Mulberry: Closes $22M in Series B Financing

Mulberry Closes $22M in Series B Financing

• Mulberry, a NYC-based consumer-first product protection platform, closed a $22m Series B funding round
• The round was led by Commerce Ventures with participation from Hudson Structured Capital Management, Ally Bank, CreditEase, and existing investors
• The company intends to use the proceeds to scale the team, especially in engineering and customer experience, to further invest in new solutions and in their flexible ecommerce integrations
• The company delivers a customer warranty experience embedded into online retailers’ websites and offered through a Google Chrome browser extension
• With the browser extension, shoppers can get 12 months of free accident protection wherever they shop online and take advantage of the lowest rates available on longer-term plans