# CoverTree

> Insurtech for manufactured-home insurance — digital distribution, underwriting, and agent tools.

## Why it is interesting

Detroit specialty insurtech that raised a $13M Series A (May 2024) led by Portage, with Detroit Venture Partners and Ludlow Ventures participating — modernizing an overlooked personal-lines niche.

## Profile

- **Stage:** series-a
- **Status:** private
- **Industries:** fintech, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-26

## Key facts

- Series A (May 2024): $13M led by Portage (Business Wire)
- Participants included Detroit Venture Partners and Ludlow Ventures
- Enterprise suite: Maple, Bonsai, Sequoia for manufactured-home insurance workflows
- Detroit HQ; multi-state manufactured home product availability cited at raise

## Investors in our directory

- https://venturecapitaltracker.com/fund/detroit-venture-partners
- https://venturecapitaltracker.com/fund/ludlow-ventures

## Related articles

- https://venturecapitaltracker.com/detroit-startups-and-vc-firms-2026

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Source: https://venturecapitaltracker.com/startup/covertree