US $ 2.4bn

Valued at US $ 2.4bn , ManyPets ( formerly Bought By Many ) is a pet-focused insurtech founded by Guy Farley and Steven Mendel in 2017 . Expanding out of the UK into other regions including Sweden , the insurtech most recently extended its services to pet owners in the US . It now operates across 40 US states , making it active in 85 % of America ’ s pet insurance sector . ManyPets expanded its services by acquiring the insurance carrier Digital Edge , made possible through made possible through US $ 483m in funding generated across seven rounds . Now valued at US $ 2.4bn , ManyPets can count itself as a world leader in the digital pet insurance space .

US $ 2.7bn

Hailing from California , Ethos is an insurtech specialising in morally conscious life insurance solutions . The company secured US $ 300m in Series D funding during the summer of 2021 , consisting of a US $ 200m round in May followed by a supplementary US $ 100m extension . This achievement has propelled Ethos ’ current valuation to a robust US $ 2.7bn . Notably , the company has attracted a diverse group of investors , ranging from renowned VC firms such as Sequoia Capital and General Catalyst , to investment entities associated with notable celebrities like Will Smith and Robert Downey Jr . insurtechdigital . com 29