Dalma, the animal mutual, raises 15 million euros

French insurance company Dalma has just raised 15 million euros. An amount that already places it among the most important raises of the semester in an ecosystem that is still beginning to take off outside Europe. It must be said that the market for animal health mutuals has still been under-invested and shows great promise of growth.

Two founders looking for partners

L’écosystème assurtech français should stop this semester on a good note, to slow down investment, particularly overseas. Among the important rises of this first half of the year will be noted that of Dalma, of 15 million euros (in series A).

This insurance for dogs and cats was launched just one year ago, in May 2021, with a raise of two million euros by the broker Ollie. The brand is, in particular, made known to the general public last January, when two founders Alban de Préville and Raphaël Sadaka appear on the show. “Who wants to be my partner?” » on the M6.

They had come to offer investors 5% of the capital of their mutual animal for 300,000 euros. Eventually, they failed to convince them, but less than six months later, this fundraiser confirms the potential of this market.

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A niche market?

Insurance has the effect of developing more products such as home insurance, car insurance, or further borrower insurance. For this reason, an important space is to conquer the part of mutuelle santé chiens and chat. During their TV appearance, the two entrepreneurs mentioned a market estimated at 300 million euros for France alone, which would be worth one billion euros within five years.

Recently, an impressive fundraiser partially confirmed this prospect: the British neo-insurance Bought by many (now Lots of pets) concluded a collection of no less than $ 350 million (series D) last year. The silver medal of the most important raise of the year 2021 therefore goes to a mutual society for pets.

It must be said that across the English Channel, the “Coverage rate” of animals exceeds 60%, compared to just 10% in France. In order to get rid of an ultra-competitive market such as digital home insurance, an insurance company like Lovys, for example, has also positioned itself on this policy since last autumn.

Developer one super application for owners

To maintain its lead, Dalma relies on two lines of development following its launch: the recruitment of more than thirty employees (or a doubling of staff) and the creation of a “Super application” for pet ownerswhich will allow access, on a single interface and on the same interface, to all the services they need (consultation of a veterinarian on line, follow-up of reimbursements, practical information and advice, etc.).

For now, the Dalma app already proposes to benefit from veterinary advice through private messages. On the formula side, the rates are staggered depending on the dogs between 12.99 euros and 22.99 euros per monthet between 8.99 euros and 15.99 euros for chats. La mutuelle promises a 48-hour refund, a reward for the integrity of the costs, all without filing or management fees. You can find these offers and get your idea by filling out the form below.

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