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WithCoverage Secures $42M to Revolutionize Risk Management

1/14/2026

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Summary

Story summary

WithCoverage raised $42 million in a Series B round led by Sequoia Capital and Khosla Ventures.
The funding backs its AI audit engine, which analyzes business policies to identify savings opportunities and risks.
WithCoverage serves clients such as GoPuff and Bombas.
The company, co-founded by JD Ross and Max Brenner, plans to expand into new sectors to modernize risk management and broaden services beyond insurance.

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Story summary

WithCoverage raised $42 million in a Series B round led by Sequoia Capital and Khosla Ventures.
The funding backs its AI audit engine, which analyzes business policies to identify savings opportunities and risks.
WithCoverage serves clients such as GoPuff and Bombas.
The company, co-founded by JD Ross and Max Brenner, plans to expand into new sectors to modernize risk management and broaden services beyond insurance.