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Founded Year

2017

Stage

Series D | Alive

Total Raised

$477.27M

Valuation

$0000 

Last Raised

$350M | 3 yrs ago

About ManyPets

ManyPets provides insurance for cats and dogs. It offers pet insurance, health plans, multi-pet insurance, lifetime pet insurance, and others. ManyPets was formerly known as Bought by Many. It was founded in 2017 and is based in London, United Kingdom.

Headquarters Location

Unit 1b 1-10 Summers Street

London, England, EC1R 5BD,

United Kingdom

0333 130 4552

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ESPs containing ManyPets

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

The digital pet insurance providers market consists primarily of insurtech producers (e.g., agents and brokers) that provide pet insurance. Some of these companies are managing general agents and granted delegated authority from carrier partners. The market also includes full-stack insurtechs that underwrite their own pet insurance policies. Digital pet insurance providers may also offer preventat…

ManyPets named as Leader among 15 other companies, including Trupanion, Embrace Pet Insurance, and Lassie.

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Research containing ManyPets

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned ManyPets in 3 CB Insights research briefs, most recently on Oct 18, 2022.

Expert Collections containing ManyPets

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

ManyPets is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,229 items

I

Insurtech

4,196 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

12,502 items

Excludes US-based companies

F

Fintech 100

749 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

I

Insurtech 50

50 items

S

Silicon Valley Bank's Fintech Network

88 items

We mapped out some of SVB's biggest clients, partnerships, and sectors that it serves using CB Insights’ business relationship data from SVB’s profile to uncover just how important it is to the fintech universe. The list is not exhaustive.

Latest ManyPets News

ManyPets posts £42 million loss

Oct 4, 2023

Pet insurance unicorn ManyPets has recently shared its financial results for the year ending March 31, 2023. The company recorded a £42 million loss for the year, an increase compared to the loss posted for the year ending March 31, 2022 (£31 million). In May, we covered ManyPets following its decision to pause marketing in the US. Our story touched on different aspects, including lower sales the company is experiencing. Based on the financial figures, ManyPets GWP for the period reached £234 million, an 8% increase compared to the prior year. However, the company has seen a decline in commission income, going from £42 million for the year ending March 31, 2022 to £33 million for the current reporting period. Despite the year-over-year revenue decline, staff costs increased from £25 million to £32 million (ManyPets has reduced its workforce this year). In terms of number of pets, the company reported over 500k insured cats and dogs across the UK and Sweden for the period. For the year ending March 31, 2022, ManyPets reported the same figure. For the year ending March 31, 2021, ManyPets had over 400k insured cats and dogs across the UK, Sweden, and US. Share this

ManyPets Frequently Asked Questions (FAQ)

  • When was ManyPets founded?

    ManyPets was founded in 2017.

  • Where is ManyPets's headquarters?

    ManyPets's headquarters is located at Unit 1b, London.

  • What is ManyPets's latest funding round?

    ManyPets's latest funding round is Series D.

  • How much did ManyPets raise?

    ManyPets raised a total of $477.27M.

  • Who are the investors of ManyPets?

    Investors of ManyPets include Octopus Ventures, Munich Re Ventures, CommerzVentures, FTV Capital, EQT Partners and 7 more.

  • Who are ManyPets's competitors?

    Competitors of ManyPets include Lassie and 5 more.

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Compare ManyPets to Competitors

VPI Pet Insurance Logo
VPI Pet Insurance

VPI Pet Insurance is a company that specializes in pet insurance within the financial services industry. The company offers insurance plans that cover wellness, illness, and emergency care for pets, allowing pet owners to receive reimbursements for eligible veterinary costs. The company primarily serves pet owners. It is based in Brea, California.

AKC Pet Healthcare Logo
AKC Pet Healthcare

AKC Pet Healthcare specializes in providing pet insurance for dogs and cats across various breeds and ages. The company offers a range of insurance plans that cover accidents, illnesses, and wellness needs, as well as specific options for breeders. AKC Pet Healthcare primarily serves pet owners looking for comprehensive insurance solutions for their pets. It is based in Glen Allen, Virginia.

Fetch Logo
Fetch

Fetch focuses on pet wellness, specifically in the pet insurance industry. The company offers comprehensive pet insurance coverage for cats and dogs, which includes coverage for injuries, illnesses, prescription medications, emergency vet visits, surgeries, and more. The company primarily serves pet owners. Fetch by The Dodo was formerly known as Petplan. It was founded in 2003 and is based in Newtown Square, Pennsylvania.

Cooper Pet Care Logo
Cooper Pet Care

Cooper Pet Care develops a mobile pet healthcare platform intended for pet parents. Its platform offers personal and pet insurance with artificial intelligence (AI) symptom checkers and relevant consultation, enabling pet owners to give their pets a sustainable and healthier life. It was founded in 2020 and is based in Amsterdam, Netherlands.

Pets Plus Us Logo
Pets Plus Us

Pets Plus Us provides comprehensive pet owner and veterinarian designed pet insurance for your cat or dog.

W
Wagmo

Wagmo serves as a pet wellness platform designed to offer pet insurance and routine care. It uses veterinary data that provides preventative care by paying for regular costs like exam fees, vaccinations, and flea, tick, and heartworm prevention, allowing pet owners to anticipate the cost of treatment in a specific location and tailor their pet care accordingly. Wagmo was formerly known as Get Coverd. The company was founded in 2017 and is based in New York, New York.

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