About Mulberri
Mulberri is a Financial Services company based in Sunnyvale (United States) founded in 2021 by Imam S, Hamesh Chawla, and Vipin Vindal. Mulberri is focused on AI-driven commercial insurance solutions. It operates on a AI-as-a-Service and SaaS (Software-as-a-Service) model. Mulberri has raised $10.8 million across 2 funding rounds from investors including Eos Venture Partners, Hanover Technology Investment Management and MS&AD Ventures. Its chief executive is Hamesh Chawla. Its Indian entity Mulberri India Development Center Private Limited reported revenue of ₹3.03 Cr. Mulberri offers products and services including IngestBerri, UWBerri, CertBerri, and AuditBerri. Its focus areas include Technology, InsurTech and AI-Driven Insurance Solutions. Its competitors include Wefox, Stubben Edge, Zywave, Keystone Agency Partners and Sixfold and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Mulberri is engaged in transforming the commercial insurance industry through its GenAI OS Platform. Comprehensive data ingestion, smart underwriting, and embedded integrations are provided to enhance efficiency. Solutions are offered for underwriters, brokers, and producers to streamline routine tasks, automate processes, and improve client experiences. Sectors such as InsurTech are targeted with innovative tools like IngestBerri, UWBerri, CertBerri, and AuditBerri, addressing challenges in data fragmentation, pricing risks, and certificate management.
- Headquarters Sunnyvale, United States
- Founders Imam S, Hamesh Chawla, Vipin Vindal
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website mulberri.io
- Social LinkedIn X Instagram
- Legal Name Mulberri India Development Center Private Limited
- Date of Incorporation 18 Sep, 2024
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹3.03 Cr
FY 2025
- Net Profit₹20.6 Lakh
FY 2025 · 7% margin
- EBITDA₹30.5 Lakh
FY 2025 · 10% margin
- Total Equity Funding$10.8M (USD)
in 2 rounds
- Latest Funding Round$6.8M (USD), Series A
Oct 2023
- InvestorsEos Venture Partners
& 3 more
Associated legal entities of Mulberri
Mulberri operates through Mulberri India Development Center Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mulberri India Development Center Private Limited CIN U62013UP2024FTC209364 | Active | 18 Sep 2024 | Noida, Uttar Pradesh | ₹3.0 Cr | – | 2 | View details |
Products & Services of Mulberri
Mulberri offers a comprehensive portfolio of products and services, including IngestBerri, UWBerri, CertBerri, and AuditBerri.
Unstructured data is transformed into actionable business insights.
AI-driven risk predictions are provided for underwriting precision.
Certificate issuance and renewals are automated for efficiency.
Compliance checks are automated with real-time business insights.
Funding Insights of Mulberri
Mulberri has successfully raised a total of $10.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.8 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.8M
- Total Rounds 2
- Last Round Series A — $6.8M
- First Round $4M
(Jul 2022)
- Investors Count 4
All 2 funding rounds of Mulberri with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $6.8M | Series A | – | Eos Venture Partners | |
| Jul 2022 | $4M | Seed | – | Hanover Technology Investment Management, MS&AD Ventures | – |
4 investors in total: 4 institutional.
Investors in Mulberri
Mulberri has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Eos Venture Partners, Hanover Technology Investment Management and MS&AD Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Eos Venture Partners is focused on insurance technology investments. | – | eosventurepartners.com | London, United Kingdom | |
Early-stage tech-focused VC firm investing primarily in the US | – | hnvr.com | Menlo Park, United States | |
Venture capital firm focused on seed to series B stage companies | – | msad.vc | Menlo Park, United States | |
Private equity firm investing in lower-middle market companies across Industrials, Business Services, Financial Services, and Franchising & Multi-Unit sectors. | – | altamontcapital.com | - |
Investor details for Mulberri
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Board of directors of Mulberri India Development Center Private Limited (Mulberri)
Mulberri India Development Center Private Limited is the primary company behind Mulberri. The board of Mulberri India Development Center Private Limited currently have 2 directors; the longest-serving is Hamesh Vijay Chawla, appointed in 2024. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hamesh Vijay Chawla DIN 08474005 | Non- Individual Subscriber | 18 Sep 2024 | 2 yrs 1 mo | Mulberri India Development Center Private Limited |
| Rohit Mehta DIN 00394970 | Director | 18 Sep 2024 | 2 yrs 1 mo | Mulberri India Development Center Private Limited |
People of Mulberri
8 people are tracked at Mulberri (7 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Imam S | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Vipin Vindal | Co-Founder | Leadership |
Maura Ramil | Vice President | Leadership |
Princy Jain | Chief Results Officer | Leadership |
Eric Regan | VP Of Sales | Leadership |
Yong Zheng | Co-founder & CTO | Leadership |
Radhika Garg | Manager - HR | Team |
Complete people profiles for Mulberri
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Financials of Mulberri
Figures of Mulberri India Development Center Private Limited, the primary company behind Mulberri, for FY 2025. Revenue was ₹3.03 Cr. Net profit was ₹20.6 Lakh (7% margin). EBITDA was ₹30.5 Lakh (10% margin).
