Veterinary care insurance for family pets - dogs and cats - exists on the market, but it has its limitations and is not widely used. A new player is about to enter the market with a significantly modified concept, with the ambition to take over the market. A startup in which you can acquire a stake either directly or through Venture Club Invest. The project has precisely set steps, KPIs, exit strategy. The project was presented at D Day 10: 19.9.2017 and received investment from full members, which you can now join! The offer is non-public, only for club members.
www.petexpert.cz www.mojpetexpert.sk
Forbes 5/2025: Měli nás za blázny. Jak Brit v Česku vybudoval největší pojišťovnu pro zvířata | Forbes
Addendum as of 6/13/2023: today we have sent a supplemental payout from the Pet Care Insurance (PetExpert) investment. This completes and settles the investment. Thank you for your cooperation and we look forward to more.
Addendum to 16/11/2022: we have successfully completed the investment. The company Royal Blue (PetExpert insurance company) is sold, we have signed the last share transfer agreement and received confirmation of the ongoing payment. Sold at the planned price. Congratulations :-)
They wrote about us for example here: FeedIt, Czech Crunch, E15, Fintech Global, Trupanion
The project was presented at D 10 Day on 19.9.2017 - the investment was a total of CZK 18 million (12 million equity and 6 million loan, later converted into a share) for a 40% stake. The club entered with a group of investors through Venture Club Invest s.r.o. into ABC Space, s.r.o. and it acquired a stake in Royal Blue (selling insurance policies under the license of ČSOB) with a subsidiary Petexpert Europe (settling insurance claims and operating subsequently in several European countries). After 3.5 years, the dog and cat insurance, PetExpert, is the fastest growing Pet product and is used by more than 11,000 users in the Czech Republic (as of 1-2021). The company operates in Slovakia, is opening in Belgium, and is already financially self-sufficient. Another round of investment is planned with an interesting valuation, to enter other European markets. October 2022: threshold of 25,000 contracts, company goes global. Investment successfully completed after five years.
