A Pet’s Dream: Online Veterinarian Services Platform Vetster Raises $12.25 Million in Funding
Just six months after its launch in November of 2020, Vetster roared to a $12.25 million Series A funding round. The round was led by Whitecap Venture Partners with additional participation from Brightspark Ventures, Hedgewood, and angels such as Wealthsimple’s CEO Michael Katchen. This comes after Vetster had exceeded initial growth targets by 250%. The funding will go towards expanding Vetster’s presence in the telemedicine field, including the launch of its new mobile app for iOS and Android, which is scheduled for early June 2021.
While it is currently the largest online veterinary platform available today, CEO and co-founder Mark Bordo wants it to be “the leading platform used around the world”. The new funding will help Vetster in its vision of expanding into new regions like Asia, Europe, the UK, and Australia. With “pandemic puppies” in high demand pushing pet ownership to an all-time high, telemedicine has become a hotbed for immense growth and Vetster is at the forefront of the evolution of veterinary services. Perhaps pets will appreciate having the vets come to them for a change!
Author: Nisheet Karthikeyan, 2021 Summer Student-at-law
Photo Credit: https://unsplash.com/@star2dev
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