Paris-based Dalma, a pet insurance provider, secured €20M in a Series B funding round led by Breega. The funding will help Dalma, founded in 2021, enhance its services and product offerings amid growing demand for pet care. With nearly 60,000 policyholders, the company aims to become a leading wellness partner for pet owners, facing challenges like market adaptation and brand awareness. Future plans include a direct payment system and an e-shop for health products, vital for engaging U.S. customers and expanding operational reach.
Dalma is capturing a unique market timing and dynamics, combining a societal wave in favor of animal welfare with inflationary pressure in the broader veterinary sector.
To expand, we need to develop an insurance product that closely aligns with local market expectations, while maintaining strong company culture and team alignment.
Collection
[
|
...
]