Artificial Intelligence | Machine Learning CoverTree | Manufactured Home Insurance


Enterprise, Manufactured Home Insurance, Insurance Clams, Insurance Renewal, Insurance Data Detroit, Michigan, United States

CoverTree

Artificial Intelligence | Machine Learning


CoverTree | Manufactured Home Insurance

CoverTree

Manufactured Home Insurance, Insurance Clams, Insurance Renewal, Insurance Data


Detroit, Michigan, United States

CoverTree Inc is a P/C Insurtech MGA focused on middle America and specialty insurance lines. We believe manufactured home insurance should be easy, modern, and affordable. So that’s the way we made it. If it's built in a factory (including modular homes, tiny homes, ADUs), we help insure it. And because we’re so focused, we do it so much better—with plans you can purchase right online and savings up to 40%.

Dwelling coverage refers to the coverage in your basic policy that insures your manufactured home, also known as your dwelling. This coverage insures the home you live in, plus any attached structures (your garage, for example), from covered events listed in your manufactured home insurance policy. Some of these covered events include vandalism, theft, windstorms, and others. Personal Property covers your personal belongings – the things that you own. If you own a manufactured home, there is undoubtedly a lot of value in your personal belongings, and you need to make sure that value is proPersonal Liability coverage is a component of your homeowner’s insurance that protects you from paying out of pocket if you are held legally responsible for injury of property damage to a 3rd party. For example, if someone trips in your yard and injures their back, they may sue you. Personal Liability coverage will pay for legal bills, settlements, court costs, lawsuit judgments, and other costs, up to your coverage amount.tected. Personal property coverage helps you replace your personal items in the event of loss, such as theft or in a fire. 

 

B2B

26 to 50

Seed

$10M

Scaling Up

2020

 
 

Insurance

Manage Policy Online
File Claim in 3 Minutes

Increase Efficiency

 
 

Analytics
Finance
Service

Yes

Active

 
 

   Machine Learning


Insurance Platform

Insurance Platform


Text

Text

Structured

Structured

 

   Software


Java Spring Boot

Java Spring Boot

Python

Python

C/C++

C/C++

PostgreSQL

PostgreSQL

DocumentDB

DocumentDB

Docker

Docker

Git

Git

Typescript

Typescript

Django

Django


Machine Learning Algorithm

Machine Learning Algorithm

Deep Learning Algorithm

Deep Learning Algorithm

 
 

5

1

$10M

Company was founded 2020 and it took almost 2 years (Sep 2022) to raise first external round

 
 

Date

Round

$ Raised

Investors

09/20/2022

Seed

$10M

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

Date : 09/20/2022

Round: Seed

$ Raised: $10M

Investors: AV8 Ventures, Distributed Ventures, Detroit Venture Partners, Ludlow Ventures, Annox Capital

 

Investors

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Adarsh Rachmale

Adarsh Rachmale
CEO

Rishie Modi

Rishie Modi
Co-Founder, COO

Divyansh Sharma

Divyansh Sharma
Co-Founder, CTO

 
 

Potential Customers

Interested in what they do or partnership?

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