Exor and Samsung Ventures both chipped in as the mobile insurance brokerage boosted its overall funding to $27m.
Cover, the US-based operator of an insurance selling app, has completed a $16m series B round that included consumer electronics producer Samsung and industrial equipment maker Exor.
The round was led by venture capital firm Tribe Capital and also featured Y Combinator and Social Capital, while Samsung participated through corporate venturing subsidiary Samsung Ventures. It increased the total raised by Cover to $27m since it was founded in 2016.
Cover operates as a mobile-first insurance brokerage that sells insurance on…
