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Bought By Many acquires VetBox

Pet health and insurtech company, Bought By Many, has acquired VetBox, a UK pet health subscription and fulfilment business, in a major step in the extension of its offering beyond insurance. 

The full acquisition of the business, announced today, follows an initial investment from Bought By Many in VetBox in 2020.
 
The acquisition of VetBox draws on investment from a USD350 million Series D funding round in June 2021 after the company gained unicorn status with a valuation of over USD2 billion through its holding company Many Group. The investment in Many Group represented one of the largest funding rounds in European insurtech in 2021.

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