Pawlicy Advisor, a NYC-based pet insurance marketplace, raised $6.5m in Series A funding.
The round, which brought total funding raised to date to $8m, was led by Rho Capital Partners and existing investor Defy Partners, with investment from Slow Ventures.
The company intends to use the funds for team expansion, platform development, partnerships, and educational outreach to consumers and veterinary offices.
Led by Woody Mawhinney, Co-Founder and CEO, Pawlicy Advisor is a marketplace for finding coverage for pets. Founded in 2018, the company assesses insurance policies based on breed-specific health risks, pet age, location, and the fine print in each provider’s policy – to arrange insurance policies across top providers by projected lifetime cost and coverage value for each unique pet.