Mulberri
Mulberri is an AI-native insurtech platform that automates underwriting, certificate management, and compliance for MGAs, carriers, PEOs, and brokers via its GenAI OS and five-agent workflow suite.
- Company typePrivate
- Founded2021
- HeadquartersSunnyvale, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Mulberri does
Mulberri is an AI-native insurance technology company founded in 2021 and headquartered in Sunnyvale, California, with an engineering and development office in Noida, India. The company builds an agentic underwriting platform — branded as GenAI OS — that automates the insurance lifecycle from submission ingestion through underwriting, certificate of insurance (COI) management, and compliance auditing. Its modular suite includes IngestBerri for unstructured data extraction, UWBerri for AI-powered underwriting and risk prediction, CertBerri for automated COI issuance and renewals, AuditBerri for portfolio compliance, and Risk Insight for external data enrichment (SOS records, OSHA filings, Tax-ID checks, aerial maps, social sentiment). A layer of five specialized AI agents (Ingestion, Qualification, Data Enrichment, Triage, Audit), orchestrated via CrewAI's multi-agent framework, sits beneath these modules.
The platform is sold primarily through enterprise SaaS subscriptions to Managing General Agents (MGAs), insurance carriers, and brokers, complemented by embedded distribution through Professional Employer Organizations (PEOs) and HR/payroll platforms such as PRISM HR. Named enterprise partners include Paychex PEO, VensureHR, Trion Solutions, and INFINITI HR. Mulberri also operates a Cyber Insurance MGA underwritten by Lloyd's of London (with Park National Insurance Company as carrier, placed by Acrisure Re), distributing fixed-premium cyber policies with $250,000 and $500,000 limits directly to small and medium businesses. The company has raised approximately $10.75 million across a 2022 seed round and a December 2023 Series A led by Eos Venture Partners, with participation from Altamont Capital Partners, Hanover, and MS&AD Ventures, and is led by co-founders Hamesh Chawla (CEO) and Yong Zheng (CTO).
Mulberri firmographics
Firmographics- Name
- Mulberri
- Legal name
- Mulberri, Inc.
- Website
- https://mulberri.io
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Mulberri is an AI-native insurtech platform that automates underwriting, certificate management, and compliance for MGAs, carriers, PEOs, and brokers via its GenAI OS and five-agent workflow suite.
- Ownership category
- akta.pro rank
Mulberri industry classification
Industry- Product category
- Insurance Technology (InsurTech)
- NAICS
- Software Publishers (513210)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
- akta.pro secondary industries
- Insurance Program Administration & MGA/MGU Services (FSAEADAK), Digital Distribution & Comparison Platforms (Aggregators/Marketplaces) (FSAGAGAA)
Keywords
Where Mulberri is headquartered
LocationHeadquarters
- HQ city
- Sunnyvale
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Mulberri business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- SaaS Platform Subscription: Mulberri operates as a SaaS platform providing AI underwriting tools to MGAs and carriers on a subscription basis. The platform automates submission intake, risk assessment, certificate management, and compliance workflows for insurance underwriting teams.
- Embedded Insurance Products: Mulberri launched its own Cyber Insurance MGA underwritten by Lloyd's of London with Park National Insurance Company. The company earns premiums and commissions on cyber insurance products placed through its platform for SMB clients. Additional insurance products include workers compensation and other commercial lines.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Mulberri product offering
Product offeringCore offering
Mulberri sells an Agentic AI-powered underwriting platform (GenAI OS) for Managing General Agents (MGAs), insurance carriers, brokers, and Professional Employer Organizations (PEOs). The platform comprises integrated modules (IngestBerri, UWBerri, CertBerri, AuditBerri, Risk Insight) that automate submission intake, data ingestion, risk assessment, certificate of insurance management, and compliance auditing. The company also operates its own Cyber Insurance MGA, underwritten by Lloyd's of London, distributing cyber policies to small and mid-sized businesses.
