As we spend more time at home, how we view our pets has changed and pet adoption and ownership have surged. However, 81% of pet owners would not be able to cover an unexpected $5,000 out-of-pocket expense for their furry loved one. The pet health insurance sector has emerged to address this risk and is currently valued at ~$2B per annum with approximately 2.8 million pets insured in North America. Pawlicy Advisor allows pet owners to rapidly make sense of the various pet insurance options available with its data-driven marketplace. Pet parents can compare and contrast their insurance options to makes sure they are selecting the best coverage with transparency and efficiency in less than 5 minutes. AlleyWatch caught up with Cofounder and CEO Woody Mawhinney to learn about how his own experience with his Shar Pei, Wrigley, led him to found Pawlicy Advisors, the effect of the pandemic on the pet industry, and the company’s latest round of funding from investors that include Rho Capital Partners, Defy Partners, Slow Ventures, and Entrepreneurs Roundtable Accelerator.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 2/16/2021 featuring funding details for Realm, Pawlicy Advisor, and much more.
Pet insurance is currently a $1.42B market in the Us alone. It is one of the fastest-growing lines of voluntary insurance, doubling in market size every three years.
NYC Tech News for the week ending 1/25 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Life House, Clubhouse, Canoe, and much more…
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 1/21/2020 featuring funding details for Pawlicy Advisor, Pair Eyewear, and much more.
NYC Tech News for the week ending 1/18 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for KeyMe, Zipari, ActionIQ, and much more…
Entrepreneurs Roundtable Accelerator (ERA), the longest running accelerator program in New York, is graduating its 16th cohort of 13 startups that each received $100K in investment and mentorship from a pool of 400+ experts for the four-month program. Led by Murat Aktihanoglu and Jonathan Axelrod, ERA companies have gone to raise in excess of $300M in funding and […]