Bought By Many covers series D with $350m

Jun 2, 2021 • Robert Lavine

Munich Re Ventures returned for a round valuing the digital pet insurer at $2bn pre-money, pushing its overall funding past the $480m mark.

UK-based pet insurance provider Bought By Many has secured $350m in series D funding from investors including reinsurance firm Munich Re, Tech.eu reported yesterday.

The round was led by investment firm EQT through its EQT Growth subsidiary, and it also featured venture capital firm Octopus Ventures, while Munich Re took part through its Munich Re Ventures vehicle. The capital was raised at a $2bn valuation pre-money.

Bought By Many was founded in 2012 as a wider ranging digital insurance provider…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.

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