<?xml version="1.0" encoding="UTF-8"?><!-- Generated by CompSci Transform (tm) - http://www.compsciresources.com --><!-- Created: Tue Feb 24 20:31:40 UTC 2026 --><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:common="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002084921</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Common Stock, $0.00001 par value per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>02/17/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001371285</issuerCik>
        <issuerName>TRUPANION, INC</issuerName>
        <issuerCusip>898202106</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <common:street1>6100 4th Avenue South</common:street1>
          <common:street2>Suite 200</common:street2>
          <common:city>Seattle</common:city>
          <common:stateOrCountry>WA</common:stateOrCountry>
          <common:zipCode>98108</common:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>FELIX HOLDINGS BV</reportingPersonName>
      <citizenshipOrOrganization>P7</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>4296538</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>4296538</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>4296538</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <classPercent>9.89</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>* Based on the 43,430,169 shares of Common Stock of the issuer (the "Common Stock") outstanding as of February 6, 2026, as reported in the issuer's Annual Report on Form 10-K for the period ended December 31, 2025, filed with the Securities and Exchange Commission on February 13, 2026.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>TRUPANION, INC</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>6100 4th Avenue South, Suite 200, Seattle, WA 98108</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>FELIX HOLDINGS BV</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>Sint Bernardusstraat 25
6211 HK Maastricht
The Netherlands</principalBusinessOfficeOrResidenceAddress>
        <citizenship>The Netherlands</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>4,296,538</amountBeneficiallyOwned>
        <classPercent>9.89%</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>4,296,538</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>4,296,538</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>FELIX HOLDINGS BV</reportingPersonName>
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      <signatureDetails>
        <signature>/s/ Gerhard Kotze</signature>
        <title>Gerhard Kotze/Director</title>
        <date>02/24/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
