Independence Pet Group

Jacksonville, United States Founded: 2021 • Age: 5 yrs
Provider of pet insurance services

About Independence Pet Group

Independence Pet Group is a company based in Jacksonville (United States) founded in 2021. Independence Pet Group has raised $66.94 million across 2 funding rounds. The company has 116 employees. Independence Pet Group has completed 1 acquisition, including Felix Cat Insurance. Independence Pet Group offers products and services including Pet Insurance, Underwriting Options, and Turnkey Partner Solutions. Independence Pet Group operates in a competitive market with competitors including Trupanion, Pet Assure, PetPartners, Independence American and Berkley Equine, among others.

  • Headquarter Jacksonville, United States
  • Employees 116
  • Sectors
    Financial Services
  • Website independencepetgroup.com
  • Legal Name Independence Pet Group, Inc
Key Metrics
  • Total Equity Funding
    $66.94M (USD)

    in 2 rounds

  • Latest Funding Round
    $55.59M (USD), Series C

    Oct 2023

  • Employee Count
    116
  • Investments & Acquisitions

Products & Services of Independence Pet Group

Independence Pet Group offers a comprehensive portfolio of products and services, including Pet Insurance, Underwriting Options, and Turnkey Partner Solutions.

Pet Insurance
Insurance Products

Offers coverage for pets to support health and well-being.

Underwriting Options
Financial Services

Provides customized insurance underwriting for pet parents.

Turnkey Partner Solutions
Business Services

Delivers partner-focused insurance products and support services.

Funding Insights of Independence Pet Group

Independence Pet Group has successfully raised a total of $66.94M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $55.59 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $66.94M
  • Total Rounds 2
  • Last Round Series C — $55.59M
  • First Round $11.35M

    (May 2023)

All 2 funding rounds of Independence Pet Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2023$55.59MSeries C––
–
May 2023$11.35MSeries B––
–

People of Independence Pet Group

115 people are tracked at Independence Pet Group (25 in leadership, 90 in team); the tracked headcount is 116.

NameRoleGroup
Lynn Thompson
Vice President of UnderwritingLeadership
Daryl J. Zee
Executive Vice President - Pet DivisionLeadership
Sammi-Jo N.
Chief Legal OfficerLeadership
Tyler Joyner
Vice President Of TechnologyLeadership
Shannon Vineyard
Director of Insurance Product Compliance & FilingLeadership
Kelsey Powell (she/her), SHRM-SCP, MBA
Senior People PartnerLeadership
Mel Sculfield, MBA, SHRM-CP, FPC
People Business Partner Senior ManagerLeadership
Michael L.
Sr. Director, People Business Partner & Talent AcquistionLeadership
Michelle Weiss
Senior Director, Infrastructure, Cloud And OperationsLeadership
Andrew Lin
VP & ActuaryLeadership
Eric Coulson
Senior Managing Director Of Insurance Growth, Expansion And Strategy - CanadaLeadership
Chip Aubry
Chief Technology OfficerLeadership
Jon Dubauskas
Chief Risk and Actuarial Officer, IPG; President, Independence American Insurance CompanyLeadership
Margo Smythe
Vice President OperationsLeadership
Carissa Schnable
Creative DirectorLeadership
Jen Lizakowski
Director of Operations Quality AssuranceLeadership
Paula Durigon
Director Advanced Analytics & Product Management and DeliveryLeadership
Alexis Karagiozis MBA, PHR
Director, People & CultureLeadership
Rachelle Barachy
Director, Insurance Regulatory ComplianceLeadership
Heather Graves
Director of Financial Planning and AnalysisLeadership

95 more people are available in the full profile.

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Investments & Acquisitions by Independence Pet Group

Independence Pet Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Felix Cat Insurance.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cat insurance policies are provided for coverage of feline pets.
felixcatinsurance.comRaleigh, United States2020Sep 2023••••
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  • Acquired stakes
  • Deal sources
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  • Exports

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Timeline of Independence Pet Group

4 dated milestones of Independence Pet Group across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Independence Pet Group is founded.
  2. Funding First funding round of $11.3M.
  3. Acquisition Acquires Felix Cat Insurance.
  4. Funding Latest funding round, Series C, of $55.6M.

