Mulberri, a business insurance platform, has raised $4 million in a seed round led by a group of investors including Hanover Technology Management, MS&AD Ventures and Altamont Capital Partners. “For far too long, business insurance has been stuck in the 20th century, and that has had major ramifications for PEOs and brokers who have wanted modern solutions, but lacked access to them,” said Hamesh Chawla, co-founder and CEO of Mulberri. “Business insurance processes have been long overdue for an overhaul,” said Jon Soberg, managing partner at MS&AD Ventures. “Mulberri recognized this problem and has developed an innovative, streamlined solution.”
Source: Insurance Business Mag