About
Pay-as-you-go Insurance Replacement Products for the Uninsured
Covary is a cost-sharing platform that uses advanced actuary models and technology to create pay-as-you-go non-insurance products. The companys cost-effective critical illness and life coverage is designed to match the needs of the uninsured population, offering no fixed premiums, 50-60% off, and transparency, trust, and security.
Identity
| Name | Covary |
|---|---|
| Slug | covary |
| Type / kind | startup |
| Crunchbase ID | covary |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4O-yorAKDA |
Status
| Status | inactive |
|---|---|
| Status reason | Non Active, Mar 2023 ceased to operate |
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Rishon LeTsiyon |
| HQ address | Yosef Sapir Street 6, Rishon LeTsiyon, Israel |
Web & social
| https://www.linkedin.com/company/72300408 |
Classifications
Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Platforms & InterfacesMobileWeb
Target customers
ConsumersProfessionals & Gig EconomyFreelancersDemographics & FamilyHealthcare & Life SciencesHealthcarePatientsEnterprise & Professional Services
Business models
B2BB2B2C
Tags
microfinanceenterprisesinsurtechpatientsfamilyfreelancerschronic-patientsmobile-applicationssharing-economyweb-platform
Funding
| Total raised | — |
|---|---|
| Current stage | Pre-Funding |
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