Napo raises £15 million

UK-based pet insurance startup Napo has closed a £15 million Series A round led by DN Capital, with participation from Companion Fund, dmg ventures, FJ Labs, Helvetia Venture Fund, MTech Capital, Picus Capital, Sarona Partners, and T0 Ventures.

Founded in March 2021 and launched in October 2021, Napo claims to have reached over 30k members and it looks to serve 150k members over the next couple of years.

Napo acts as an intermediary and aside from pet insurance, it offers free video vet appointments.