emma Ventures leads CHF 3.2m Pre-Series A round in Calingo Insurance

Zurich, 07.08.2024 - Calingo Insurance, an Insurtech based in Zurich and leading Swiss pet insurance provider, is thrilled to announce the successful closing of its Pre-Series A funding round, securing a capital increase of CHF 3.2 M. Especially during these challenging times, we are more than grateful to have investors believing in our mission and in our stable business model, which demonstrates strong and promising traction.

The funding round was led by emma Ventures, and supported by Zürcher Kantonalbank, StartAngels and existing investors who continue to support our scaling efforts. Our investors reflect strong confidence in Calingo's innovative approach and growth potential. The secured capital will be utilized to scale operations and expand our reach within the Swiss market, ensuring pet owners receive high-end insurance services.

The successful closing of this round underscores the robustness of Calingo's business model and the growing demand for quality pet insurance. Calingo is committed to continuous innovation and excellence in customer service, ensuring the best care for pets and peace of mind for their owners.

Anina Lutz, CEO of Calingo Insurance, said: "We are incredibly grateful to our investors for their trust in our team and support in our mission. We are excited about the opportunities this funding creates for expanding our reach and enhancing our services."

Katja Baur, Co-Founder and Managing Partner of emma Ventures, added: "We are very excited to join Calingo Insurance's excellent founder team on their journey. Their high-quality product is unique and serves the fast-growing demand for pet health insurance in an underserved market."

For more information, please visit www.calingo.ch.