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Antler-Backed Covrzy Shuts Down Due To Cash Crunch
Summary by Inc42 Media
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Antler-Backed Covrzy Shuts Down Due To Cash Crunch
Antler-backed insurtech startup Covrzy has shut shop after being operational for about three years. Cofounder and CEO Ankit Kamra told Inc42 that the startup had to wind down operations primarily due to a persistent financial crunch. He said Covrzy started falling apart after cofounder and CTO Veera Thota resigned last year to pursue other opportunities. Thota joined Uber as an engineering manager back in June 2025. Amid the financial crunch, th…
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