- ₹3.03 CrRevenue · FY 2025
- ₹20.6 LakhNet profit · 7% margin
- ₹30.5 LakhEBITDA · 10% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mulberri India Development Center Private Limited are on its company page.
Detailed financial statements for Mulberri
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Mulberri
3 dated milestones of Mulberri across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Mulberri is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series A, of $6.8M.
Competitors of Mulberri
Mulberri has 9 listed competitors in our database, 7 of them funded. They include Wefox, Stubben Edge, Zywave, Keystone Agency Partners and Sixfold, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wefox.com | 2015 | Berlin, Germany | $1.61B | 394 | App-based P&C insurance comparison platform for individuals | |
| stubbenedge.com | 2010 | London, United Kingdom | $37.1M | 63 | Cloud-based management solutions are provided for insurance brokers. | |
| zywave.com | 1995 | Milwaukee, United States | – | 679 | Cloud-based agency management solutions are provided for the insurance industry. | |
| keystoneagencypartners.com | 2020 | Harrisburg, United States | – | 418 | Insurance agency management solutions are provided to the industry. | |
| sixfold.ai | 2023 | New York, United States | $21.5M | – | AI-based generative tools provider for insurance underwriters | |
| iprism.co.uk | 2006 | London, United Kingdom | $11.92M | 42 | SME insurance portfolios are managed via an online broker platform. | |
| agentero.com | 2017 | Berkeley, United States | $23.5M | – | App-based management solutions for insurance agents are offered. | |
| useindio.com | 2015 | San Francisco, United States | $30M | 67 | SaaS-based solutions for commercial insurance agency management are offered. | |
| covu.com | 2004 | Redwood, United States | $48.5M | – | Provider of insurance agency management solutions |
Detailed competitors of Mulberri
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Web traffic of Mulberri
The website of Mulberri (mulberri.io) receives about 4.1K visits a month.
- Monthly visits4.1K
Top companies in Insurance Technology & Support Services
10 companies that operate in the same segment as Mulberri (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | 699 | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Uusimaa, Finland | USD 1.25 B | USD 111.51 M | 1,156 | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | 649 | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 215 M | – | 109 |
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Related news about Mulberri
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Frequently Asked Questions about Mulberri
Mulberri was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Mulberri is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Hamesh Chawla is the current CEO of Mulberri. They have also founded this company.
Mulberri is a funded company, having raised a total of $10.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Jul 2022.
The primary company behind Mulberri, Mulberri India Development Center Private Limited, reported revenue of ₹3.03 Cr for FY 2025.
Mulberri is engaged in transforming the commercial insurance industry through its GenAI OS Platform. Comprehensive data ingestion, smart underwriting, and embedded integrations are provided to enhance efficiency. Solutions are offered for underwriters, brokers, and producers to streamline routine tasks, automate processes, and improve client experiences. Sectors such as InsurTech are targeted with innovative tools like IngestBerri, UWBerri, CertBerri, and AuditBerri, addressing challenges in data fragmentation, pricing risks, and certificate management.
Mulberri's top competitors include Wefox, Stubben Edge and Agentero.
Mulberri offers IngestBerri, UWBerri, CertBerri, and AuditBerri.
Mulberri has 4 investors. Key investors include Eos Venture Partners, Hanover Technology Investment Management, MS&AD Ventures, and Altamont Capital Partners.
Mulberri operates through Mulberri India Development Center Private Limited.
The legal entities of Mulberri currently have 2 directors, including Hamesh Vijay Chawla, Rohit Mehta.