Odie Pet Insurance Valuation, Funding & Investors

Central Garden & Pet Co offers solutions that support healthier pets, greener lawns, and thriving gardens. Its products include dog and cat treats, chews, toys, beds, containment, grooming supplies, aquatics, small animal and bird supplies, equine and livestock products, insect control solutions, grass seed, wild bird feed, fertilizers, pest controls, live plants, and packet seeds, sold under brands such as Aqueon, Nylabone, Kaytee, Farnam, Pennington, Ferry Morse, Amdro, and Sevin. The company operates through two segments, Pet and Garden, and sells through retailers, independent stores, eCommerce channels, and professional markets. It has sales and distribution operations mainly across the United States, with additional facilities in Canada and Mexico.

i-Tail Corp PCL is a manufacturer and distributor of pet food and other pet care-related businesses. The Company is controlled by Thai Union Group Public Company Limited, its parent company, which owns 78.82% of the Company’s shares. The Group has two reportable segments: Pet food, and Others. The majority of the revenue is generated from the Pet food segment.

Freshpet produces and sells premium fresh pet food through its company-owned refrigerators placed in grocery, mass and club, pet specialty, and natural stores. Freshpet primarily targets dogs (96% of 2024 sales), with cats and treats comprising the rest of its sales. Geographically, the company’s home US market, where all its food is produced, accounts for about 98% of sales, with exports to Canada, the United Kingdom, and other European countries accounting for the remaining balance.

Pet Circle is a Melbourne-headquartered online pet retailer in Australia, offering subscription deliveries of dog and cat food, medications, toys, accessories, and treats from 1,000+ brands. Founded in 2011, it serves 500,000 active customers with autoship discounts up to 20%. The company donates supplies to over 100 rescue organizations like RSPCA and operates warehouses in Sydney and Brisbane for next-day delivery.

Butternut Box is a UK subscription service delivering fresh, human-grade dog food tailored to individual pets. London-based and founded in 2016, it produces vet-approved recipes from British farms, serving 100,000 dogs monthly. Meals accommodate allergies, sizes, and life stages, with recyclable packaging and carbon-neutral delivery. The company raised £27 million in 2022, expanding to nationwide next-day service.

Embark is a Boston-based canine genetics company offering DNA testing kits. The platform analyzes over 200,000 genetic markers using CLIA-certified SNP chips to screen for breed, health risks, traits, and preventive care recommendations, contributing to veterinary research on nutrition and diseases.

Wag is a San Francisco-headquartered on-demand dog walking service connecting pet owners with verified walkers via its mobile app. Services include 20- to 60-minute walks with real-time GPS tracking, post-walk report cards detailing distance, photos, and potty status. Launched in 2014, Wag serves major U.S. cities like Los Angeles and New York, with over 300,000 walks completed monthly. The platform requires background checks and Wag University training for its network of 100,000 walkers.

The Farmer’s Dog is a New York City-headquartered direct-to-consumer brand offering fresh, human-grade dog food delivered via personalized subscription plans. Launched in 2014, it formulates recipes with veterinary nutritionists using ingredients like USDA-approved beef and vegetables gently cooked for digestibility. Available nationwide, it serves recipes tailored to dogs' age, breed, and health needs through an online quiz. The company partners with Petco for retail expansion.

Seek Pet Foods is a China-based manufacturer of natural pet nutrition products under the Shuaike brand. The company produces dog and cat foods using American micro-powder puffing and fresh meat emulsification technologies combined with local chicken, duck, organic vegetables, and fruits. Seek Pet Foods exports kibble and wet foods to international markets, emphasizing fresh meat content without artificial additives.

Lassie is a Stockholm-headquartered digital pet insurance provider launched in 2020 for dogs and cats in Sweden. Policyholders access coverage for accidents, illnesses, and chronic conditions via a mobile app handling claims with photo uploads and payouts within 24 hours. Plans cover veterinary fees up to SEK 120,000 annually, preventive care like vaccinations, and rehab therapies, underwritten by partnered insurers.

Lunar is a Copenhagen-headquartered digital bank founded in 2015 holding a full banking license. The mobile app delivers personal finance tools such as free accounts, payments, savings, loans, investments, and insurance to customers in Denmark, Sweden, and Norway. Operations extend from offices in Aarhus, Copenhagen, Stockholm, and Oslo.

Marshmallow is a UK-based insurtech, founded in 2017 by twin brothers Oliver and Alexander Kent-Braham together with David Goaté, that sells car and van insurance to migrants and other drivers who are often overlooked by mainstream insurers because they lack UK credit history or driving records. The company uses technology, data, and AI to price risk and process claims, and does not charge customers for mid-policy changes. Marshmallow now insures more than 1 million drivers and has become one of the UK's largest fintech companies.

Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, and Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.

Stewart Information Services Corp is a customer-focused, title insurance and real estate services company offering products and services to home buyers and sellers, mortgage lenders and servicers, attorneys, and home builders. It has three operating segments; Title insurance and related services which generates key revenue, includes the functions of searching, examining, closing, and insuring the condition of the title to real property. It also includes home and personal insurance services, Real estate solutions segment supports the real estate mortgage industry by providing appraisal management services, online notarization and closing solutions, credit, and real estate information services, search and valuation services. Corporate and other segment is comprised of parent holding company.

Fidelis Insurance Holdings Ltd is a specialty insurer that leverages strategic partnerships to offer tailored insurance solutions. The company classifies its business into two segments, Insurance and Reinsurance. A majority of its revenue is generated from the Insurance segment, which comprises a portfolio of property, marine, aviation and aerospace, political risk, violence and terror, energy, cyber, and other insurance risks. The Reinsurance segment consists of an actively managed property reinsurance book, providing reinsurance and a limited amount of retrocession coverage across the world on a proportional or excess-of-loss basis. Geographically, the company derives its key revenue from the United Kingdom, followed by Bermuda and the Republic of Ireland.

BaoViet Holdings is a Vietnam-based company that provides financial and securities investment services. The firm's services are classified on the basis of five major segments which include Life insurance, Non-life insurance, financial services, Banking services and Real estate operation and other activities. Further, the company has established relations with world-class insurers and reinsurers, including Munich Re, Swiss Re, CCR, Hannover Re, AON, Arthur Gallagher, and Marsh. It is engaged in offering securities brokerage services, underwriting services, custody services, investment advice to investors and trading of securities. The majority of the revenue for the company is generated through interest, dividends and appropriated profits.