Napo, a London, UK-based pet care company, raised £12M in Series B funding.
The round was led by Mercia Ventures, with participation from existing investors DN Capital, Companion Fund, MTech Capital, Helvetia Venture Fund, and others.
The company intends to use the funds to further strengthen its AI and automation capabilities, drive market share growth, and attract talent to support its continued expansion.
Led by CEO Jean-Philippe Doumeng (JP), Napo offers a pet insurance that includes treatments such as dental cover and behavioural treatment. By investing in predictive models and automation, it streamlines claims while ensuring compassionate support.
FinSMEs
26/02/2025