Coincover
Protecting digital assets through insurance-backed wallet recovery and security technology
Overview
Coincover is a digital asset security and insurance platform for cryptocurrency businesses and financial institutions, operating in the specialty/E&S vertical. The company provides Lloyd's of London-backed insurance policies combined with wallet recovery technology, addressing lost access, fraud, and cyber risks in the cryptocurrency sector. Founded in 2018 and incubated by InsurTech Gateway, Coincover operates from Cardiff, Wales.
The platform delivers wallet recovery, disaster recovery, and fraud prevention through a multi-layered API architecture. Core offerings include institutional recovery solutions for hot and cold storage environments, a centralized management platform for digital asset access control, stablecoin recovery, and a certification program for digital asset security compliance. The technology stack is SOC 2 Type II certified (2025) and ISO 27005 certified, with biometric recovery functionality and black box key generation.
Coincover serves 600+ businesses and secures 22 million wallets across major platforms including Ledger, Gemini, Bybit, Gate.io, Phantom, and Fireblocks. The company has raised USD 41.7M in total funding, with a USD 30M Series B led by Foundation Capital closed in early 2025. In February 2026, Jeremy Verba was appointed CEO, with founder David Janczewski transitioning to a board and advisor role.
Products & Services
Coincover Recover for Institutions
Enterprise-grade wallet recovery solution for both hot and cold storage environments, with a 100% recovery success rate since founding.
Key Features
- 24/7 managed recovery operations
- Automated key provisioning
- Supports hot and cold storage environments
Target Users: Cryptocurrency exchanges, custodians, and financial institutions
Coincover Control
Management platform for overseeing and securing digital asset access and recovery procedures across an organization.
Key Features
- Centralized access management
- Recovery procedure management
- Digital asset security controls
Target Users: Enterprise cryptocurrency businesses and asset managers
Coincover Certified
Certification and compliance program establishing digital asset security best practices for businesses.
Key Features
- Security compliance framework
- Certification for digital asset operations
- Best practices documentation
Target Users: Cryptocurrency businesses seeking compliance credentials
Stablecoin Recover
Specialized recovery solution for stablecoin transactions and restoring access to stablecoin assets.
Key Features
- Stablecoin-specific recovery workflows
- Transaction access restoration
Target Users: Businesses and institutions managing stablecoin portfolios
Coincover Recover (Consumer)
Individual product for wallet access restoration and recovery support.
Key Features
- Individual wallet recovery
- Recovery support services
Target Users: Individual cryptocurrency holders
At a Glance
- Founded
- 2018
- Headquarters
- Cardiff, Wales, UK
- Employees
- 51-200
- Funding
- Series B
Category & Focus
- Category
- Specialty Solutions
- Subcategories
- Digital Asset Insurance Wallet Recovery Crypto Security
- Insurance Verticals
- Specialty/E&S
- Target Customers
- Carriers, Brokers, MGAs/MGUs
Customers
- Ledger
- Gemini
- Bybit
- Gate.io
- Phantom
- Fireblocks
- BitGo
Links
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Last updated: 2026-05-17