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COVERTREE

Detroit, MI

CoverTree offers a digital insurance solution for manufactured home residents. The company's primary goal is to bring digital distribution, automated underwriting, and data-driven pricing to specialty personal lines of insurance. CoverTree’s manufactured home product is available in Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and Tennessee. The company is headquartered in Detroit, Michigan.

covertree.com

Company Details

Founded

2020

Employees

Between 20 - 50 employees

Raised

$23,000,000

Headquarters Location

Detroit, MI

Public

No

Acquired

No

CEO

Adarsh RachmaleAdarsh Rachmale

Founders

Adarsh Rachmale
Adarsh Rachmale
Divyansh Sharma
Divyansh Sharma
Rishie Modi
Rishie Modi

Company Collections

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COVERTREE's Industries

COVERTREE's Tech Stack

COVERTREE Headquarters Location

1555 Broadway Street Fl 3, Detroit, MI 48226-2160

Total Amount Raised: $23,000,000

COVERTREE Funding Rounds

  • Series A

    $13,000,000

    Series A Investors

    Portage3 Ventures
    Annox Capital
    Ludlow Ventures
    Distributed Ventures
    Detroit Venture Partners
    AV8 Ventures

  • Seed

    $8,000,000

    Seed Investors

    AV8 Ventures
    Distributed Ventures
    Detroit Venture Partners
    Ludlow Ventures
    Annox Capital

  • Pre Seed

    $2,000,000

    Pre Seed Investors

    Detroit Venture Partners
    Annox Capital
    Ludlow Ventures
    Everywhere Ventures
Funding info provided by Diffbot.

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