Coverdash, Inc.

New York, New York

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Coverdash is a fully digital business insurance platform, designed to simplify the insurance process for businesses of all sizes. The company enables users to secure comprehensive coverage quickly and easily through a streamlined online platform. By leveraging advanced technology and automation, Coverdash provides tailored insurance solutions that meet the specific needs of small and medium-sized enterprises (SMEs) across various industries. Its mission is to make insurance accessible and easy to manage for entrepreneurs and business owners without the complexity typically associated with insurance processes. Product/Service Line Breakdown: General Liability Insurance - Coverage for bodily injury, property damage, and advertising injury claims made against the business. Professional Liability Insurance - Protects businesses from claims related to errors, omissions, or negligence in professional services. Commercial Property Insurance - Provides protection for physical assets such as buildings, equipment, and inventory against losses from events like fire or theft. Workers' Compensation Insurance - Coverage for medical expenses and lost wages for employees injured on the job. Business Owner's Policy (BOP) - A bundled policy that includes both general liability and property insurance, tailored for small businesses. Cyber Liability Insurance - Protection against data breaches, cyber-attacks, and associated legal or recovery costs.

Keywords

Keywords

Classified

Private