# WithCoverage

> WithCoverage is a New York-based insurtech that replaces the traditional commission-based insurance broker with a flat-fee, AI-enabled risk management team. Its platform pairs licensed insurance experts, attorneys and claims specialists with an AI audit engine that scans policies and operations to find hidden exposures, run competitive carrier bidding, and cut premiums - routinely saving clients over $100,000 a year. Founded in 2023 by Opendoor co-founder JD Ross and Compound alumnus Max Brenner, the company has replaced brokers for 550+ fast-growing businesses including Gopuff, Bombas, Blank Street and Eight Sleep, and raised a $42M Series B in January 2026 co-led by Sequoia Capital and Khosla Ventures.

- **Founded:** 2023
- **Headquarters:** New York, New York, United States
- **Founders:** Max Brenner (Co-Founder & CEO), JD Ross (Co-Founder)
- **Team size:** ~80 employees (hiring 75+ more across product engineering, business development and risk management in 2026)
- **Products:** AI-Enabled Risk Management Team, AI Audit Engine, Digital Insurance Platform, Claims Management
- **Notable:** Raised $42M Series B in January 2026 co-led by Sequoia Capital and Khosla Ventures., Replaced traditional brokers for 550+ companies within roughly two years of founding., Routinely saves clients over $100,000 per year, with reported savings up to 30% of total insurance budgets.

## Products & services

- **AI-Enabled Risk Management Team** — A dedicated team of insurance experts, attorneys and claims specialists organized by industry, acting as a fractional in-house risk management department for growing companies.
- **AI Audit Engine** — Analyzes a business's existing policies and operations to surface hidden exposures and coverage gaps, delivering a line-by-line breakdown of potential savings and risks - often on the first call.
- **Digital Insurance Platform** — A unified dashboard for policy management, certificates of insurance (COIs), claims tracking, digital applications, billing/payments, benchmarking and contract review.
- **Claims Management** — End-to-end handling of the claims process with attorney support, plus recommendations to fix the exposures that caused the claim.

## Achievements

- Raised $42M Series B in January 2026 co-led by Sequoia Capital and Khosla Ventures.
- Replaced traditional brokers for 550+ companies within roughly two years of founding.
- Routinely saves clients over $100,000 per year, with reported savings up to 30% of total insurance budgets.
- Helped Hungryroot cut premiums 40% (over $300K) and Bluestone Lane save $139,000+.
- Signed notable consumer brands including Gopuff, Bombas, Blank Street and Eight Sleep.

## Latest updates

- **2026-01** — Closed a $42M Series B co-led by Sequoia Capital and Khosla Ventures to expand product, enter new verticals and hire 75+ people.
- **2026-01** — Announced it had replaced traditional brokers for 550+ companies and positioned itself to 'replace traditional brokers' across the market.

## Links

- Website: https://withcoverage.com
- LinkedIn: https://www.linkedin.com/company/withcoverage
- Instagram: https://www.instagram.com/p/DTeH0krEeHx/

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Profile page: https://yespress.io/withcoverage
Published by YesPress — https://yespress.io
Last updated: 2026-07-17