Upcover
upcover is Australia's fastest ⚡ insurance for small business owners. We simplify distribution of insurance by making it easy for trusted brands, online businesses & marketplaces to offer affordable SME insurance.
- Sector
- Embedded business insurance
- Business model
- B2B insurtech / MGA broker
- Founded
- 2019
- Founders
- Skye Theodorou, Anish Sinha
- Headquarters
- Sydney
- Markets
- Australia
- Latest round
- A$19M (US$11M equity + US$8M debt) Series A, led by RealVC
Sources: insurancebusinessmag.com, upcover.com, smebusinessreview.com, itbrief.com.au
1person interviewed
2episodes across 1 show
The team on Day One
Hear from the team
Milestones
- 2019 Founded to simplify gig-worker insurance smebusinessreview.com
- 2025 Raised $19M Series A to expand digital insurance businessnewsaustralia.com
- 2025 Launched dedicated fintech insurance vertical itbrief.com.au
In the news
Backed by
RealVC, Antler.
Sources: insurancebusinessmag.com
More founder companies on Day One
Spot something wrong? Suggest a correction Updated 25 September 2026
