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HomePet Industry NewsPet Insurance NewsCompanion Protect Closes $27M Series A Financing

Companion Protect Closes $27M Series A Financing

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Companion Protect

Companion Protect, a Leawood, KS-based pet insurance coverage and pet wellness administration firm, raised $27M in Series A funding.

The spherical was led by Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, in addition to Stray Dog Enterprises.

The firm intends to make use of the funds to speed up product and companion growth, together with digital innovation in claims processing geared toward enhancing the client expertise.

Led by Chuck Laue, Founder and CEO, Companion Protect is a nationwide B2B2C pet insurance coverage and pet wellness program administrator for manufacturers throughout property and casualty insurers, worker advantages suppliers, retail, affinity, and animal welfare channels. It offers pet well being merchandise which leverage its PALS® expertise platform to supply insurers and policyholders with a user-friendly expertise.

Companion Protect has launched pet insurance coverage applications for private traces insurance coverage corporations together with Liberty Mutual, Safeco, and CSAA Insurance Group, and building a pet insurance coverage program for animal shelters, rescues, and animal shelter software program suppliers. Several extra program launches are slated for late-2023 and past throughout retail, worker advantages, and conventional property and casualty channels.

FinSMEs

27/08/2023

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