Rainwalk raises $4 million

Rainwalk Technology, the white-label pet insurance technology provider, has raised $4 million in Seed funding led by ManchestorStory with participation from Insurtech Gateway, Bridge Investments, Seaplane Ventures, and several insurance and reinsurance executives.

Based in Columbia, SC, Rainwalk is on a mission to “dramatically improve market penetration” by investing in new, alternative, and tech-forward distribution channels “historically overlooked by incumbents.” The startup offers partners a white label solution that allows them to offer coverage to their customers.

Rainwalk also sells insurance directly to consumers and coverage is underwritten by Incline Casualty Company.

“Since I first met Josh during the Global Insurance Accelerator (GIA) in 2021, I knew Rainwalk had the potential to change the adoption of pet insurance in the U.S. Josh and the strong industry team he’s built since are doing just that. At ManchesterStory, we invest in game changers, and we knew we had to partner with them to fuel growth.” – Nicole Gunderson, Principal at ManchesterStory, and former Managing Director at the GIA.

“By prioritizing thoughtful product design, seamless pet insurance integrations and exceptional operations support, our team has demonstrated continued channel growth opportunities that are scalable and cost-effective. We’re relentlessly committed to being an industry-leading pet health insurtech, and we’re thrilled to grow our capabilities alongside new investors who share our vision.” – Joshua Snead, Founder and CEO of Rainwalk Technology.