Dawn Capital led a $70m Series D round in Cover Genius.

Dawn Capital, a venture fund, led a $70m Series D round in Cover Genius, an insurtech for embedded insurance, with participation from Atlas Merchant Capital, GSquared and King River Capital. “We’ve always been strategic about our approach to fundraising, and closing our highest-ever funding round in a challenging environment for raising capital reinforces the strength of our embedded business model. Customers are dissatisfied with traditional insurers who went missing during the pandemic and consistently deliver low post-claim Net Promoter Scores scores. Our tech-forward solution focuses on a seamless and transparent customer journey and, in contrast to traditional insurers, delivers a post-claim NPS of +65," Angus McDonald, Cover Genius CEO and Co-Founder.