Trupanion nabs $ 9M, looks to expand pet insurance pawprint
News from GeekWire:

People love their pets, but anyone who has taken their beloved Fido or Felix to the veterinarian lately knows that medical costs can add up fast.

Trupanion is hoping that it can help alleviate some of the sticker shock at the vet’s office. And now the Seattle company has reeled in an extra $ 9 million in venture capital financing from Maveron and Highland Consumer Fund to help achieve that goal.

Total funding in the 11-year-old company — which employs 190 people in North America — stands at $ 37 million. It plans to use the cash to expand its national sales effort.

Trupanion’s service covers 90 percent of the costs associated with veterinary care, and does not penalize pet owners for multiple claims or aging pets.

… Read the full article


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