TeleVet raises $43 million and rebrands
TeleVet, which offers a customer engagement platform for veterinary clinics, has closed a $43 million Series B round with backing from Mercury Fund, Boehringer Ingelheim, and Hill’s Pet Nutrition.
The startup is also introducing its new identity – going from TeleVet to Otto.
Otto now serves 8,000 veterinary professionals. Aside from streamlining customer communications, Otto helps clinics accept payments and create their own pet care plans.
“We’re proud that Otto is one of the fastest-growing veterinary software companies in the country. Our team has worked incredibly hard to deliver value out of the gate with minimum complexity. Our clinics are seeing 66% faster intake, 50% reduction in no-shows, 40% increase in RX sales and more. With our new investment and partnerships, we are excited to continue our pace of innovation, and expand support to more clinics than ever.” – Zeynep Young, CEO of Otto.