Venture-backed pet insurer Trupanion raises $71 mln in IPO
Trupanion Inc, a pet insurance provider with offices in Seattle and North Vancouver, British Columbia, has priced its initial public offering of 7.125 million shares of common stock at US$10.00 per share. According to a report by Reuters, the company has since raised US$71 million on the New York Stock Exchange under the trading symbol "TRUP." Originally founded in 1998 as Canada-focused company Vetinsurance Inc, Trupanion has been backed by U.S. venture capital firms Maveron and Highland Capital Partners.
21 July 2014•2 mins read
