Qover SA/NV
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Qover SA/NV - overview
Established
2016
Location
Brussels, -, Belgium
Primary Industry
Insurance
About
Qover SA/NV is a Brussels-based company specializing in embedded insurance solutions, empowering businesses to integrate insurance products seamlessly into their offerings across various sectors. Founded in 2016, Qover SA/NV provides embedded insurance solutions that facilitate the integration of insurance products into existing business frameworks. The company is headquartered in Brussels, Belgium, and was co-founded by Jean-Charles Velge and Quentin Colmant, who also serves as the CEO. In March 2026, Qover SA/NV raised USD 12 million in Series C from new investor CIBC Innovation Banking.
Qover specializes in providing embedded insurance solutions through a robust suite of insurance APIs. These APIs cater to diverse use cases, including purchase protection, travel coverage, event cancellation, and motor insurance, designed to enhance customer experiences. The modular approach of their technology allows businesses to customize their insurance offerings based on specific operational needs, operating across 32 European countries, including France, Germany, the Netherlands, Spain, and the United Kingdom, serving clients such as retailers and payment platforms.
Current Investors
Callatay & Wouters Ventures, Belcube, Anthemis
Primary Industry
Insurance
Sub Industries
Insurance Intermediaries, Commercial Insurance, Accounting/Finance Software, Application Integration Software
Website
www.qover.com
Verticals
Artificial Intelligence, FinTech, InsureTech
Company Stage
Series C
Total Amount Raised
Subscriber access only
Qover SA/NV - timeline of key events
Qover SA/NV - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | (385,869) | (1,019,175) | (2,119,035) | (2,689,494) | (3,123,912) | (4,525,146) | - | - | - |
| Operating Income (USD) | (389,487) | (1,218,083) | (2,531,918) | (3,100,364) | (3,533,914) | (4,972,290) | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | (390,464) | (1,168,798) | (2,452,407) | (3,010,436) | (3,463,595) | (4,970,671) | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - | - |
Qover SA/NV - employee data
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