Paris-based Dalma, a pet insurance company, announced today a €20 million Series B funding round broaden its offering, potentially introducing direct payment system for policyholders and the launch of an e-shop for health and wellness pet products.
The funding round was led by Breega, with support from its existing investors Northzone and Anterra Capital, alongside Bpifrance’s Digital Venture 3 fund—dedicated to innovative technology companies in the digital sector.
“This funding opens a decisive new chapter for Dalma in its mission to revolutionise pet welfare across Europe,” said Alban de Préville, Co-founder of Dalma. “Our vision goes beyond traditional insurance: we aim to transform the way pet parents care for their companions. This new growth phase will enable us not only to strengthen our presence in France and Germany but also to accelerate our expansion into new European markets.”
Founded in 2021 by Alban de Préville, Raphaël Sadaka, and Harry Belinga, Dalma looks to redefine pet health insurance with an innovative and transparent approach. Currently operating in France and Germany, Dalma reportedly offers “unlimited free veterinary advice and contracts with no hidden fees” to its 60k pets already insured.
With 700% growth since its Series A and profitability already achieved in France, Dalma is well-positioned to establish itself as a key player in the pet insurance industry.
“Dalma’s added value rests on two essential pillars: a more efficient insurance model than its competitors and an exceptional customer experience, recognised as one of the best in the market,” added de Préville.
Dalma advertises that in just two clicks, customers can customise their coverage. Through its app, veterinary expenses are reimbursed and veterinarians can be contacted 24/7 via chat and video calls, while also providing educational programmes designed in collaboration with animal welfare experts.
Thanks to AI, Dalma can now analyse and reimburse claims instantly, while the industry norm typically takes several days.
“Dalma is capturing a unique market timing and dynamics, combining a societal wave in favor of animal welfare with inflationary pressure in the broader veterinary sector. Their natural response: an insurance and prevention product for pets, which has already convinced nearly 60,000 owners. Breega is very happy to join this adventure alongside Alban and Raphaël,” said Benjamin Deplus, Partner at Breega.
“In just a few years, Dalma has successfully created the most transparent and high-performing insurance product on the market, combined with a strong brand that has already become a must-have for pet owners. We are confident that this unique combination will enable Dalma to establish itself as the European leader in the sector. We are delighted to support Dalma in this new chapter,” says Claire Castel, Investment Director at Bpifrance Digital Venture.
“We are doubling down on Dalma, confident that their innovative blend of technology and deep customer understanding will reshape the European pet care industry,” added Maarten Goossens, founding partner at Anterra Capital
With this new funding round, Dalma is planning to broaden its offering to become the go-to well-being partner for pet parents. New features under consideration include the introduction of a direct payment system for policyholders and the launch of an e-shop featuring a curated selection of top health and wellness products for pets.
“This new phase allows us to look to the future with ambition and responsibility: building an insurance and service ecosystem that redefines pet welfare in Europe. We carry this mission with passion and determination to better support pet parents in their daily lives,” concluded de Préville.
Read the orginal article: https://www.eu-startups.com/2025/03/in-just-two-clicks-dalma-raises-e20-million-to-expand-its-pet-insurance-offering/
