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Napo raised £12M in a Series B funding round led by Mercia Ventures to enhance AI capabilities and expand its digital pet insurance platform.

PRIVATEFeb 26, 2025

Amount Raised

£12 Million

Round Type

Series B

LondonPet

Investors

Helvetia Venture FundMercia VenturesMtech CapitalDN CapitalCompanion Fund

Description

Napo has secured £12M in Series B funding, led by Mercia Ventures with support from existing investors. The financing will be used to strengthen Napo's AI capabilities, drive market growth, and increase its team size for geographical expansion.

Quick answer

Napo raised £12 Million in a Series B round, dated February 26, 2025. Investors: Helvetia Venture Fund, Mercia Ventures, Mtech Capital, DN Capital and Companion Fund. Napo is based in London, England, United Kingdom.

How much did Napo raise?
Napo raised £12 Million in a Series B round on February 26, 2025.
Who invested in Napo?
Helvetia Venture Fund, Mercia Ventures, Mtech Capital, DN Capital and Companion Fund are named as investors in this round.
What does Napo do?
Napo is a digital-first pet insurance provider that offers comprehensive lifetime coverage, including dental care and 24/7 vet access as standard.
Where is Napo based and how big is it?
Napo is based in London, England, United Kingdom. Fundz records about 116 employees.
Who are the decision-makers at Napo?
Fundz holds 2 contacts at Napo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Pet around the same time

Companies in the same sectors as Napo that raised within 45 days of this round, from Fundz verified event records.

  • Skiptown raised $4.8M (Seed) on April 11, 2025.
  • Untamed raised $13M (Series B) on April 8, 2025.
  • MedVet raised $2.4M (Seed) on March 31, 2025.
  • Inspire Veterinary Partners raised $2M (Post-IPO Equity) on March 26, 2025.
  • Dalma raised $22M (Series B) on March 17, 2025.
  • Goose raised $13M (Seed) on February 25, 2025.

Who to call at Napo, and when

A new round usually means Napo is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Napo

Location

London, England, United Kingdom

About

Napo is a digital-first pet insurance provider that offers comprehensive lifetime coverage, including dental care and 24/7 vet access as standard. Their platform focuses on reducing administrative costs and provides behavioral consultations and preventive care. They encourage policy bundles with discounts for insuring multiple pets under one policy. Napo aims to revolutionize pet insurance with a commitment to sustainability and quality.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Napo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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