Product overview
Mulberri is an Agentic AI-powered insurance platform for MGAs consisting of a unified GenAI OS with four integrated modules: IngestBerri for data ingestion and extraction, UWBerri for AI-powered underwriting and risk assessment, CertBerri for certificate of insurance automation, and AuditBerri for compliance and portfolio auditing. The platform also includes Risk Insight for external data enrichment and Berri Agents framework for workflow automation. Built around a GenAI operating system, the platform claims 10x faster submission cycles, 80% fewer manual touchpoints, and 95% reduction in decision errors. The company also operates a Cyber Insurance MGA product underwritten by Lloyd's of London.
Differentiator
Problem solved
Functional benefit
Products and services
- GenAI OS Platform Mulberri's core AI operating system powering the entire underwriting automation platform for MGAs, carriers, and brokers. Delivers agentic workflows for submission intake, risk assessment, certificate management, and compliance.
- IngestBerri AI-powered data ingestion module that extracts and transforms unstructured data from PDFs, Excel sheets, emails, and web data into structured, actionable insights for underwriting workflows. Reduces manual data entry by up to 90%.
- UWBerri AI-powered underwriting module that pre-qualifies, enriches, and triages insurance submissions. Delivers 90% reduction in manual effort, 85% rapid enrichment, 70% faster quoting, and 35% lower operations cost.
- CertBerri Certificate of Insurance automation module handling COI issuance, renewals, and compliance. Features LLM-powered certificate generation, a self-service portal for clients, and automated renewal processing.
- AuditBerri Compliance and audit automation module that performs automated compliance checks, identifies inefficiencies, corrects inconsistencies, and delivers portfolio-wide insights to ensure underwriting decisions align with guidelines.
- Risk Insight External data enrichment module providing instant access to SOS records, OSHA compliance, Tax-ID checks, aerial maps, and social media sentiment to build a 360-degree risk profile.
- AI Risk Engine Machine learning-powered risk assessment engine for workers compensation underwriting. Predicts claim propensity, claim frequency, claim severity, and loss ratio using models trained on millions of firmographic and historical loss data points.
- Mulberri Cyber Insurance MGA Embedded cyber insurance product for small and mid-sized businesses underwritten by Lloyd's of London. Offered with $250,000 and $500,000 policy limits, fixed premiums, and simplified enrollment requiring only one question plus one signature.
Quantifiable outcome
- 10x faster submission cycle time
- +7 more outcomes
Companies that use Mulberri
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Mulberri technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability9 records
Feature8 records
Mulberri partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- OmnyycoreStrategic partnership between Mulberri and Omnyy aimed at modernizing underwriting operations for UK SME and commercial risks. This partnership extends Mulberri's reach into the UK market and combines Omnyy's capabilities with Mulberri's AI underwriting platform.
- VensureHRcoreVensureHR, one of the nation's largest PEOs, collaborated with Mulberri to launch the Certificate of Insurance platform. The platform helps PEOs generate COIs for small and mid-sized businesses efficiently. VensureHR uses Mulberri's automated COI platform integrated with their payroll systems.
- Trion SolutionscoreTrion Solutions, one of the largest PEOs and the largest certified minority-owned PEO in the United States, partnered with Mulberri to launch the COI Platform. This partnership addresses industry demand for improved efficiency and enhanced customer experience in COI management.
- INFINITI HRcorePartnership through National Alliance Program with INFINITI HR to help franchisors and franchisees protect their brands from cyber and joint-employer liability risk using Mulberri's secure, cloud-based AI platform.
- Lloyd's of LondoncoreMulberri Cyber Insurance is underwritten by Lloyd's of London with Park National Insurance Company as the carrier, placed by Acrisure Re. This enables Mulberri to offer regulated cyber insurance products in all US states.
- Park National Insurance CompanycoreCarrier partner for Mulberri's Cyber Insurance MGA, providing the insurance capacity and regulatory backing for Mulberri's cyber products.
