| Founded | 2016 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Insurtech |
| Total raised | 400 |
| Collapse type | Silent Shutdown |
| Founder | Kyle Nakatsuji |
Clearcover
"Auto insurtech raised $400M then shut down — cheaper premiums don't work when claims costs keep rising"
Quiet closure with no public announcement
Key Events Timeline
Clearcover offered tech-enabled auto insurance — lower premiums, claims via app.
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