OverviewSuggest Edit

Trupanion is a pet insurance provider based in Seattle, Washington, that offers and administers cat and dog insurance in the United States, Canada and Puerto Rico. The Company offers a simple plan that covers the actual veterinary costs for medications, diagnostic tests, and surgeries including hereditary and congenital disorders. 

TypePublic
Founded2000
HQSeattle, WA, US
Websitetrupanion.com
Employee Ratings4
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)738(+26%)
Job Openings80
Revenue (FY, 2020)$502 M(+31%)
Share Price (Sept 2021)$83(-3%)
Cybersecurity ratingCMore

Key People/Management at Trupanion

Darryl Rawlings

Darryl Rawlings

Founder & CEO, Director
Asher Bearman

Asher Bearman

Chief Strategy Officer, Executive Vice President, Business Development
Chantal Catteeuw

Chantal Catteeuw

VP of Veterinary Systems & Strategy
Tricia Plouf

Tricia Plouf

Chief Financial Officer
Steve Weinrauch

Steve Weinrauch

Chief Veterinary & Chief Product Officer
Jackie Davidson

Jackie Davidson

Director
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Trupanion Office Locations

Trupanion has offices in Seattle, Albuquerque, Anchorage, Asheville and in 17 other locations
Seattle, WA, US (HQ)
6100 4th Ave S
North Vancouver, CA
185 Forester St
Show all (21)

Trupanion Financials and Metrics

Trupanion Revenue

Trupanion's revenue was reported to be $502.03 m in FY, 2020
USD

Revenue (Q1, 2021)

154.7m

Gross profit (Q1, 2021)

21.1m

Gross profit margin (Q1, 2021), %

13.6%

Net income (Q1, 2021)

(12.4m)

EBIT (Q1, 2021)

(12.7m)

Market capitalization (14-Sept-2021)

3.3b

Closing stock price (14-Sept-2021)

83.0

Cash (31-Mar-2021)

133.1m
Trupanion's current market capitalization is $3.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

115.9m147.0m188.2m242.7m304.0m383.9m502.0m

Revenue growth, %

27%28%

Cost of goods sold

420.1m

Gross profit

81.9m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

28.1m30.3m33.3m35.6m37.9m42.7m45.8m48.4m54.7m58.3m63.1m69.8m73.4m78.2m87.0m92.2m99.3m111.3m117.9m130.1m154.7m

Cost of goods sold

133.6m

Gross profit

21.1m

Gross profit Margin, %

14%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

53.1m18.0m23.6m25.7m26.6m29.2m139.9m

Accounts Receivable

20.4m31.6m54.4m99.1m

Prepaid Expenses

2.9m5.3m5.5m8.2m

Current Assets

84.7m53.6m65.4m86.6m118.0m158.8m337.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(21.2m)(17.2m)(6.9m)(1.5m)(927.0k)(1.8m)(5.8m)

Depreciation and Amortization

1.7m2.5m3.8m4.2m4.5m5.6m7.1m

Inventories

(369.0k)(905.0k)48.0k

Accounts Payable

449.0k(347.0k)652.0k3.0m4.5m4.1m10.0m
USDQ2, 2014

Debt/Equity

-0.6 x

Debt/Assets

0.5 x

Financial Leverage

-1.2 x
Show all financial metrics

Trupanion Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Average Pet Acquisition Cost (PAC)

$121$134$133$129$132$123$120$120$123$128$135

Lifetime Value of a Pet (LVP)

$591$567$570$591$591$603$622$624$631$637$654

Monthly Average Revenue per User

$44.14$44.34$45.1$45.15$45.04$46.12$46.77$48.37$47.82$50.5$50.99

Total Pets Enrolled

232.45 k246.11 k259.95 k276.99 k291.82 k307.3 k320.9 k334.07 k343.65 k364.26 k383.29 k
Show all operating metrics

Trupanion Revenue Breakdown

Embed Graph

Trupanion revenue breakdown by business segment: 92.1% from Subscription business and 7.9% from Other business

Trupanion Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Trupanion Online and Social Media Presence

