Pawlicy Advisor Expands Into Veterinary Corporate Groups Modernizing Pet Insurance Education Across the U.S. and Secures $12 Million in Series B Funding
Summary
NEW YORK, June 15, 2022 Pawlicy Advisor , the leading pet insurance marketplace, announced today both its expansion into veterinary corporate groups to accelerate the modernization of pet insurance education across the country and that the company raised a $12 million Series B funding round led by StepStone Group. Were thrilled to team up with leaders in the veterinary industry and top-tier investors with successful track records in the pet care space.Pawlicy Advisors Series B funding builds on the companys expansive growth. In 2022, the company joined the American Animal Hospital Associations (AAHA) Preferred Business Provider network, establishing Pawlicy Advisors brand as the recommended name for pet insurance for veterinary practices and pet owners alike.Prior to this round, Pawlicy Advisor raised approximately $8 million in previous fundraising efforts. Pawlicy Advisors data-driven model brings transparency and simplicity to shopping across top pet insurance providers. Moreover, Pawlicy Advisor is recommended by the American Animal Hospital Association and used by veterinary practices to streamline and outsource the pet insurance conversation to a licensed third party.