Miami-based Fursure pet insurance marketplace secures $3M more in funding
Summary
Average costs for an emergency visit to a vet run $800 to $1,500, studiesshow.Not enough people have set aside money for their pets wellness, investor Kent Goldman of Upside Partnership says in the statement. In 2021, they were recognized among Forbes 30 Under 30, honored for Innovation in Tech.In April this year, their venture debuted a second offering: a Fursure Pet Rewards Debit Card. As of June, the fintech had nine employees, all working remote, including some in Canada and Asia.Dennig and Xu came up with the idea for their venture based on their own difficult experiences with unexpected medical bills for their pets. Simba died a week later.We want people to be able to give pets the care they need without it being a financial decision, Dennig told RefreshMiami in June in explaining why the two developed Fursure.From California to Miami because of taxes, quality of lifeThe co-founders launched their startup in San Francisco, but CEO Denning moved the headquarters to Miami last year. Dennig says she opted to live and work in South Florida lured by lower taxes and a higher quality of life, including access to the ocean to pursue her love of scuba-diving.Dennig says she appreciates that Miamis US east coast time gives her a three-hour head-start on California colleagues: It gives me amazing mornings to be productive, without being rushed.