True Global Ventures (TGV) has announced a US$10 million investment in Covu, a Silicon Valley-based platform that uses AI for the insurance sector.

This funding round was led by TGV and included participation from existing investor Benhamou Global Ventures.

Covu’s technology provides AI-driven tools that focus on automation, risk management insights, and customer engagement to assist insurance agents.

The investment will allow Covu to enhance its AI capabilities and expand its presence in the United States market.