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.

How many employees does Embrace Pet Insurance have?

As of Jun 30, 2026, the latest employee count at Embrace Pet Insurance is 202.

Is Embrace Pet Insurance a funded company?

Embrace Pet Insurance is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 20, 2022.

When was the latest funding round of Embrace Pet Insurance?

Embrace Pet Insurance's latest funding was a $***** Seed round on Mar 20, 2022, with participation from 0 investor.

Where does Embrace Pet Insurance rank among its competitors?

Embrace Pet Insurance ranks 2nd amongst 31 active competitors, of which 9 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Rainwalk Technology, which secured $4M in Apr, 2024.

Who are the top competitors of Embrace Pet Insurance?

Embrace Pet Insurance's top competitors include Wagmo, Figo Pet Insurance and Rainwalk Technology. Among them, Rainwalk Technology secured the most recent funding round in April, 2024.

Embrace Pet Insurance - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of pet insurance and wellness plans for cats and dogs. The company offers financial protection from unexpected incidents, illnesses, and dental diseases. Optional wellness plans are available for routine care, including annual exams and vaccinations. They reimburse a portion of covered vet bills for accidents or illnesses.

Website: embracepetinsurance.com
Social
Email ID: *****@embracepetinsurance.com
Phone Number: +1 **********

Key Metrics

Founded Year

2003

Location

Beachwood, United States

Stage

Acquired

Total Funding

$4.5M in 1 round

Latest Funding Round

Seed, Mar 20, 2022, $*****

Investors

Jumpstart Ventures & 1 more

Ranked

2^nd among 31 active competitors

Employee Count

202 as on Jun 30, 2026

Similar Companies

Lassie & 111 more

Exit Details

Acquired by JAB Holding Company (Nov 29, 2023)

View Embrace Pet Insurance's full profile

Embrace Pet Insurance got acquired by JAB Holding Company on Nov 29, 2023 at an acquisition amount of $*****.

Click here to take a look at Embrace Pet Insurance's acquisition in detail

Embrace Pet Insurance has raised a total funding of $4.5M over 1 round. Embrace Pet Insurance has 2 institutional investors.

Here is the list of recent funding rounds of Embrace Pet Insurance:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 20, 2022	3322678	Seed	9621660	5457870	2194847	1451051

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View details of Embrace Pet Insurance's funding rounds and investors

The founders of Embrace Pet Insurance are Laura Bennett and Alex Krooglik.

Here are the details of Embrace Pet Insurance's key team members:

Laura Bennett: Former Co-Founder of Embrace Pet Insurance.
Alex Krooglik: Former Co-Founder of Embrace Pet Insurance.

View details of Embrace Pet Insurance's Founder profiles and Board Members

Embrace Pet Insurance's employee count trend

Embrace Pet Insurance has 202 employees as of Jun 26. Here is Embrace Pet Insurance's employee count trend over the years:

Employee count trend for Embrace Pet Insurance

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Top competitors of Embrace Pet Insurance include Wagmo, Figo Pet Insurance and Rainwalk Technology. Here is the list of Top 10 competitors of Embrace Pet Insurance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wagmo 2018, Cambridge (United States), Series A	Provider of monthly membership plans for pet insurance and routine care	$28.3M	Revolution, Techstars & 23 others	68/100
2nd	Embrace Pet Insurance 2003, Beachwood (United States), Acquired	Provider of pet insurance and wellness plans for cats and dogs	$4.5M	Jumpstart Ventures, NCT Ventures	63/100
3rd	Figo Pet Insurance 2012, Chicago (United States), Acquired	Flexible pet insurance designed by pet people for modern pet parents	$21.5M	HCS Capital Partners, Independence American ... & 1 others	61/100
4th	Rainwalk Technology 2021, Columbia (United States), Seed	Online platform offering insurance plans for pets	$6.97M	ManchesterStory Group, Techstars & 3 others	58/100
5th	SPOT Pet Insurance 2019, West Palm Beach (United States), Unfunded	Online pet insurance platform for cats and dogs	-	-	54/100
6th	Fetch by the Dodo 2003, Bolingbrook (United States), Seed	Provider of pet insurance for cats & dogs	$1.6M	Warburg Pincus	53/100
7th	Odie 2019, Salt Lake City (United States), Seed	Online pet insurance platform for cats and dogs	$6M	RedBird Capital Partners, Slow Ventures & 1 others	52/100
8th	Pumpkin 2019, Morristown (United States), Acquired	Internet first pet insurer	-	BCG Digital Ventures	50/100
9th	Independence American 2002, New York City (United States), Acquired	Provider of health and pet insurance services	-	-	50/100
10th	Pet Assure 1995, Lakewood Township (United States), Unfunded	Provider of veterinary discount plans and reimbursement for routine pet care	-	-	43/100