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Bought By Many to launch in all 50 US states after $350m raise

Steven Mendel, Bought By Many

Bought By Many has raised $350m (£247m) and secured a valuation of over $2bn, with CEO Steven Mendel telling Post that the pet insurtech aims to launch in all 50 US states by “this time next year”.

UK headquartered Bought By Many launched in the US market in March 2021 under the name Many Pets. The brand is currently live in Illinois and is being rolled-out nationwide.

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