Mulberry Technology

InsuranceSeries BNew York, USgetmulberry.com

Latest round

Series B

Last raised

Oct 2021

Total raised

$35M

Investors

11

About Mulberry Technology

Mulberry Technology Inc.Founded in 2018 and headquartered in New York, US, Mulberry Technology Inc. specializes in product protection services.Mulberry specializes in product protection services aimed at ensuring consumer peace of mind regarding accidental damages and losses. Their core offering includes comprehensive protection plans that can be customized for a variety of physical products, allowing customers to safeguard their purchases through streamlined, AI-powered claims processing. These plans are designed for use in various retail sectors, enhancing customer loyalty and driving conversions. The service enables shoppers to obtain protection plans up to 90 days post-purchase via white-labeled and embeddable widgets that integrate seamlessly into the purchase process.The revenue model for Mulberry revolves around subscription-based protection plans that are offered to both retailers and consumers. Retail partners can embed Mulberry’s protection widgets into their checkout processes, allowing them to offer coverage at the point of sale. Customers subscribe to these protection plans, which are aggregated into a single monthly payment covering all their purchases, thus enhancing customer retention and repeat sales. Specific pricing plans are structured to ensure affordability while allowing retailers to maintain healthy margins.Mulberry Technology Inc. plans to further enhance its service offerings with upcoming product innovations designed to improve protection plans and claims processing efficiency. The company is targeting expansion into European markets and plans to introduce new features by the end of 2024. Additionally, Mulberry Technology Inc.

Who invested in Mulberry Technology

11 investors across 3 rounds

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Funding rounds

  1. Series B

    Oct 13, 2021

    Amount

    $22M

    Investors

    Locked

  2. Series A

    Sep 2, 2020

    Amount

    $10M

    Investors

    Locked

  3. Seed

    Jun 28, 2018

    Amount

    $2.8M

    Investors

    Locked

Questions about Mulberry Technology

Who invested in Mulberry Technology?

Mulberry Technology has 11 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Mulberry Technology raised?

Mulberry Technology has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Mulberry Technology last raise money?

Mulberry Technology's most recent round on record is a Series B, in Oct 2021.

What does Mulberry Technology do?

Mulberry Technology is a insurance company.

Where is Mulberry Technology headquartered?

Mulberry Technology is headquartered in New York, US.

Which VCs invest in companies like Mulberry Technology?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Mulberry Technology's stage. Their profiles are linked below.

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