# Mulberri

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mulberri

- Industry: Insurance
- Headquarters: Sunnyvale, US
- Website: www.mulberri.io
- Total disclosed funding: $11M
- Latest round: Series A (Oct 2, 2023)
- Investors on record: 4

## About

Founded in 2021 and based in California, US, Mulberri, Inc. operates as a platform that helps brokers and PEOs access data about different business insurance products. In July 2022, Mulberri, Inc. raised USD 4 million in Seed funding from HNVR Technology Investment Management, Altamont Capital Partners, and MS&AD Ventures. As of 2022, Hamesh Chawla is the CEO of the company.

The company provides business insurance products including cyber liability, workers' compensation, employment practices liability, general liability, business owner's policy, and professional liability. The firm's partners and customers include Coalition, Coterie, Qualys, AmTrust, Totalhr, Chubb, and more.

Mulberri offers an embedded insurance platform that is built for PEOs and brokers; a marketplace to procure property and casualty lines of coverage in an automated manner; optimizes PEO business workflows and speeds client acquisition; provides risk analytics by integrating with multiple systems like HRIS, Payroll, and others; and an insurance portal for small business clients to access their policy and proof of insurance.

The organization plans to use the July 2022 funding for its growth both in infrastructure and products.

## Funding rounds

- Series A, Oct 2, 2023, $6.8M — Altamont Capital Partners, Eos Ventures, Hanover Technology Investment Management, MS&AD Ventures
- Seed, Jun 21, 2022, $4M — Altamont Capital Partners, Hanover Technology Investment Management, MS&AD Ventures

## Investors

- Altamont Capital Partners (https://capitalatlas.ai/funds/altamont-capital-partners) — Seed, Series A
- Hanover Technology Investment Management (https://capitalatlas.ai/funds/hanover-technology-investment-management) — Seed, Series A
- MS&AD Ventures (https://capitalatlas.ai/funds/ms-ad-ventures) — Seed, Series A
- Eos Ventures (https://capitalatlas.ai/funds/eos-ventures) — Series A