MGT Insurance Raises $21.6M Series B Led by Mubadala Capital
•October 17, 2025
•Oct 17, 2025
Deal Summary
MGT Insurance, an AI-native neo-insurer modernizing commercial P&C for small businesses, closed a $21.6M Series B round led by Mubadala Capital with participation from Clocktower Ventures, Tacora Capital and existing investors. Proceeds will fund R&D and product expansion.
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