December 2, 2022
Top Pet Care Funding 2022, Pets Table & HelloBello
🐶 Industry News
– I’m heading to Boston next week to attend the Petcare Innovation Summit. Let me know if you will be attending and want to connect. First beer is on me.
– Top pet care funding of 2022 (so far):
Company | Amount | Round | Location | Sector | Description |
The Honest Kitchen | $150M | Private equity | San Diego | Food | Premium pet food sold in over 6,000 retail locations |
Modern Animal | $75.5M | Series C | Los Angeles | Vet Care | High tech vet clinics |
INVETX | $60.5M | Series B | Boston | Pharma | Biotherapeutics for pets |
Spot & Tango | $51.7M | Series A & B |
NYC | Food | DTC dog food |
Laika | $48M | Series B | Bogota | eComm | Chewy.com of Latin America |
Petfolk | $40M | Series A | Charlotte | Vet Care | Vet clinic chain across the south |
The Vets | $40M | Seed | NYC | Vet Care | At-home vet care |
– Dutch, a San Francisco pet telehealth company, has started offering pet insurance to its customers. For an extra $9 per month, customers can get accident-only coverage through a partnership with Pet’s Best. Will be interesting to see if this helps Dutch increase sales. In the past, accident-only coverage (which excludes illnesses & diseases) has proven unpopular with pet parents, mostly because they fail to read the fine print and assume every condition is covered.
September 30, 2022
Vetted Pet Health & 7 Euro pet startups
💰 Financing & Deals
• Pets Table, a Mexico City-based DTC startup that ships meals to dogs throughout Mexico, closed a $2M Seed round. Founded in 2019, the company plans to expand into other countries next year.
• On a similar note, HelloBello, a Vienna DTC startup that also ships dog meals, landed a $2M Seed Round. The company focuses on the German-speaking markets and has delivered over 500,000 meals.
• Vetic, an operator of high-tech vet clinics across India, closed a $3.7M Seed round. The company currently operates 4 clinics, with plans to scale to 15 by next summer.
🤷 Somewhat Relevant
• Snoop Dogg is getting into the pet accessory business, releasing a line of toys, bowls, leashes and apparel. Surprised he isn’t offering CBD treats as well.
• A secret way to travel cheap: pet sitting.
• The Wildest, a pet news resource from Kinship, has launched a subscription service that combines telehealth & DNA testing.
💼️ Pet Industry Jobs
• Marketing Manager – Direct & Partner – Trupanion (Remote)
• E-Commerce Marketing Manager – Dogtopia (Remote)
My Dog is a Robot covers the pet technology industry. Keep up with the latest news about products, services and companies in the pet tech space. | Contact Us |