Wagmo Secures Curql Investment to Expand Pet Healthcare Across US Credit Unions

Strategic investment could bring pet insurance, routine care benefits and 24-hour virtual veterinary support to a wider credit union market

NEW YORK, July 14, 2026: Pet healthcare platform Wagmo has received a strategic investment from Curql, opening a new route to bring pet healthcare benefits to credit unions, their employees and members across the United States.

Curql is backed by more than 160 credit unions that jointly invest in financial technology companies. The investment reflects growing concern over the rising cost of pet care and the financial pressure veterinary bills can place on families.

Wagmo targets the US credit union market

The partnership will give Wagmo an opportunity to offer its pet healthcare services through the large US credit union network.

Wagmo’s services include pet insurance, wellness reimbursements and 24/7 virtual veterinary care. Its wellness plans can help reimburse routine pet care expenses such as veterinary visits, vaccinations, grooming and dental care.

The company says its pet healthcare plans already reach more than 5 million employees across over 19,000 employer groups. Curql’s investment is expected to support further expansion.

Rising veterinary costs are changing employee benefits

The investment comes as the cost of veterinary care becomes an increasingly important issue for US pet owners.

Wagmo says veterinary bills increased by an estimated 11% in 2025 and were 40% higher than five years earlier. The company reported reimbursing $6.3 million in claims during 2025, including $1.7 million for vaccines and $1.1 million for blood tests. These are company-reported figures.

This financial pressure is helping push pet healthcare into workplace benefit discussions. For employers and financial organisations, pet benefits are increasingly being considered alongside other services designed to reduce unexpected household expenses.

Curql brings access to more than 160 credit unions

Curql represents a large investment network built around the US credit union industry.

Its network includes more than 160 credit unions, while Curql says credit unions collectively serve more than 140 million members and manage about $2 trillion in assets. Curql also reports more than $600 million in assets under management.

In 2025, Curql Fund II closed at $360 million, following its $252 million first fund. The group has partnered with more than 50 financial technology companies.

For Wagmo, this network could provide direct access to a large group of potential employer and member benefit partners.

Pet healthcare affordability moves into financial services

The Wagmo–Curql investment is important because it connects pet healthcare with financial wellbeing.

Unexpected veterinary bills can place pressure on household finances. Wagmo’s model aims to spread or reimburse some pet healthcare costs while also providing access to virtual veterinary support.

Curql said its investment strategy focuses on companies that can strengthen the financial wellbeing of credit union members. Its investment in Wagmo suggests that pet healthcare costs are increasingly being viewed as a wider household financial issue.

Why the Wagmo and Curql deal matters

This is not a veterinary hospital acquisition or an animal health drug deal. Instead, it highlights a fast-growing part of the pet healthcare market: how families pay for veterinary care.

As veterinary costs rise, pet insurance, wellness reimbursement plans, employer pet benefits and virtual veterinary services are becoming a larger part of the animal health industry.

The Curql investment gives Wagmo access to a network of more than 160 credit unions and could take pet healthcare benefits to millions of additional US consumers.

The deal also sends a wider message to the veterinary industry: affordability and access to pet care are becoming major business issues, not simply concerns for individual pet owners.