Fursure offers a pet insurance service that utilizes direct payment technology to settle veterinary bills at the point of care, eliminating the need for upfront payments and lengthy reimbursement processes. By providing personalized coverage plans and a user-friendly app for managing policies and medical records, Fursure simplifies access to veterinary care for pet owners.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional pet insurance models often require pet owners to pay the full veterinary bill upfront and then wait for reimbursement, creating a financial burden and delaying necessary care. This process can be cumbersome, involving lengthy claims submissions and uncertainty about the amount of reimbursement.
Solution
Fursure provides a pet insurance service that streamlines the payment process by directly paying veterinary bills at the point of care. Through its Vet Pay technology and a Fursure Visa debit card, the company eliminates the need for pet owners to pay the full amount upfront. Pet owners can submit a cost estimate through the app, and upon approval, swipe their Fursure card to have the covered portion of the bill paid directly from their insurance policy. This direct payment system ensures that pet owners can afford the best care for their pets without financial strain or delays.
Target Audience
Fursure targets pet owners who want accessible and affordable pet insurance with a simplified claims process and immediate financial assistance at the vet.
Features
- Direct payment to vets via the Fursure Visa debit card, eliminating upfront costs for covered procedures
- Mobile app for submitting vet visit quotes and managing insurance policies
- Personalized coverage plans for new and unexpected injuries and illnesses
- Optional wellness plan add-on for routine care coverage
- No network restrictions, allowing pet owners to visit any licensed vet in the U.S.
- Digital storage of pet medical records within the app