AI-Driven Insurance Platforms, Mulberri and, Secure Significant Funding for Global Expansion

December 13, 2023
In recent developments, two AI-driven insurance platforms, Mulberri and, have successfully raised significant funding, marking a notable advancement in the insurance technology sector.

Mulberri, an innovative AI-driven embedded business insurance platform targeting small and medium enterprises, recently announced a USD 6.75 million Series A funding round. This investment, led by Eos Venture Partners, where General Partner Zach Powell will join Mulberri's board, underscores the growing interest in AI-enhanced insurance solutions. CEO Hamesh Chawla emphasized Mulberri's focus on providing data-driven risk management through partnerships, notably with Vensure Employer Services and Prism HR.

In parallel,, under the leadership of CEO Roi Amir, secured £5.4 million to expand its AI insurance claims automation services globally. This London-based company, backed by Amadeus Capital Partners and Praetura Ventures, specializes in claims process automation, significantly reducing claim handling costs and settlement times. Its client list includes major players like AdvanceCare, MetLife, and Generali​.

The focus on AI for small and medium enterprise insurance solutions and claims automation reflects key growth factors, addressing the need for efficient risk management and operational cost reduction. Restraints in this market could include the complexity of AI integration and regulatory challenges in different global markets. The involvement of major venture capital firms and their expansion into new territories, such as the US, signify the potential for significant market growth in the coming years.


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Mulberri's recent announcement of a USD 6.75 million Series A funding round, led by Eos Venture Partners, highlights the increasing interest in AI-driven insurance solutions for small and medium enterprises. secured £5.4 million for global expansion of its AI insurance claims automation services


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