The Vets raises $40 million
The Vets, a startup providing at-home pet care, has secured $40 million in seed funding led by Target Global, PICO Venture Partners, and Bolt Ventures.
Founded in 2021 as part of co-founder Target Global’s venture building program, The Vets offers pet parents a variety of services such as sick visits, wellness exams, vaccinations, lab tests, microchipping, and more. The startup works with vets promising no more than six client visits per day and a 4-day workweek. It is live in Miami, Tampa, Dallas, Austin, Houston, Portland, Seattle, Las Vegas, Denver, and New York City, serving over 7,000 pets to date.
“For too long, veterinarians have been overworked, underpaid, and under-appreciated. At our core, we believe happy, healthy pets come from happy, healthy vets. This funding round will further position The Vets as the next generation of pet healthcare, leveraging preemptive technology, allowing us to strengthen our footprint and penetrate new markets much more efficiently and effectively.” – Daniel Sagis, CEO and co-founder of The Vets.
“I joined The Vets because I was looking for something different than a traditional veterinary clinic. I missed the bond I created with my pet clients and patients as I had so many appointments throughout the day. The Vets built an environment where I have more time to cultivate relationships. When I am able to help patients or pet parents that cannot physically get to the clinic for help, it is more rewarding for me.” – Dr. Amanda Cairncross, Veterinarian, DVM.
“As the pet care industry doubles over the next decade, the healthcare system around it is fundamentally flawed. We were energized by The Vets’ willingness to challenge the $120 billion pet care industry and wanted to build a consumer brand together that would bring true value to veterinarians and pet owners by addressing the problem head-on.” – Shmuel Chafets, chairman at The Vets and co-founder at Target Global.