Clearcover

Clearcover is a technology-driven car insurance company founded in 2016 by Kyle Nakatsuji and Derek Brigham. As a digital-first insurer, it focuses on affordability, speed, and customer-centric services. The company has gained recognition on the Inc. 5000 Fastest Growing Privately Held Companies list and the Deloitte Technology Fast 500™, and it has raised over $560 million in funding. Clearcover offers a range of auto insurance coverage, including liability, collision, comprehensive, and personal injury protection. It also provides alternate transportation coverage, allowing cash payouts for various transportation needs after an accident. Policyholders in select states can benefit from the Car Care Program, which offers discounts at numerous maintenance shops. The claims process is designed for convenience, with options to file claims via app or phone, and partnerships for streamlined repair services. Clearcover operates in 19 states and emphasizes a hassle-free, affordable insurance experience through innovative digital tools and customer support.

Insurance Chicago, United States Founded 2016 ~153 employees

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Employees
153
+1.3% in the 3 months to Sep 2026
Revenue / employee
$81.7K
Revenue ~$12.5M
Total funding
$585M
Last round Jan 2025
12-month attrition
27.5%
Tech: 29.1%
H1B filings, FY2025
1
Sponsors visas

Headcount trend

Clearcover went from 237 employees in Oct 2024 to 153 in Sep 2026. Apr to Sep 2026: 4 people joined, 19 left.

Org structure

Headcount by department

Other63
Engineering29
Finance22
Operations22
Success8
Product5
Marketing1
HR1

Funding

  • Jan 2025 · $26.2M · Kinsale Capital Group, Inc.
  • Oct 2024 · $44M · OMERS Ventures, Pivot Global Partners
  • Mar 2024 · $55M · OMERS Ventures, Pivot Global Partners
  • Nov 2022 · $153M · OMERS Ventures
  • Apr 2021 · Series D · $200M · Eldridge, American Family Ventures, Cox Enterprises, Inc.
  • Mar 2020 · Seed · $2.3M · Oyster Ventures
  • Jan 2020 · Series C · $50M · OMERS Ventures, American Family Ventures, Cox Enterprises
  • Jan 2019 · Series B · $43M · Cox Enterprises, American Family Ventures, IA Capital Group
  • Sep 2017 · Series A · $11.5M · Light Bank, Greycroft Partners, 500 Startups

Salaries at Clearcover

All salaries

14 salary profiles in the US

Most reported roles

Pay by level, gender and ethnicity

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering3

The department split adds up all the years listed above. FY2025 alone: 1 filings.

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Clearcover FAQ

How many employees does Clearcover have?

Clearcover has about 153 employees, up 1.3% over the 3 months to Sep 2026.

Does Clearcover sponsor H1B visas?

Yes. Clearcover filed 1 H1B (LCA) application in FY2025, according to the latest U.S. Department of Labor disclosures. It was for a Engineering role.

What is Clearcover's revenue per employee?

Clearcover makes about $82K in revenue per employee, based on $12.5M annual revenue and 153 employees.

How much does Clearcover pay?

6figr has 14 salary profiles for Clearcover in the US, with pay broken down by role, level, gender and ethnicity on the Clearcover salaries page. See Clearcover salaries

How much funding has Clearcover raised?

Clearcover has raised $585M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.