EQT Growth Invests in Bought By Many as Part of $350M Series D

June 1, 2021

EQT Growth (via EQT AB's balance sheet) has invested in Bought By Many (Many Group Ltd), a digital-first pet insurance provider, as part of the company’s $350 million Series D round that values the business at over $2 billion pre-money. The growth investment will support Bought By Many’s international expansion (UK, Sweden, US) and continued product innovation; Carolina Brochado from EQT Growth will join the company's board.

Buyers
EQT Growth, EQT AB (invested via balance sheet)
Targets
Bought By Many Ltd (Many Group Ltd / ManyPets)
Location
England, United Kingdom
Transaction Type
Growth capital

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