Napo, a UK-based pet insurtech challenger, has raised a £15 million Series A round led by DN Capital. Having insured over 35,000 pets since launching in December 2021, the company also offers 24/7 vet consultations, dental coverage, aid finding missing pets and third-party liability cover. Jean-Phillipe Doumeng, the CEO who co-founded the insurtech, said, “Our mental model is fundamentally different from traditional pet insurance. We are aligning all stakeholders to look in the same direction by helping people to take better care of their pets.”
Source: Insurance Business Mag