Co-founder & Chief Executive Officer, Cover Genius
| Role | Organisation | Sources |
|---|---|---|
| Co-founder & Chief Executive Officer | Cover Genius | SmartCompany, inspirepreneurmagazine.com, coverager.com |
Stories naming Gus McDonald. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian insurtech Cover Genius raised $143 million led by Vista Credit Partners, pushing its valuation above $2 billion, with funds earmarked for platform development, AI claims capabilities and international expansion.
Vista Credit Partners is backing Cover Genius's USD 100 million raise, which puts the insurance platform's value at USD 1.9 billion; Morgan Stanley acted as placement agent.
Insurance platform Cover Genius has announced a $100 million raise with Vista Credit Partners backing it, at a $1.9 billion valuation; funds will go toward AI, partnerships and acquisitions.