Embed Graph

Trupanion Company Culture

  • Overall Culture

    D-

    58/100

  • CEO Rating

    C-

    64/100

  • Compensation

    D

    58/100

  • Diversity

    F

    46/100

Learn more on Comparably

Trupanion News and Updates

Trupanion Reveals Top 10 Dog Names and Breeds in Celebration of National Dog Day

‘Bella’ leaps two spots to claim most popular dog name in 2021. Labrador Retrievers wins the hearts of many as it tops the list as the most popular, behind the mixed breed. ‘Bella’ leaps two spots to claim most popular dog name in 2021. Labrador Retrievers wins the hearts of many as it tops the list…

Trupanion Announces Participation at the Canaccord Genuity 41st Annual Growth Conference

SEATTLE, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP) announced today that the Company will participate virtually in the Canaccord Genuity 41st Annual Growth Conference on Thursday, August 12, 2021. Tricia Plouf, Co-President, is scheduled to present at 3:00 pm ET and participa…

Trupanion Reminds Pet Parents to Keep it Cool During the Dog Days of Summer

Heat stroke claims jump 4.5 times over the summer months Heat stroke claims jump 4.5 times over the summer months

Trupanion, Inc. Announces Second Quarter 2021 Earnings Release and Conference Call

SEATTLE, July 19, 2021 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), the leader in medical insurance for cats and dogs, announced today it will report financial results for its 2021 second quarter after the market closes on Thursday, August 5, 2021. The company will host a conference call th…

Trupanion Partnership with We Rate Dogs Shines Light on Mental Health Challenges Faced by Veterinary Professionals

Ongoing collaboration furthers reach of TruCuddle, a worldwide movement to address and offer support for challenges faced by the veterinary profession Ongoing collaboration furthers reach of TruCuddle, a worldwide movement to address and offer support for challenges faced by the veterinary professio…

Trupanion Announces Participation at the BofA Securities 2021 InsurTech Conference

SEATTLE, June 28, 2021 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP) announced today that the Company will participate in the BofA Securities 2021 InsurTech Conference on Wednesday, June 30, 2021. Tricia Plouf, Co-President, is scheduled to present virtually at 4:15 pm ET.
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Trupanion Blogs

Can Dogs Tell Time? Dog Owner Questions Answered

Have you ever wondered how your dog always knows when you’re coming home? Naturally, your dog may be curious about your arrival, but do they know your schedule? Some may even be asking, “Can dogs tell time?” Fortunately, we sat down with Trupanion veterinarian Dr. Sarah Nold to learn more about your…

Trupanion Ranked One of the Best Companies to Work for in Seattle

Read on to learn more about our ranking on the 2021 Best places to work list from Built in Seattle. The post Trupanion Ranked One of the Best Companies to Work for in Seattle appeared first on The Trupanion Blog.

Recap: New Pet Parent Webinar

Check out the recap here! The post Recap: New Pet Parent Webinar appeared first on The Trupanion Blog.

Hyperthyroidism in Cats: A Pet Owner Guide

Read on to learn more about this popular cat topic from Dr. Sarah Nold. The post Hyperthyroidism in Cats: A Pet Owner Guide appeared first on The Trupanion Blog.

What You Need to Know about Kitten Health Insurance

Read on to learn more about a Trupanion policy and how it can help your new best friend. The post What You Need to Know about Kitten Health Insurance appeared first on The Trupanion Blog.

What to Expect After Neutering or Spaying Your Cat

Read on to learn more about this popular cat topic from Trupanion veterinarian Dr. Caroline Wilde. The post What to Expect After Neutering or Spaying Your Cat appeared first on The Trupanion Blog.
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Trupanion Frequently Asked Questions

  • When was Trupanion founded?

    Trupanion was founded in 2000.

  • Who are Trupanion key executives?

    Trupanion's key executives are Darryl Rawlings, Asher Bearman and Chantal Catteeuw.

  • How many employees does Trupanion have?

    Trupanion has 738 employees.

  • What is Trupanion revenue?

    Latest Trupanion annual revenue is $502 m.

  • What is Trupanion revenue per employee?

    Latest Trupanion revenue per employee is $680.3 k.

  • Who are Trupanion competitors?

    Competitors of Trupanion include Odie Pet Insurance, Healthy Paws Pet Insurance and Pawlicy Advisor.

  • Where is Trupanion headquarters?

    Trupanion headquarters is located at 6100 4th Ave S, Seattle.

  • Where are Trupanion offices?

    Trupanion has offices in Seattle, Albuquerque, Anchorage, Asheville and in 17 other locations.

  • How many offices does Trupanion have?

    Trupanion has 21 offices.