Odie Pet Insurance, a full-service pet health insurance company on a mission to democratize pet insurance by bringing a new generation of pet owners into the market, announced that it recently closed a $3 million round of funding.
The funding was led by RedBird Capital Partners (“RedBird”) and will be used for continued investment in technology, product and marketing to deliver a streamlined platform for greater coverage flexibility, stable and predictable annual premiums and shared values around pet wellness.
In addition, Odie has announced two new members of the executive team, including Debra Hyman as Chief Marketing Officer and Bryant Maroney as Chief Technology Officer.
Hyman has spent more than 20 years leading consumer and sales marketing for startups across media, wellness and commerce. She will be responsible for building the company’s B2B and B2C marketing functions, overseeing awareness and acquisition efforts and strategic growth initiatives.
Maroney will be accountable for leading technology strategy, formulation, development and cross-functional delivery of Odie’s software systems. Previously, Maroney was CTO at Spot Pet Insurance, where he led software development and product teams to hyper-growth development of new products, innovative systems architecture and data modeling strategies.
“Over the past few years, we’ve seen a tremendous increase in pet ownership, which has led to unprecedented momentum and higher demand for the product via new distribution outlets, strategic partnerships and embedded offerings,” said Miles Thorson, Co-Founder and CEO of Odie Pet Insurance. “Our vision is to enable pet parents to have more control more than their finances and the overall wellness of their pets.”
“I believe we have a unique opportunity to offer a differentiated insurance product to a generation that is consistently looking for flexibility and relatability. I am excited to partner with RedBird and grow the company through the expansion of its systems, partnerships and key hires.”
For more information, visit Odie.