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Vinge represents Lassie AB in a capital raising of SEK 260 million

November 29, 2023 M&A

Vinge has advised the pet insurance broker Lassie AB in connection with a capital raising of SEK 260 million in order to continue the expansion of the business.

Lassie AB, whose business model is based on users reducing their insurance costs by collecting points through preventive animal care, was founded by Hedda Båverud Olsson, Johan Jönsson and Sophie Wilkinson and the company has grown rapidly since the first capital round just over two years ago.

The capital round, which was led by the British venture capital firm Balderton Capital, also involved a number of existing investors, including the institutional investors Felix Capital, Inventure and Passion Capital.

Vinge's team consisted of Filip Öhrner and Tim Axell.

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