Vaulation : US $ 2bn

Vaulation : US $ 2.2bn

ManyPets is a UK-based pet insurance provider , formerly known as Bought by Many . The company launched its first pet insurance product in 2012 , claiming to be the first British pet insurer to offer online form-free claims and a digital platform to speed up payment . After a £ 7.5mn Series A round in 2017 , it has gone on to raise almost US $ 500mn from backers including CommerzVentures , EQT and FTV Capital . Its latest valuation of over US $ 2bn dates back to June 2021 .

Founded in 2017 , Newfront Insurance is based in California and uses proprietary technology to sell and service business insurance and employee benefits , with revenue coming from traditional brokerage commissions . The company was launched by CEO Spike Lipkin , a 34-year-old veteran of Opendoor . com . Lipkin has been hailed as the driving force behind Opendoor . com reaching a US $ 3bn valuation . The insurtech ’ s solution facilitates the automated filling of application forms from multiple carriers with one set of answers .

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