Nationwide has made another strategic investment in VitusVet, a provider of mobile solutions for pet owners and veterinary practices. Nationwide will also serve on the VitusVet board of directors.
The investment is not part of the Nationwide venture capital investment fund.
Nationwide initially partnered with the Baltimore company in 2016 when VitusVet introduced its smartphone app with the goal of helping pet owners get their pets on the road to recovery as quickly as possible.
As part of the initial partnership, Nationwide pet insurance customers were given exclusive access to VitusVet app claims submission function. To date, Nationwide pet insurance members have filed more than 635,000 claims through the VitusVet app.
“When Nationwide began our partnership with VitusVet, we saw the potential of how their groundbreaking technology could streamline the process of a customer submitting a pet insurance claim. We, and our members, have seen that potential realized during the past three years,” Nationwide Senior Vice President of Emerging Businesses Peter McMurtrie said. “This investment will help VitusVet continue their work of finding new and exciting ways to improve the connection between pet owners and pet health care providers.”
VitusVet, founded in 2013, is also a portfolio company with the Dingman Center Angels, a Maryland based angel investment group that provides funding to early-stage companies in the Mid-Atlantic region.