WithCoverage

WithCoverage, founded in 2023 and headquartered in New York, NY, is a risk management and insurance broking platform that substitutes AI-powered technology and expert human advisors for the traditional insurance broker. Its platform combines artificial intelligence with insurance experts, attorneys, and risk advisors to analyse business policies, identify coverage gaps and manage risk proactively rather than transactionally. The company's technical work spans artificial intelligence, machine learning, risk analytics, policy analysis and enterprise software platforms, applied to a domain - insurance - that has been slow to modernise.

The engineering remit is unusually substantive. The WithCoverage Platform serves hundreds of high-growth, category-defining companies across consumer goods and DTC, food and beverage, e-commerce, consumer electronics and quick-service food. Alongside it sits a proprietary agency management system providing full visibility into policies, exposures, claims, billing and commissions - a full-stack operating surface for an industry still run on faxes and spreadsheets. Engineers work at the intersection of machine learning, domain-heavy document and policy analysis, and the systems that carry the operational load of a licensed brokerage.

The commercial record is disciplined: $42 million raised through Series B, 10x growth, and cash-flow positive operations throughout. Investors include Sequoia Capital, Khosla Ventures, 8VC and Crystal Venture Partners. The company operates six offices across the country - New York, Austin, San Francisco, Chicago, Philadelphia and Salt Lake City - and runs a hybrid model in which technology is built alongside, not in place of, expert human judgement.