About Pets Best
Pets Best is a company based in Boise (United States) founded in 2005 by Jack Stephens was acquired by Independencepetholdings in March 2024.. Pets Best has raised $1.84 million across 1 funding round from investors including Synchrony and Independence Pet Holdings. Pets Best offers products and services including Accident & Illness Coverage, Accident-Only Coverage, and Routine Care Coverage. Pets Best operates in a competitive market with competitors including ManyPets, Pawlicy Advisor, Healthy Paws Pet Insurance & Foundation, Fursure and Hartville Pet Insurance, among others.
- Headquarter Boise, United States
- Founders Jack Stephens
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pets Best Insurance Services, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.84 M (USD)
in 1 rounds
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Latest Funding Round
$1.84 M (USD), Seed
Dec 02, 2009
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Investors
Synchrony
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Pets Best
Pets Best offers a comprehensive portfolio of products and services, including Accident & Illness Coverage, Accident-Only Coverage, and Routine Care Coverage. 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.
Covers unexpected pet accidents and illnesses with customizable options.
Provides coverage for pet injuries from accidents on a budget.
Includes routine vet visits and preventive care for pets.
Funding Insights of Pets Best
Pets Best has successfully raised a total of $1.84M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.84 million completed in December 2009. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.8M
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First Round
First Round
(02 Dec 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2009 | Amount | Seed - Pets Best | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Pets Best
Pets Best has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Synchrony and Independence Pet Holdings. 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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Synchrony is engaged in providing credit cards and banking services.
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Founded Year | Domain | Location | |
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A company focused on pet health and insurance 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 Pets Best
| 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 - Pets Best
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Pets Best Comparisons
Competitors of Pets Best
Pets Best 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 ManyPets, Pawlicy Advisor, Healthy Paws Pet Insurance & Foundation, Fursure and Hartville Pet Insurance, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A cloud-based platform for pet insurance is provided by ManyPets.
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| domain | founded_year | HQ Location |
Pet insurance options are compared online by Pawlicy Advisor.
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| domain | founded_year | HQ Location |
App-based pet insurance comparison platform for individuals
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| domain | founded_year | HQ Location |
Pet insurance quotes are compared online for individual pet owners.
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| domain | founded_year | HQ Location |
Provides insurance coverage platforms for dogs and cats.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Pets Best
Frequently Asked Questions about Pets Best
When was Pets Best founded?
Pets Best was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Where is Pets Best located?
Pets Best is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.
Who is the current CEO of Pets Best?
Jack Stephens is the current CEO of Pets Best. They have also founded this company.
Is Pets Best a funded company?
Pets Best is a funded company, having raised a total of $1.84M across 1 funding round to date. The company's 1st funding round was a Seed of $1.84M, raised on Dec 02, 2009.
What does Pets Best do?
Pets Best was founded in 2005 in Boise, United States, as a platform for quoting pet insurance. Plans are distributed for dogs and cats, with coverage extended to routine care and multiple illnesses such as diabetes, allergies, hip dysplasia, and hereditary or congenital conditions. Operations focus on the pet insurance sector, serving customers across the United States.
Who are the top competitors of Pets Best?
Pets Best's top competitors include ManyPets, Healthy Paws Pet Insurance & Foundation and Pawlicy Advisor.
What products or services does Pets Best offer?
Pets Best offers Accident & Illness Coverage, Accident-Only Coverage, and Routine Care Coverage.
Who are Pets Best's investors?
Pets Best has 2 investors. Key investors include Synchrony, and Independence Pet Holdings.