- Acrisure RecoreReinsurance partner (division of top-10 global fintech provider Acrisure) that placed Mulberri's cyber insurance program with carriers.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Mulberri competitors and assessment
Company assessmentDirect peers
- Planck: AI-powered commercial insurance underwriting data platform that ingests unstructured business data to automate underwriting decisions for carriers and MGAs, directly competing with Mulberri's UWBerri and Risk Insight capabilities.
- Cytora: AI commercial insurance underwriting platform that uses LLMs and risk signals to digitize submission intake, triage, and risk evaluation for commercial insurers and MGAs, overlapping directly with Mulberri's agentic underwriting workflow.
- Hyperexponential: AI pricing and portfolio decisioning platform for specialty insurers and MGAs, comparable to Mulberri's predictive risk engine for underwriting and portfolio management in commercial lines.
- Chisel AI: NLP and AI solution for commercial insurance submission triage, quote comparison, and policy checking, directly comparable to Mulberri's IngestBerri and AuditBerri modules for MGA workflows.
- Next Insurance: Digital SMB-focused commercial insurance carrier/MGA offering embedded workers comp, general liability, and cyber products, comparable to Mulberri's cyber MGA and embedded distribution thesis through partners like PEOs.
- Coterie Insurance: API-first embedded commercial insurance provider focused on small businesses, distributed through partners including PEOs, directly comparable to Mulberri's embedded cyber product and PEO-first go-to-market.
- Pie Insurance: Workers compensation-focused insurtech MGA using data and technology to price and serve small business policies, comparable to Mulberri's initial AI Risk Engine focus on workers comp underwriting for MGAs and PEOs.
- Embroker: Digital commercial insurance brokerage using technology to streamline placement for SMBs and mid-market, overlapping with Mulberri's broker-facing distribution and certificate management capabilities.
- CoverWallet: Digital commercial insurance platform (an Aon company) providing online quoting, binding, and certificate management for SMBs, comparable to Mulberri's CertBerri and broker digitization capabilities.
Broad incumbents
- Vertafore: Largest US insurance industry software provider offering agency management, rating, and carrier connectivity platforms, representing the incumbent ecosystem that Mulberri's AI underwriting platform aims to disrupt and integrate with.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights6 records
Customer concentration
Mulberri social profiles
Digital presenceMulberri financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mulberri leadership team
Management profileNumber of profiles
Profiles11 records
Mulberri funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mulberri M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mulberri
What does Mulberri do?
Mulberri sells an Agentic AI-powered underwriting platform (GenAI OS) for Managing General Agents (MGAs), insurance carriers, brokers, and Professional Employer Organizations (PEOs). The platform comprises integrated modules (IngestBerri, UWBerri, CertBerri, AuditBerri, Risk Insight) that automate submission intake, data ingestion, risk assessment, certificate of insurance management, and compliance auditing. The company also operates its own Cyber Insurance MGA, underwritten by Lloyd's of London, distributing cyber policies to small and mid-sized businesses.
Is Mulberri a public or private company?
Mulberri is a private company. It is classified as venture growth investor backed and is currently operating.
When was Mulberri founded?
Mulberri was founded in 2021. It employs 11 to 50 people.
Where is Mulberri based?
Mulberri is headquartered in Sunnyvale, United States, in the North America region.
How does Mulberri make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are embedded Insurance Products.
Who are Mulberri's main competitors?
Direct peers on record are Planck, Cytora, Hyperexponential, Chisel AI, Next Insurance, Coterie Insurance, Pie Insurance, Embroker and CoverWallet. Vertafore is listed as a broad incumbent.
Does Mulberri have an API?
No public API is recorded for Mulberri.
What industry is Mulberri in?
Mulberri's product category is Insurance Technology (InsurTech). Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS), with a secondary code of FSAEADAK, Insurance Program Administration & MGA/MGU Services. Its NAICS code is 513210 and its SIC code is 6411.