Trupanion planning IPO
Posted: 05/22/2023 | BY: Content Writer | Categories: Industry
The rumors about Trupanion going public have been confirmed in SEC filings. The company will be listed on the NYSE under the ticker TRUP and plans to raise up to $75 million.
Interesting details from the filings:
1. $83.8 million in revenue in 2013.
2. 181,634 pets enrolled on March 31, 2014.
3. They are growing very quickly (over 50% annually), but have posted a loss in each of the last three years.
4. Lifetime value of an insured pet is $610 and average acquisition cost of a pet customer is $111
DisclaimerThe information contained on this blog is intended for informational and educational purposes only and should not be construed as medical advice. It is not a substitute for professional veterinary care. Always consult with your veterinarian before making any changes to your pet's health care or treatment plan.
The authors of this blog are not veterinarians and do not claim to be experts in pet health. The information provided here is based on our own experiences and research, as well as information from reputable sources. However, we cannot guarantee the accuracy or completeness of this information.
We encourage you to do your own research and consult with your veterinarian before making any decisions about your pet's health.
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