Clearcover is the smarter car insurance company, that uses powerful technology to offer everyday drivers better coverage for less money.

Clearcover provides impressively low rates—32% cheaper than other insurers, on average—to its customers.

Clearcover was founded in 2016 by Kyle Nakatsuji and Derek Brigham. The company is headquartered in Chicago, Illinois.


Clearcover’s API-first approach enables customers to have great insurance at affordable rates. The company’s powerful technology coupled with their dedicated Customer Advocate team ensures a quality experience.


Clearcover is backed by leading investors including OMERS Ventures, Cox Enterprises, Lightbank, Hyde Park Angels, American Family Ventures, IA Capital Group and others. The company raised $50M in a Series C financing on Jan 03, 2020. This new round brings Clearcover's tota funding to $104.4M to date.



  • Year founded: 2016
  • Funding Info: $104.4M over 3 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Chicago
  • State: Illinois
  • Country: United States
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