MyCover.ai
PrivateLast Round
Pre Seed
Jul 19, 2023
Est. Valuation
$3.12M
Total Funding Raised
$1.37M
Company Overview
MyCover.ai operates in FinTech and is based in Lagos. Its latest recorded funding round was a Pre Seed round in July 2023.
MyCover.ai is an insurtech company that provides an open insurance API and infrastructure for businesses in Africa to embed insurance products into their offerings.
Sector
FinTech
Verticals
InsurTech, API Management, Low-Code/No-Code, Workflow Automation
Business Model
B2B2C
Customer Profile
Marketplace Commission, Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
MyCover.ai Comparables
Compare MyCover.ai with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Octamile | 93% | |
| MyCoverGenius | 92% | |
| Unyte Africa | 91% |
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MyCover.ai Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Pre Seed | Jul 19, 2023 | ||||
| Accelerator | Dec 15, 2022 |
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Key People
Founding team and executive leadership
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MyCover.ai Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Techstars | Accelerator, Pre Seed |
| Ventures Platform | Pre Seed |
| Founders Factory Africa | Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 20, 2025
Grew 25% QoQ, from 24 to 30 employees.
- Nov 28, 2024
Grew 32% quarter-over-quarter, from 22 to 29 employees.
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MyCover.ai Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about MyCover.ai's valuation, stock price, and market status.
Is MyCover.ai a public or private company?
MyCover.ai is a private company.
What is the current stock price of MyCover.ai?
MyCover.ai is a private company, so its shares have no public market price. Caplight tracks MyCover.ai's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is MyCover.ai worth (valuation)?
MyCover.ai's valuation is estimated at $3.1M based on funding round data.
Can I buy MyCover.ai stock?
MyCover.ai shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was MyCover.ai's last funding round?
MyCover.ai's most recent funding round was Pre Seed on July 19, 2023.
Who are the main investors in MyCover.ai?
Key investors in MyCover.ai include Ventures Platform.
Will MyCover.ai IPO soon?
No public IPO plans have been announced for MyCover.ai.
How can I track MyCover.ai secondary market activity?
Caplight tracks bids, offers, and trades in MyCover.ai's shares on secondary markets.