Figo Pet Insurance - About the company
Figo Pet Insurance is an acquired company based in Chicago (United States), founded in 2012 by Rusty Sproat. It operates as a Flexible pet insurance designed by pet people for modern pet parents. Figo Pet Insurance has raised $21.5M in funding from Independence American and HCS Capital Partners. The company has 31 active competitors, including 9 funded and 7 that have exited. Its top competitors include companies like Wagmo, Embrace Pet Insurance and Rainwalk Technology.
Company Details
Flexible pet insurance designed by pet people for modern pet parents. They offer customizable pet insurance plans with options for wellness coverage, vet exam fee coverage, and curable pre-existing conditions. They focus on simplicity, transparency, passion, inclusivity, flexibility, and community. They provide fast claim processing, often within three business days, and offer access to licensed veterinary professionals. Their platform includes a pet cloud, blog, and resources to support pet parents. They are committed to providing pet insurance that fits into the lives of pet parents, offering a range of options to meet individual needs. They are a remote-friendly company with a pet-friendly office. They are pet-forward insurance experts, with a US-based customer experience team that is P&C licensed. They offer pricing and subscription options.
- Website
- figopetinsurance.com
- Email ID
- *****@figopetinsurance.com
- Phone Number
- +1 **********
- Registered Address
- Chicago
Key Metrics
Founded Year
2012
Location
Chicago, United States
Stage
Acquired
Total Funding
$21.5M in 8 rounds
Latest Funding Round
Investors
Ranked
3rd among 31 active competitors
Employee Count
1 as on Jun 30, 2026
Exit Details
Acquired by Iguana Investments (Oct 19, 2021)
Legal entities associated with Figo Pet Insurance
Figo Pet Insurance is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FIGO PET INSURANCE LLC CIN: 5399577 , United States, Active | Dec 31, 2011 | - | 138 (As on Dec 31, 2021) | - |
Figo Pet Insurance's acquisition details
Figo Pet Insurance got acquired by Iguana Investments on Oct 19, 2021.
Click here to take a look at Figo Pet Insurance's acquisition in detail
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Figo Pet Insurance's funding and investors
Figo Pet Insurance has raised a total funding of $21.5M over 8 rounds. Its first funding round was on Mar 26, 2014. Its latest funding round was a Series C round on Dec 10, 2019 for $*****. 1 investor participated in its latest round. Figo Pet Insurance has 3 institutional investors.
Here is the list of recent funding rounds of Figo Pet Insurance:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 10, 2019 | 8169069 | Series C | 3503984 | 4170687 | 8600925 | 4352535 |
Jan 01, 2019 | 2682496 | Series B | 5281057 | 5129023 | 2198690 | 9345359 |
Jan 01, 2019 | 9879071 | Conventional Debt | 4741558 | 8655243 | 2886585 | 5397287 |
View details of Figo Pet Insurance's funding rounds and investors
Figo Pet Insurance's founders and board of directors
Founder? Claim ProfileThe founders of Figo Pet Insurance is Rusty Sproat.
Here are the details of Figo Pet Insurance's key team members:
- Rusty Sproat: CEO and Founder of Figo Pet Insurance.
View details of Figo Pet Insurance's Founder profiles and Board Members
Figo Pet Insurance's employee count trend
Figo Pet Insurance has 1 employees as of Jun 26. Here is Figo Pet Insurance's employee count trend over the years:
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Figo Pet Insurance's Competitors and alternates
Top competitors of Figo Pet Insurance include Wagmo, Embrace Pet Insurance and Rainwalk Technology. Here is the list of Top 10 competitors of Figo Pet Insurance, ranked by Tracxn score:
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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 | 68/100 | |
2nd | Embrace Pet Insurance 2003, Beachwood (United States), Acquired | Provider of pet insurance and wellness plans for cats and dogs | $4.5M | 63/100 | |
3rd | Figo Pet Insurance 2012, Chicago (United States), Acquired | Flexible pet insurance designed by pet people for modern pet parents | $21.5M | 52/100 | |
4th | Rainwalk Technology 2021, Columbia (United States), Seed | Online platform offering insurance plans for pets | $6.97M | 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 | 53/100 | |
7th | Odie 2019, Salt Lake City (United States), Seed | Online pet insurance platform for cats and dogs | $6M | 52/100 | |
8th | Pumpkin 2019, Morristown (United States), Acquired | Internet first pet insurer | - | 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 |
Looking for more details on Figo Pet Insurance's competitors? Click here to see the top ones
Figo Pet Insurance's Investments and acquisitions
Figo Pet Insurance has made no investments or acquisitions yet.
Reports related to Figo Pet Insurance
Here is the latest report on Figo Pet Insurance's geography:
News related to Figo Pet Insurance
Media has covered Figo Pet Insurance for 1 event in last 1 year.
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Former Adyen Payments Head Invests in Figo Mobility for GrowthFintech Finance•Jul 10, 2025•Figo Pet Insurance, Adyen
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JAB to Acquire Chicago’s Figo Pet InsuranceInsurance Journal•Oct 19, 2021•Figo Pet Insurance, JAB Holding Company, Iguana Investments
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1871 grad raises $4M to buzz you when your pet gets lost or needs a shot | Built In ChicagoBuilt In Chicago•Mar 02, 2016•, Figo Pet Insurance
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Figo Pet Insurance brings cloud technology to the health of your pet - Chicago TribuneChicago Tribune•Apr 30, 2015•Figo Pet Insurance
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New in Chicago: An app for pet owners looks to the cloud - Consumer News - Crain's Chicago Business
Crain's Chicago Business•Apr 23, 2015•Figo Pet Insurance
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