The Venture Codex Logo

The Venture Codex

Eusoh

9001 Wilshire Blvd Ste 207, Beverly Hills, California, 90211, United States

Overview

Eusoh deploys a community loss-pooling model to offer pet insurance at substantially lower prices than traditional products. The company launched into the US pet market and has demonstrated 50% savings for customers in their first year. Eusoh emphasizes a lighter capital structure and behavioral changes to manage risk and unlock novel distribution channels. It is building out a digital distribution plan with leading pet and pet-health brands. Founder Allen Kamrava has said the company plans to expand from petcare into healthcare. Eusoh was founded in 2017. Eusoh is a crowdsharing software platform led by Dr. Allen Kamrava that provides a transparent way for consumers to share unexpected expenses, beginning with vet care. The service lets consumers select and join groups to crowd-share costs, streamlining expense sharing and avoiding the storage and collection costs that burden traditional risk-pooling models. The company is operating a beta on eusoh.com, with full access limited to a select group of early adopters and brand ambassadors; visitors currently have limited access. Eusoh raised $2M in seed funding and plans to use the funds to further scale its technology and marketing operations. The company projects a Series A round in the coming months to accelerate growth into additional markets. The platform emphasizes scalable technology and community-based expense sharing as its core product approach.

Total raised
$3M
Funding rounds
2
Latest round
Equity
Latest activity
Feb 2021

Industries

  • Crowdfunding
  • Crowdsourcing
  • Health Care
  • Health Insurance
  • Insurance
  • InsurTech
  • Peer to Peer
  • Pet
Visit website

Recent funding

  1. Equity

    Feb 2021

    $1M

  2. Seed

    Jun 2018

    $2M

Team