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