Independence Pet Group - About the company
Independence Pet Group is a series C company based in Jacksonville (United States), founded in 2021. It operates as a Provider of pet insurance services. Independence Pet Group has raised $66.9M in funding. The company has 205 active competitors, including 22 funded and 21 that have exited. Its top competitors include companies like Lassie, Trupanion and Wagmo.
Key Metrics
Founded Year
2021
Location
Jacksonville, United States
Stage
Series C
Total Funding
$66.9M in 2 rounds
Latest Funding Round
Ranked
31st among 205 active competitors
Employee Count
633 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Independence Pet Group
Independence Pet Group is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
INDEPENDENCE PET GROUP, INC CIN: 134211703 , United States, Active | Dec 31, 1999 | - | 116 (As on Dec 31, 2021) | - |
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Independence Pet Group's funding and investors
Independence Pet Group has raised a total funding of $66.9M over 2 rounds. Its first funding round was on May 15, 2023.
Here is the list of recent funding rounds of Independence Pet Group:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 31, 2023 | 3496881 | Series C | 2123488 | 4642107 | 6343667 | 8133499 |
May 15, 2023 | 9323295 | Series B | 5910108 | 9021622 | 1185536 | 7346906 |
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Independence Pet Group's founders and board of directors
Founder? Claim ProfileIndependence Pet Group's employee count trend
Independence Pet Group has 633 employees as of Sep 26. Here is Independence Pet Group's employee count trend over the years:
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Independence Pet Group's Competitors and alternates
Top competitors of Independence Pet Group include Lassie, Trupanion and Wagmo. Here is the list of Top 10 competitors of Independence Pet Group, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of preventive pet insurance services offering digital coverage | $114M | 74/100 | ||
2nd | Trupanion 2000, Seattle (United States), Public | Provider of comprehensive pet insurance solutions for dogs and cats | $9.09M | 72/100 | |
3rd |  Wagmo 2018, Cambridge (United States), Series B | Provider of monthly membership plans for pet insurance and routine care | $28.3M | 69/100 | |
4th | Provider of health insurance and veterinary services for pets | $12M | 66/100 | ||
5th | App-based platform for pet health insurance | $169M | 64/100 | ||
6th |  Fetch by the Dodo 2003, Bolingbrook (United States), Seed | Provider of pet insurance for cats & dogs | $1.6M | 59/100 | |
7th |  Rainwalk Technology 2021, Columbia (United States), Seed | Online platform offering insurance plans for pets | $6.97M | 58/100 | |
8th | Figo Pet Insurance 2012, Chicago (United States), Acquired | Flexible pet insurance designed by pet people for modern pet parents | $21.5M | 57/100 | |
9th |  SPOT Pet Insurance 2019, West Palm Beach (United States), Unfunded | Online pet insurance platform for cats and dogs | - | - | 54/100 |
10th |  Pumpkin 2019, Morristown (United States), Acquired | Internet first pet insurer | - | 52/100 | |
31st |  Independence Pet Group 2021, Jacksonville (United States), Series C | Provider of pet insurance services | $66.9M | - | 34/100 |
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Independence Pet Group's Investments and acquisitions
Independence Pet Group has acquired Felix Cat Insurance. Independence Pet Group has not made any investments as of now.Reports related to Independence Pet Group
Here is the latest report on Independence Pet Group's sector:
News related to Independence Pet Group
•
Independence Pet Holdings Appoints Munir Hafez as Chief Technology OfficerPet Age•Mar 10, 2025•Independence Pet Group
•
JAB Holding Company to acquire Prosperity Life GroupCoverager•Feb 05, 2025•JAB Holding Company, Prosperity Life Insurance Group, Prosperity Asset Management, Keurig Dr Pepper and 10 others
•
Iph Enters Strategic Partnership With Synchrony And Completes Acquisition Of Pets BestInsuranceNewsNet•Mar 07, 2024•Independencepetholdings, Synchrony, Pets Best, Independence Pet Group
•
Raleigh-based pet insurance company raises $55 millionBusiness North Carolina•Nov 17, 2023•Independence Pet Group
•
Independence Pet Group® to Acquire Cat Insurance Brand, Felix, Expanding Portfolio and Capabilities to Better Help Cat Pet ParentsInsuranceNewsNet•Sep 18, 2023•Independence Pet Group, Felix, Felix Cat Insurance
•
Fairfax Announces Successful Completion of Sale of Global Pet Insurance Operations to Independence Pet GroupInsuranceNewsNet•Nov 01, 2022•Independence Pet Group, Fairfax Financial Holdings, Crum & Forster, Pethealth
•
Independence Pet Group (IPG) Completes Purchase of Fairfax’s Pet Insurance UnitsInsurance Journal•Nov 01, 2022•Independence Pet Group, Fairfax Financial Holdings, ASPCA, Pethealth
•
Recipe Unlimited Completes Going Private Transaction With Fairfax Financial Holdings LimitedCNW•Oct 29, 2022•Fairfax Financial Holdings, RECIPE Unlimited Corporation, Independence Pet Group
•
Fairfax Financial and Independence Pet Group Receive All Regulatory Approvals To Complete Sale of Global Pet Insurance OperationsCalgary Herald•Oct 12, 2022•Fairfax Financial Holdings, Crum & Forster, Pethealth, Independence Pet Group
•
Jab Holdings’ $500 Million Sustainability-Linked Notes IssuanceGlobal Legal Chronicle•Jun 09, 2022•JAB Holding Company, White & Case, Keurig Dr Pepper, JDE Peet's and 12 others
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