Competitors of Independence Pet Group

Independence Pet Group 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 Trupanion, Pet Assure, PetPartners, Independence American and Berkley Equine, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
trupanion.com2000Seattle, United States$9.09M1,187
Medical insurance for pets is offered by Trupanion.
petassure.com1995Lakewood Township, United States––
Offers veterinary discount plans for routine, emergency, and wellness pet care services.
petpartners.com2002Raleigh, United States––
Pet insurance company
independenceamerican.com2002New York, United States––
Health and pet insurance services are provided nationwide.
berkleyequine.com2012Alpharetta, United States––
Offers insurance products for horses, cattle, farms, and related liabilities.
felixcatinsurance.com2020Raleigh, United States––
Cat insurance policies are provided for coverage of feline pets.
petinsurance.com1997Brea, United States––
Offers pet health insurance covering accidents, illnesses, and preventive care services.
call-petinsurance.com2017Walnut Creek, United States––
Provides pet insurance quote connections via phone for consumers.
mbapetinsurance.com1978Beachwood, United States––
Delivers affordable pet health insurance for dogs and cats with comprehensive coverage options.
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Detailed competitors of Independence Pet Group

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
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  • Benchmarks
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Web traffic of Independence Pet Group

The website of Independence Pet Group (independencepetgroup.com) receives about 16.9K visits a month.

  • Monthly visits
    16.9K

    ▲ 9.3% vs previous month

Similar websites

Websites whose visitors overlap most with Independence Pet Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
google.com
100%
85.8B#1View details

Latest news on Independence Pet Group

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Similar companies to Independence Pet Group

10 companies that operate in the same segment as Independence Pet Group (Insurance & Risk Management), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Health insurance plans are offered for individuals and families.
2006Chennai, Tamil Nadu, IndiaUSD 783.29 MUSD 1.9 B15,820
Life, health, and general insurance services are provided across India.
2001Mumbai, Maharashtra, IndiaUSD 306.52 MUSD 2.88 B16,700
Financial solutions including loans and insurance are offered.
2007Pune, Maharashtra, India–USD 15.24 B126
Life Insurance joint venture between SBI and BNP Paribas Cardiff
2000Mumbai, Maharashtra, IndiaUSD 264 MUSD 14.28 B26,360
Insurance, banking, and wealth management services are provided worldwide.
1816Paris, France–USD 128.35 B100,040
Investment advisory, insurance distribution, and risk management services are provided.
1998Chicago, Illinois, United StatesUSD 1.6 B––
Financial institution offering insurance & transaction services
1847Jacksonville, United StatesUSD 500 MUSD 14.51 B23,530
Integrated healthcare services and coverage are provided nationwide.
1945United States–––
Cloud-based employee benefits administration solutions are delivered.
1998West Des Moines, Iowa, United StatesUSD 65.16 M––
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Frequently Asked Questions about Independence Pet Group

Independence Pet Group was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Independence Pet Group is headquartered in Jacksonville, United States.

Independence Pet Group is a funded company, having raised a total of $66.94M across 2 funding rounds to date. The company's 1st funding round was a Series B of $11.35M, raised on May 2023.

Independence Pet Group has 116 employees.

Independence Pet Group was established in 2021 in Jacksonville, United States. Operations are centered in the pet insurance sector, where policies are offered to mitigate costs associated with pet healthcare. Services include coverage for accidents, illnesses, and routine care, tailored to various pet types. The company manages insurance programs through its domain, independencepetgroup.com, serving clients primarily in the domestic market.

Independence Pet Group's top competitors include Trupanion, Independence American and PetPartners.

Independence Pet Group offers Pet Insurance, Underwriting Options, and Turnkey Partner Solutions.

Independence Pet Group has made 1 acquisition, including Felix Cat Insurance.

Independence Pet Group operates through Independence Pet Group, Inc.

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