Tech Company Financing Transactions

CoverTree Funding Round

On 9/19/2022, CoverTree landed $10 million in funding from AV8 Ventures, Distributed Ventures and Annox Capital Management.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
The company intends to use the funds for team growth, state and product line expansion, expansion of technology that includes distribution portals and further automated underwriting, as well as investment in major partners.

Company Information

Company Status
Private & Independent
Mailing Address
4521 Highwoods Pkwy.
Glen Allen, VA 23060
Email Address
At CoverTree, we believe manufactured home insurance should be easy, modern, and affordable. So that's the way we made it. Unlike other providers, we only cover manufactured homes. It's our one and only specialty. And because we're so focused, we do it so much better--with plans you can purchase right online and savings up to 40%.
CoverTree LinkedIn Company Profile
Social Media
CoverTree Company Twitter Account
Company News
CoverTree News
CoverTree on Facebook
CoverTree on YouTube

Management Team

Email & Social
Chief Executive Officer
Adarsh Rachmale
  Adarsh Rachmale LinkedIn Profile  Adarsh Rachmale Twitter Account  Adarsh Rachmale News  Adarsh Rachmale on Facebook
Chief Technical Officer
Divyansh Sharma
  Divyansh Sharma LinkedIn Profile  Divyansh Sharma Twitter Account  Divyansh Sharma News  Divyansh Sharma on Facebook
Rishie Modi
  Rishie Modi LinkedIn Profile  Rishie Modi Twitter Account  Rishie Modi News  Rishie Modi on Facebook



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Prev: 9/19/2022: Kamari Pharma venture capital transaction
Next: 9/19/2022: Bamboo Ide8 Insurance Services venture capital transaction


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Where The Data Comes From

Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


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