Coverflex hits €5m in largest seed round raised in Portugal

The Portuguese insurtech/fintech startup, Coverflex, has initiated the biggest seed funding round in Portugal to date, and one of the largest in Europe, led by Breega and co-investment from the 200M Fund.

Coverflex, which provides an all-in-one solution for companies to design and personalise their compensation offers to include meal allowances, fringe benefits, health insurance and more, was founded in October 2019.