Car Insurance Lead Gen Start-Up placed first in DukeGEN pitch event at Dogpatch Labs in New York City. The Company also named Adam Jackson as its first official Advisor.

San Francisco, CA - November 2, 2010

CoverHound, a new Auto Insurance lead generation company, placed first in a recent investor pitch event held at Dogpatch Labs in New York City on October 19th. The event, sponsored by the Duke Global Entrepreneurship Network (DukeGEN), featured eight start-ups selected from a pool of 39 applicants in the Duke entrepreneurship community.

The investor panel included Chris Fralic (First Round Capital), Rob Go (NextView Ventures), Mark Peter Davis (DFJ Gotham), Kal Vepuri (The Trisiras Group), and Peter Flint (Polaris Ventures).

"This was an extremely competitive group of presenters, and we’re thrilled that such an accomplished panel of judges saw the value in what CoverHound is bringing to the insurance marketplace,” said CoverHound founder Basil Enan, who represented the San Francisco-based company at the event. “We’ve made a ton of progress since we got started only four months ago and winning this event has really helped us take the first steps towards bringing in additional capital so that we can keep up the momentum."

CoverHound also has named its first formal advisor, Adam Jackson. Adam is a co-founder of DriverSide, an automotive start-up that provides resources for drivers to better maintain their vehicles. He has a strong background in technology for Internet-based companies. In 2004, he founded MarketSquare.com, which was later acquired by Intuit.

"We are honored to have Adam as an advisor,” Enan said. “His wealth of experience in the online automotive space will be of huge value to us as we work to make online auto insurance shopping easier and more effective."

About CoverHound, Inc --- CoverHound has created an innovative model to connect consumers looking for auto insurance coverage with national carriers and local agents. The service is currently available in all 50 states, and the District of Columbia.

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