Get Covered raises $6 million

Get Covered has raised $6 million from RET Ventures, State Farm Ventures, WISE Ventures, and LeFrak, bringing its total funding to date to $14.5 million.

Founded in 2018, Get Covered provides insurance technology products and services for the multifamily industry that make buying, selling and tracking insurance “as simple and seamless as possible.” Some of the insurance products offered include renters and pet.

Get Covered currently operates in 48 states and has been deployed in over 3,500 apartment communities nationwide. In 2022, the startup added 600,000+ units to its all-in-one activation and COI tracking platform.

“Insurance is a fundamental component of renting for residents, owners, operators and property management teams. Insurance is one of the oldest industries in the world, and it’s also one of the most challenging to change. We are proud of the technology solutions we’ve created that have alleviated many of the friction points in buying and tracking insurance. We are excited to continue growing and providing better experiences for renters and optimizing risk mitigation strategies for operators.” – Brandon Tobman, CEO of Get Covered.

“Get Covered’s technology-based solution of offering renters insurance as an embedded option within the tenant leasing process is an intriguing approach to meet the needs of more customers. We believe that our agent-based distribution model in combination with their platform approach to serve the institutionally-managed property market could deliver a strong customer experience for renters.” – Michael Remmes, VP of State Farm Ventures.