Online Insurance Startup Receives $2 Million in Funding

CoverWallet, an online insurance manager for small businesses, has received $2 million in seed funding, the company announced on Tuesday. The funding came from Two Sigma Ventures, Highland Capital Partners, Founder Collective and other strategic angel investors, the company said in a news release. CoverWallet’s features include automatic risk analysis, document management, benchmarking and data analytics, risk and insurance assessments, coverage recommendations, peer risk comparisons, and claims support. Commercial insurance managed by the online platform includes workers’ compen...