Insights

Targeted Market CoverTree specializes in manufactured home insurance, modular and tiny homes, and ADUs in middle America, presenting a clear focus area for sales outreach to insurers, MGA partners, and distribution channels serving manufactured housing communities.

Series A Momentum Recent $13M funding led by Portage, plus participation from AV8, Distributed Ventures, and Detroit Venture Partners, signals strong investor confidence and potential for expansion partnerships, platform enhancements, and enterprise sales opportunities.

Enterprise Suite Launch of an enterprise suite indicates a move toward scalable, high-value insurance solutions for homeowners, renters, and landlords, suggesting upsell opportunities with larger carriers, brokers, and insurtech platforms.

Tech Stack Fit Utilizes modern web and core tech (WordPress, React, .NET, Socotra partnership) which aligns with partner ecosystems and integration capabilities, creating entry points for API-enabled collaborations and platform integrations.

Financial Health Reported revenue in the high tens of millions to a quarter of a billion range; strong growth potential with insurtech partnerships and manufacturing housing insurance demand, presenting opportunities for reinsurers, distributors, and tech-enabled carriers.

CoverTree Tech Stack

CoverTree uses 8 technology products and services including RSS, Vue.js, Swiper, and more. Explore CoverTree's tech stack below.

  • RSS
    Content Management System
  • Vue.js
    Javascript Frameworks
  • Swiper
    Javascript Libraries
  • jQuery
    Javascript Libraries
  • Really Simple Discovery
    Miscellaneous
  • hCaptcha
    Security
  • Material UI
    UI Frameworks
  • Gravity Forms
    Web Platform Extensions

CoverTree's Email Address Formats

CoverTree uses at least 1 format(s):
CoverTree Email FormatsExamplePercentage
First@covertree.comJohn@covertree.com
100%

Frequently Asked Questions

What is CoverTree's official website and social media links?

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CoverTree's official website is covertree.com and has social profiles on LinkedInCrunchbase.

How much revenue does CoverTree generate?

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As of July 2026, CoverTree's annual revenue is estimated to be $100M - $250M.

What is CoverTree's NAICS code?

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CoverTree's NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does CoverTree have currently?

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As of July 2026, CoverTree has approximately 53 employees across 3 continents, including North AmericaEuropeAsia. Key team members include Chief Software Architect: V. A.Engineering Manager: P. M.Software Engineer: J. W.. Explore CoverTree's employee directory with LeadIQ.

What industry does CoverTree belong to?

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CoverTree operates in the Insurance industry.

What technology does CoverTree use?

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CoverTree's tech stack includes RSSVue.jsSwiperjQueryReally Simple DiscoveryhCaptchaMaterial UIGravity Forms.

What is CoverTree's email format?

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CoverTree's email format typically follows the pattern of First@covertree.com. Find more CoverTree email formats with LeadIQ.

How much funding has CoverTree raised to date?

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As of July 2026, CoverTree has raised $25M in funding. The last funding round occurred on May 09, 2024 for $13M.

When was CoverTree founded?

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CoverTree was founded in 2020.
CoverTree logo

CoverTree

InsuranceMichigan, United States51-200 Employees

CoverTree is a Detroit-based insurtech MGA focused on property and casualty insurance for manufactured homes and related lines. It targets middle America, offering coverage for factory-built housing such as modular homes, tiny homes, and ADUs. The company emphasizes a streamlined online purchase experience and notes potential savings relative to traditional policies.

It operates within the insurtech space to address coverage for owners, renters, and landlords of manufactured homes. In May 2024, CoverTree announced the launch of an enterprise suite designed to broaden homeowners' coverage options.

Section iconCompany Overview

NAICS Code
524 - Insurance Carriers and Related Activities
Founded
2020
Employees
51-200

Section iconFunding & Financials

  • $25M

    CoverTree has raised a total of $25M of funding over 3 rounds. Their latest funding round was raised on May 09, 2024 in the amount of $13Mas a series_a.

  • $100M - $250M

    CoverTree's revenue is estimated to be in the range of $100M - $250M

Section iconFunding & Financials

  • $25M

    CoverTree has raised a total of $25M of funding over 3 rounds. Their latest funding round was raised on May 09, 2024 in the amount of $13Mas a series_a.

  • $100M - $250M

    CoverTree's revenue is estimated to be in the range of $100M - $250M

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