# SantéVet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/santevet

- Industry: Insurance
- Headquarters: Lyon, France
- Website: www.santevet.com
- Total disclosed funding: $13M
- Latest round: Series B (Apr 1, 2011)
- Investors on record: 2

## About

SantéVet specializes in providing comprehensive pet health insurance, covering dogs, cats, and other companion animals. The company offers plans that reimburse up to 100% of veterinary expenses, promoting pet welfare and financial security for pet owners.Founded in 2003, SantéVet operates in Lyon, France, offering pet health insurance solutions. The company was established by Hugues Salord, who has a history of entrepreneurship. In March 2022, SantéVet raised EUR 55 million in a funding round led by Columna Capital, bringing the total amount raised to EUR 55 million, with a current valuation of EUR 417.632 mn. The company has completed 6 deals since its inception.SantéVet, operating under Assurance Animaux, provides extensive pet health insurance for dogs, cats, and other companion animals. Their insurance plans reimburse up to 100% of veterinary costs related to illnesses and accidents, including preventive care such as vaccinations and dental care. With over 700,000 animals insured, they primarily serve clients in France and are expanding into Belgium, Spain, Italy, Germany, and the Netherlands, emphasizing animal welfare through various initiatives.In 2023, SantéVet generated revenue of EUR 16,172,842.60, with an EBITDA of EUR -31,737,220.30. Revenue is derived from subscription-based insurance plans tailored to different pets, allowing clients to manage veterinary expenses through monthly or annual premiums, fostering customer loyalty.Following the funding round in March 2022, SantéVet plans to use the EUR 55 million to expand its market presence in Italy, the Netherlands, Portugal, and Austria, while also accelerating growth in existing markets such as France, Belgium, Spain, and Germany.

## Funding rounds

- Series B, Apr 1, 2011, $13M — Idinvest Partners, Serena

## Investors

- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B
- Serena (https://capitalatlas.ai/funds/serena) — Series B