Israeli startup The Vets announced recently that is has secured $40 million in a seed funding round. The latter was led by investment and branding firm Target Global and venture capital firms PICO Venture Partners and Bolt Ventures.
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The Vets provides a full range of at-home pet care services through technological innovation and says its platform is "redefining the pet healthcare sector with flexibility for pet owners, veterinarians, and technicians including full diagnostics services during home visits.
"The home visit experience means pets are more relaxed and so are the pet parents. It saves a lot of time, reduces unnecessary stress, and allows us to provide the veterinary care your pet truly deserves," the company said.
Founded this year, the startup's mission is to "marry technological innovation and at-home veterinary care" to benefit both pet owners and veterinarians.
The Vets offers services in 10 US cities: Miami, Tampa, Dallas, Austin, Houston, Portland, Seattle, Las Vegas, Denver, and New York. The company said the new funding will be used to expand operations and veterinarian recruitment to 25 additional cities by the end of 2022, "to meet the demand of the nearly 106 million American households that own a cat and/or dog."
"For too long, veterinarians have been overworked, underpaid, and under-appreciated. At our core, we believe happy, healthy pets come from happy, healthy vets," Daniel Sagis, CEO and co-founder of The Vets, said in a statement.
"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."
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