Lassie AB

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Lassie AB - overview

Established

2020

Location

Stockholm, -, Sweden

Primary Industry

Insurance

About

Based in Stockholm, Sweden, and founded in 2020 by Hedda Baverud Olsson, Johan Jonsson, and Sophie Wilkinson, Lassie AB operates as a pet insurance company that offers pet insurance services to minimize the risk of expenses to pet injury. In January 2026, Lassie AB raised EUR 63. 2 million in series C funding co-led by Stena Sessan, Balderton Capital, Felix Capital, Inventure and Passion Capital. Lassie provides a digital insurance platform that offers pet insurance that covers veterinary care, life insurance, hidden defects, dental care, advanced diagnostics, medicine, Caesarean section, rehabilitation, feed, and more for dogs and cats.


The platform also allows users to compare pet insurances. In addition, the company also offers a mobile application for both android and iOS users where individuals can learn how to keep their pets healthy, along with accumulate points and lower insurance costs. The company will use the January 2026 funding to enter new European markets, improve its digital insurance platform and claims system, and hire staff to support growth and operations.


Current Investors

Inventure, Passion Capital, Felix Capital

Primary Industry

Insurance

Sub Industries

Personal Insurance, Insurance Intermediaries

Website

www.lassie.co

Verticals

Artificial Intelligence, InsureTech, Mobile Apps

Company Stage

Series C

Total Amount Raised

Subscriber access only

Lassie AB - timeline of key events

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Lassie AB - financials

Fiscal Year EndedDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)1,924,843---
% Revenue Growth (YoY)----
EBITDA (USD)(13,451,386)---
Operating Income (USD)(13,451,386)---
Operating Margin(698.8%)---
% EBITDA Margin(698.8%)---
NET Income (USD)(13,464,696)---
% Net Margin(699.5%)---

Lassie AB - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series CCompletedLassie AB-
Series BCompletedLassie AB-
Series ACompletedLassie AB-
SeedCompletedLassie AB-
Unspecified RoundCompletedLassie AB-

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Lassie AB - employee data

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