Mulberri expands COI platform to target P&C B2B partners

Mulberri is promoting its Certificate of Insurance (COI) Platform to P&C B2B partners, with a focus on reaching insurance carriers and brokers. The platform offers key features such as COI creation, administration, renewals, as well as reporting and compliance tools.

This is an extension of Mulberri’s original mission to enable HR, benefits, and payroll providers to offer a variety of insurance products to their SMB customers. The coverages offered include workers’ comp, cyber, and BOP.

Founded in 2021, the California startup raised $17.5 million but has seen its team shrink by 27% over the past year, leaving it with 11 employees, according to LinkedIn. In February, Co-founder and Chief Product Officer Imam Sheikh, along with Vice President of Engineering & AI Moiz Dohadwala, departed to build a network security company called ArmorxAI.

Investors include Altamont Capital Partners, Eos Venture Partners, Hanover Technology Investment Management, and MS&AD Ventures.