Wednesday, June 18, 2014

Trupanion Files For IPO

Seattle-based Trupanion, a provider of pet insurance, filed for an IPO this week, saying that it is looking to raise up to $75.0M. The company says it has applied to list as TRUP on the New York Stock Exchange. The IPO is being underwritten by RBC Capital Markets, Barclays, Stifel, Canaccord Genuity, and Cowen and Company. Trupanion is venture backed by Maveron, Highland Consumer Fund, and RenaissanceRe Venture. The firm is being represented by Fenwick & West LLP in the deal, and is being audited by Ernst & Young LLP; the underwriters are represented by DLA Piper LLP.