Anthony R. O’Donnell // May 23, 2024 
(Image source: Cover Whale driver safety video.)
Cover Whale Insurance Solutions, Inc., a New York-based InsurTech MGA focused on commercial auto, has announcedfunding of $27.5 million in debt and equity from investment funds managed by Morgan Stanley Expansion Capital. The funding round, which also had existing debt investors convert into the Series A preferred, will support Cover Whale’s continued growth and accelerate its progress toward transforming trucking insurance and improving safety on America’s roads, according to a statement from the company.
Dan Abrahamsen, CEO, Cover