About Coverbase

The foundation of the modern global economy is built on a dense network of counterparty trust and risk. In the past 50 years, companies have evolved from relying on a couple of wholesalers and vendors, to utilizing 100+ SaaS vendors, contract partners, and cloud providers. Since each counterparty has their own idiosyncratic internal processes and risk profiles, businesses end up spending millions of dollars and countless man-hours conducting due diligence.

Coverbase's mission is to streamline this business-to-business assessment, reducing human toil, and allowing organizations to work together safely and reliably. We employ modern AI techniques to organize vast amounts of unstructured data and compare them against policies to identify key risks to the business. We have customers in insurance, higher education and finance including 5 of the top 25 banks in the US.

The founders are childhood friends who grew up in Singapore and moved to the US for college. Clarence was previously cofounder and CTO of Unit21, a Series C fraud tooling company that has raised ~$100M to date. Kao was an engineering manager at Stripe who helped start the Banking-as-a-Service product. We’ve raised $3.5M from a world-class set of investors and our team of 6 have build important products at Google, Mapbox and Waymo.

Role

We're seeking an MBA summer intern to complete 1 - 2 major projects over the summer of 2025 to accelerate Coverbase’s growth. You’ll experience life at a fast-moving, highly-technical company developing AI products at a time when AI is upending entire industries.

We intend to give you real responsibility and work that will substantially impact the company. There are a wide range of possible projects depending on your skillset and interests. Here are a few ideas:

• Customer success: Investigate the customer onboarding process, from pilot to go-live, diagnose bottlenecks and time sinks and implement changes to streamline the process.
• Product management: Design and organize the development of a self-help portal for our users. You’ll talk to users to determine the right form factor, coordinate the team’s efforts to write materials for the portal and roll the feature out to users.
• Operations: Organize two-day event in NYC for industry leaders. You’ll design the marketing materials, conduct outreach to participants and plan logistics for the event.

Logistics

• We treat this internship as a path towards a full-time position. As such, you should be able to join full-time no later than summer 2026.
• This will be a full-time position for 10 to 12 weeks over the summer of 2025. We’re flexible on the exact dates.
• The team is US-based and fully remote. You must be authorized to work in the US and can be based anywhere in the country for the period of the internship. We operate on Pacific time, roughly 9am to 5pm each weekday.
• The team will gather in person for a week at a location within the continental US. We’ll give plenty of notice for it, and cover flights and accommodation. We expect you to attend!
• Comp is $8-12K a month, depending on experience and skillset.

Questions?