Napo, a UK-based pet insurance provider, raised GBP 15 million (~USD 17.6 million) in a Series A funding round led by DN Capital. The company’s total funding following this round stands at GBP 17 million (~USD 20 million).
It aims to use the fresh funds to increase the scale and speed of its product rollout.
Formed in 2021, Napo offers pet insurance and 24/7 online vet consultations. It also offers other resources such as expert-led live classes to help pet parents train their dogs. As of November 2022, the company claims to have insured over 35,000 pets.
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