About Embrace Pet Insurance
Embrace Pet Insurance is a company based in Beachwood (United States) founded in 2003 was acquired by NSM Insurance Group in April 2019.. Embrace Pet Insurance offers products and services including Pet Insurance, Dog Insurance, Cat Insurance, Pet Wellness Plans, and Pet Dental Insurance. Embrace Pet Insurance operates in a competitive market with competitors including Wagmo, Figo Pet Insurance, Petplan Insurance, Fetch by the Dodo and Rainwalk Technology, among others.
- Headquarter Beachwood, United States
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Sectors
HealthcareFinancial Services
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Phone
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Website
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Social
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- Legal Name Embrace Pet Insurance Agency, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
NSM Insurance Group
(Apr 01, 2019)
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Products & Services of Embrace Pet Insurance
Embrace Pet Insurance offers a comprehensive portfolio of products and services, including Pet Insurance, Dog Insurance, Cat Insurance, Pet Wellness Plans, and Pet Dental Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Reimburses costs for pet accidents and illnesses.
Covers breed-specific conditions and veterinary treatments.
Provides protection for feline health issues and routine care.
Helps budget for vaccines, grooming, and annual checkups.
Covers treatments for dental diseases and extractions.
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Funding Insights of Embrace Pet Insurance
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Seed - Embrace Pet Insurance | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Embrace Pet Insurance
Embrace Pet Insurance has secured backing from 1 investor. Prominent investors backing the company include NSM Insurance Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of insurance brokerage services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Embrace Pet Insurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Embrace Pet Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Embrace Pet Insurance Comparisons
Competitors of Embrace Pet Insurance
Embrace Pet Insurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wagmo, Figo Pet Insurance, Petplan Insurance, Fetch by the Dodo and Rainwalk Technology, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Provider of monthly membership plans for pet insurance and routine care
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| domain | founded_year | HQ Location |
Pet insurance and related technology services are offered by Figo.
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| domain | founded_year | HQ Location |
Pet insurance provider
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| domain | founded_year | HQ Location |
Provider of pet insurance for cats & dogs
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| domain | founded_year | HQ Location |
Online platform offering insurance plans for pets
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Embrace Pet Insurance
Frequently Asked Questions about Embrace Pet Insurance
When was Embrace Pet Insurance founded?
Embrace Pet Insurance was founded in 2003 and raised its 1st funding round 19 years after it was founded.
Where is Embrace Pet Insurance located?
Embrace Pet Insurance is headquartered in Beachwood, United States. It is registered at Beachwood, Ohio, United States.
What does Embrace Pet Insurance do?
Embrace Pet Insurance was founded in 2003 and is headquartered in Beachwood, United States. An online platform is operated to provide pet insurance coverage, including options for dogs and cats, healthy pet deductibles, dental illness protection, and accident coverage. Claims support services are also facilitated for policyholders in the pet insurance sector.
Who are the top competitors of Embrace Pet Insurance?
Embrace Pet Insurance's top competitors include Wagmo, Figo Pet Insurance and Fetch by the Dodo.
What products or services does Embrace Pet Insurance offer?
Embrace Pet Insurance offers Pet Insurance, Dog Insurance, Cat Insurance, Pet Wellness Plans, and Pet Dental Insurance.
Who are Embrace Pet Insurance's investors?
Embrace Pet Insurance has 1 investor. Key investors include NSM Insurance Group.