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Rashmi Melgiri

Co-founder/CEO Functional Finance

Rashmi Melgiri is a prominent figure in the tech industry, best known as the Co-Founder of CoverWallet, a tech company revolutionizing the small business commercial insurance sector with a significant focus on innovation and customer-centric solutions. Founded in 2016, CoverWallet successfully secured $60M in funding from notable investors like USV, Foundation, Index Ventures, Two Sigma, Founder Collective, Hank Greenberg (AIG/Starr), and Highland. Under Rashmi's leadership, CoverWallet grew to employ about 400 individuals and amassed a substantial customer base nationwide, leading to its acquisition by Aon in January 2020.

With a passion for advocating women's leadership, Rashmi Melgiri has actively participated as a speaker at various conferences, standing out as a vocal supporter for gender diversity in the tech realm. Her remarkable contributions have been acknowledged by prestigious platforms, including being recognized as one of the 42 outstanding women in tech in 2017 by TechCrunch and being a part of the esteemed 'Crain's 40 Under 40' Class of 2018. Rashmi's educational background includes a bachelor's degree in Economics from the renowned Massachusetts Institute of Technology (MIT) and an MBA from MIT Sloan School of Management.

Beyond her noteworthy tenure at CoverWallet, Rashmi has designated her efforts towards launching a new venture, promising further advancements in the tech industry. Her professional journey encompasses past roles such as Co-founder/CEO at Functional Finance, Manager at Altman Vilandrie & Company, Consultant at Altman Vilandrie & Company, and Associate at CRA International, reflecting her diverse expertise and extensive experience within the corporate landscape.

Highlights

Functional Finance Aims To Improve Insurance Industry With Tech Update | Crowdfund Insider - Crowdfund Insider
Functional Finance Aims To Improve Insurance Industry With Tech Update | Crowdfund Insider - Crowdfu
Aug 3 · PR Newswire
Insurtech Startup Functional Finance Raises $8 Million to Further ... - PR Newswire
Insurtech Startup Functional Finance Raises $8 Million to Further ... - PR Newswire
Rashmi Melgiri
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Location

Kirkland, Washington, United States