Mercury Insurance backs BurnBot

Mercury Insurance announced a strategic investment in BurnBot, a wildfire mitigation technology company.

Founded in 2022, BurnBot develops and operates robotic, data-driven systems designed to carry out hazardous fuels reduction and vegetation management at scale. The company works with public agencies, utilities, and communities to reduce wildfire risk across the wildland-urban interface.

Prior to this investment, BurnBot publicly disclosed $25 million in funding and another insurance backer is American Family via its VC arm.

Through this investment and partnership, Mercury and BurnBot will explore risk reduction strategies for communities facing wildfire risk with the goal of helping them become safer and more insurable over time. The partnership will initially focus on California, where BurnBot’s mitigation efforts are already underway, with the potential to expand over time based on results and learnings.

“Wildfire risk is a major concern for many communities and addressing it requires more than traditional approaches. Insurers have a responsibility to support mitigation and resilience initiatives. Working with BurnBot, we are increasing our understanding of how on-the-ground risk reduction translates into expanded insurance availability and improved affordability for homeowners and communities.” – Victor Joseph, President and Chief Operating Officer of Mercury Insurance.

“Mercury’s leadership in leaning into mitigation is important for the future of wildfire insurance in California and beyond. We are excited to support Mercury in building practical pathways that connect real-world risk reduction with insurance outcomes.” – Anukool Lakhina, CEO of BurnBot.