𝘁 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗙𝗶𝗻𝗧𝗲𝗰𝗵 & 𝗚𝗼𝘃𝗧𝗲𝗰𝗵 𝘁𝗼 𝗮𝗿𝗿𝗶𝘃𝗲. Build it with us at the Flanders Technology & Innovation Festival in Brussels, together with FINTECH BELGIUM. On October 19 fintech entrepreneurs, government innovators, data professionals and policymakers come together at TheMerode for the specialised business track FinTech & GovTech. It's the place to be to start new partnerships, exchange ideas and network with 250 peers. 🎤 Keynotes: Stijn (Stan) Christiaens, co-founder &
- Some companies do team building with bowling or go-karts. We pick up litter 🧤 Last week, different teams across Qover took turns heading out into the European Quarter around our Brussels office – bags in hand, picking up whatever they could find: food wrappers, coffee cups and the odd mystery item. We did this a couple of years ago (when a rogue Nike sock somehow made it into the haul, and we still have questions) and liked it enough to do it again. The idea is simple: small actions add up. And if we're going to talk about being
- Heads up to anyone half-heartedly scrolling LinkedIn between beach visits 👋 We know that August is usually the quietest month in the professional calendar – but when it comes to hiring, we didn't get that memo. We've got open roles across tech, product, sales, customer growth and more. So if you’re looking to join a team that actually lives its values, this is your sign (and yes, the excessive use of the letter Q is entirely intentional). We're qommitted to caring, qomfortable being uncomfortable and we genuinely believe the
- For Julio, peace of mind starts before the trip does ✈️ As a frequent traveler and Revolut Ultra member based in Spain, Julio uses his plan primarily to cover trips. With cancel-for-any-reason cover, he can book flights, hotels or events with his account, knowing that if something comes up, he won't be left out of pocket. When he does need to claim, the process is as simple as it gets. He taps the relevant transaction in the Revolut app, uploads a couple of documents and is done in about five minutes. 'It's really fast and very clear
- Her bag was stolen with her brand new headphones inside 🎧 Luckily, she was qovered. Elizabeth has been a Revolut user for years. When her bag was snatched at a restaurant, her first thought was whether she could claim for the headphones she'd just bought. She opened the Revolut app, checked the terms and was relieved to learn that she was covered as a Premium user. She submitted her claim within a few taps and waited. She got a quick response, her money back and none of the drawn-out process she'd come to expect from insurance. 'It
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