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MGT Insurance Raises $21.6M Series B Led by Mubadala Capital
Series BAIVenture Capital

MGT Insurance Raises $21.6M Series B Led by Mubadala Capital

•October 17, 2025
•Oct 17, 2025
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Participants

MGT

MGT

company

Clocktower Ventures

Clocktower Ventures

investor

Tacora Capital

Tacora Capital

investor

Mubadala Capital

Mubadala Capital

investor

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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