CoverTree
Insurance · Michigan, United States · 11-50 Employees
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Overview
Headquarters
1555 Broadway St Fl 3, Detroit, Michigan...Phone Number
(877) 417-8733Website
www.covertree.comRevenue
<$5 MillionIndustry
ZI Rank: 2
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ZI Rank
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About CoverTree
CoverTree is a leading insurance company specializing in manufactured home insurance, offering clients the ability to purchase policies online and save up to 40% in just three minutes. Their services include coverage for homeowners, renters, and landlords, ensuring protection for homes, personal belongings, and liability. The company aims to simplify the insurance process with quick quotes and dedicated support from live agents. CoverTree caters to a diverse clientele, including community operators, lenders, and independent agents, while also providing tailored insurance solutions for various types of homes.Explore more
CoverTree Org Chart
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Activity Insights
CoverTree is experiencing very low activity levels compared to other companies in the Insurance sector.
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CoverTree is drawing exceptional interest within the Insurance industry, suggesting notable developments or strong market momentum, learn more about CoverTree.
CoverTree financials insights
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2022
Angel/Seed
$10M
2024
Series A
$13M
CoverTree Tech Stack
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Product Marketing, Events, Sales, Software, Field /Outside Sales, Corporate Strategy, Field Marketing, Finance, Industry Software, Risk
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CoverTree News & Media
CoverTree Partners With Socotra to Launch Easy and Affordable Insurance for the Underserved Manufactured Home Market
AUSTIN--(BUSINESS WIRE)--CoverTree, an insurtech MGA based in Michigan, partnered with Socotra, the core platform provider of choice for innovative insurers, to launch easy and affordable insurance for owners, renters, and landlords of manufactured homes. With Socotra, CoverTree can now automate 92% of its applications with straight-through processing, enabling their customers to purchase a policy online in less than three minutes and save up to 40% in premiums. Traditionally, manufactured homeCoverTree Announces $10M Funding, Launches Home Insurance - Fintech Finance
CoverTree, today announced the launch of insurance coverage in Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and TennesseeCoverTree Announces $10M in Funding, Launches Pioneering Digital Manufactured Home ...
CoverTree, one of the first ever digital insurance solution for residents of manufactured homes, today announced the launch of insurance coverage in ACoverTree Raises $10M in Seed Funding
CoverTree, a Detroit, MI-based digital insurance solution for residents of manufactured homes, raised $10 million in seed funding. The round was co-led by AV8 Ventures and Distributed Ventures with participation from Detroit Venture Partners, Ludlow Ventures, and Annox Capital. The company intends to use the funds for team growth, state and product line expansion, expansion […] The post CoverTree Raises $10M in Seed Funding appeared first on FinSMEs.
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CoverTree is a leading insurance company specializing in manufactured home insurance, offering clients the ability to purchase policies online and save up to 40% in just three minutes. Their services include coverage for homeowners, renters, and landlords, ensuring protection for homes, personal belongings, and liability. The company aims to simpli... Read More
