District Cover

District Cover

Private
Nashville, TennesseeFinTechhttps://districtcover.com

Last Round

Early Funding

Nov 12, 2025

Est. Valuation

$26M

Total Funding Raised

$13M

Momentum Score

50 /100

Company Overview

District Cover, Inc. is an insurance company that operates as a tech-enabled managing general agent (MGA) offering tailored commercial insurance policies for small businesses, particularly those in underserved urban neighborhoods.

Sector

FinTech

Verticals

InsurTech, Vertical SaaS, Compliance & Risk

Business Model

B2B2C

Customer Profile

Marketplace Commission

AI Layer

Application

Keywords

managing general agentMGAcommercial property insurancecommercial liability insurancesmall business insuranceinsurtech MGAdata-driven underwritinginsurance broker platformsurplus lines insuranceE&S insurancehyperlocal underwritingbroker distribution channelcommercial package policyurban small businesslandlord insurancepublic benefit corporation

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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District Cover Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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District Cover Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Early FundingNov 12, 2025
SeedJul 23, 2024

Key People

Founding team and executive leadership

Patrick Girouard

Founder And CEO

Founding Team

District Cover Investors

Notable investors and investment history

InvestorRounds
Andreessen HorowitzSeed, Early Funding
AnthemisSeed
Mosaic General PartnershipEarly Funding, Seed
Maschmeyer Group VenturesSeed
Impact America FundSeed, Early Funding
Greenlight ReSeed
Foxe CapitalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 22, 2026

    Grew 30% QoQ, from 20 to 26 employees.

  • Nov 12, 2025

    Raised $6M at a $26M post-money valuation.

District Cover Filings

SEC and related filings with document metadata.

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District Cover Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about District Cover's valuation, stock price, and market status.

Firmographic Details

HeadquartersNashville, Tennessee
Employee Range26
Year Founded2022
Last FundingNov 12, 2025

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