Lassie raises €23 million

Swedish pet insurance startup Lassie has raised €23 million in Series B funding led by Balderton Capital, with participation from Felix Capital, Inventure, Passion Capital and Karl-John Persson. This latest round brings Lassie’s total funding to date to €36.5 million.

Founded in 2020, Lassie acts as an intermediary with pet insurance coverage offered by Danish insurer ETU Forsikring. Aside from insurance, the startup looks to help pet parents prevent injuries and illnesses by featuring interactive guides, challenges, and quizzes.

Lassie operates in Sweden and Germany and its vision is to become a pet ecosystem where pet owners can get everything they need for their pets.