Pet care app Fluffy, which helps house owners discover insurance coverage for his or her furry mates, has reportedly raised $450,000 in its pre-seed spherical.
QVentures and Techstars served because the lead traders to the spherical, in line with a report from UK Enterprise Angels Affiliation. Different commitments got here from unnamed, high-profile angel traders.
With the funds, Fluffy hopes to rent extra workers, together with members for its product improvement, advertising and customer support groups.
This funding comes forward of the launch of Fluffy’s pet insurance coverage. Being launched later this month, the product will likely be backed by an unnamed insurer.
Talking on the deal, Fluffy CEO Pavel Gertsberg stated, “Our objective is to offer pet house owners peace of thoughts by taking the monetary burden off their shoulders in case of any medical emergency their beloved pets could have, whereas additionally supporting them with their day-to-day pet mum or dad tasks. We imagine this funding spherical will assist us obtain that objective, and we’re excited to proceed rising our product.”
Fluffy is a membership platform geared toward canine house owners. It claims to be a service that covers ‘all you want’ to boost a wholesome and glad pet.
Its full membership consists of canine coaching from specialists, 24/7 vet help and insurance coverage protection. The app additionally affords reward factors to customers, which could be exchanged for pet food, good collars, canine toys and flea remedy. Alternatively, the factors could be redeemed for the proprietor, equivalent to Amazon Prime membership, cinema tickets, Netflix subscriptions and occasional.
QVentures principal Harveer Bharaj added, “Fluffy is aiming to redefine how pet care works, making certain that not solely do the shoppers get monetary savings however that additionally they develop into higher pet mother and father within the course of. Since assembly Pavel and German, we’ve been impressed by the speed at which they’ve progressed Fluffy, and having now led their pre-seed spherical are much more excited to see what the long run holds!”
Fluffy beforehand graduated from the Techstars London accelerator programme.
Earlier within the 12 months, FirstVet, a supplier of on-demand video consultations for pet mother and father, partnered with Fletch to embed a pet insurance coverage market for its US customers.
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