Companion Protect, a Kansas City, MO-based pet health administration company, raised $20.25M in Series A extension.
Backers included Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, and Stray Dog Enterprises.
This followed a $27M Series A financing round in 2023 from Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, and Stray Dog Enterprises.
The company intends to use the funds to accelerate its continued growth and digital innovations in customer and agent experience.
Led by CEO and Founder Chuck Laue, Companion Protect is a provider of a national B2B2C pet insurance and wellness program administrator for brands across property and casualty insurers, employee benefits providers, retail, affinity, and animal welfare channels. It provides pet health products and leverages its innovative PALS® technology platform to provide insurers and policyholders a user-friendly experience.