# Companion Protect

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/companion-protect

- Industry: Insurance
- Headquarters: Leawood, US
- Website: www.companionprotect.com
- Total disclosed funding: $47M
- Latest round: Series A (Aug 13, 2024)
- Investors on record: 4

## About

Based in Kansas, US, and founded in 2015, Companion Protect, LLC, operates as a pet insurance and pet wellness administration company. The company was founded by its CEO, Chuck Laue. In August 2023, Companion Protect, LLC raised USD 27 million in Series A funding co-led by new investors Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, and Stray Dog Enterprises, and In August 2024, Companion Protect, LLC raised USD 20.25 million in series A funding from returning investors Avanta Ventures, Old Republic International Corp., Liberty Mutual Insurance, and Stray Dog Enterprises, LLC.

Companion Protect offers a wide range of B2B2C (business-to-customer) pet insurance and pet wellness solutions. The firm also offers various healthcare plans for dogs and cats that cover accidents, injuries, and illnesses. The company provides PALS®, which is a pet insurance platform that enables pet owners to file online claims and receive approval while managing their pet insurance plans and claims. Its client base includes Liberty Mutual, Safeco, and CSAA Insurance Group.

The company plans to use the August 2024 funding to accelerate its product and partnership growth, along with digital innovation to enhance the customer experience.

## Funding rounds

- Series A, Aug 13, 2024, $20M — Liberty Mutual Insurance, Avanta Ventures, Stray Dog Enterprises, LLC, Old Republic International Corp.
- Series A, Aug 25, 2023, $27M — Liberty Mutual Insurance, Avanta Ventures, Stray Dog Enterprises, LLC, Old Republic International Corp.

## Investors

- Liberty Mutual Insurance — Series A
- Avanta Ventures (https://capitalatlas.ai/funds/avanta-ventures) — Series A
- Stray Dog Enterprises, LLC — Series A
- Old Republic International Corp. — Series A