4 years ago
Bought By Many Secures $350 Million to Revolutionize Pet Insurance Market
Bought By Many, a London-based pet insurance provider, has raised $350 million in a Series D funding round led by EQT Growth
The investment values the company at over $2 billion
Bought By Many will use the funding to expand into new markets and continue investing in product innovation
The company has experienced significant growth, driven by the pandemic pet boom and its customer-centric approach.
ProblemFinancial Services
"Many pet owners struggle with the financial and emotional burden of unexpected veterinary costs, leading to difficult decisions about their pets' well-being."
Solution
"Bought By Many offers comprehensive and flexible pet insurance plans with a digital-first approach, making it easier and more affordable for pet owners to access quality care for their furry companions."