Friday, May 3, 2024
Friday, May 3, 2024
HomePet Industry NewsPet Insurance NewsRainwalk raises $4 million

Rainwalk raises $4 million

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Rainwalk Technology, See full firm profile

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the white-label pet insurance coverage know-how supplier, has raised $4 million in Seed funding led by ManchestorStory with participation from Insurtech Gateway, Bridge Investments, Seaplane Ventures, and several other insurance coverage and reinsurance executives.

Based in Columbia, SC, Rainwalk is on a mission to “dramatically improve market penetration” by investing in new, different, and tech-forward distribution channels “historically overlooked by incumbents.” The startup presents companions a white label answer that enables them to supply protection to their prospects.

Rainwalk additionally sells insurance coverage on to shoppers and protection is underwritten by Incline Casualty Company.

“Since I first met Josh during the Global Insurance Accelerator (GIA) in 2021, I knew Rainwalk had the potential to change the adoption of pet insurance in the U.S. Josh and the strong industry team he’s built since are doing just that. At ManchesterStory, we invest in game changers, and we knew we had to partner with them to fuel growth.” – Nicole Gunderson, Principal at ManchesterStory, and former Managing Director on the GIA.

“By prioritizing thoughtful product design, seamless pet insurance integrations and exceptional operations support, our team has demonstrated continued channel growth opportunities that are scalable and cost-effective. We’re relentlessly committed to being an industry-leading pet health insurtech, and we’re thrilled to grow our capabilities alongside new investors who share our vision.” – Joshua Snead, Founder and CEO of Rainwalk Technology.

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