Petfolk, a company seeking to transform the veterinary industry, has secured $40m from a Series A funding round.
The round was headed by White Star Capital and founder of Freshly Michael Wystrach. Also taking part was Triple Point Capital and angel investors Miranda Lambert, Dierks Bentley, Jimmie Johnson, Erik Jones, Danica Patrick, Cameron Duddy and many more.
Petfolk claims it is at the forefront of transforming the fragmented, understaffed veterinary industry by providing modern, accessible, professional pet care facilities accompanied by a proprietary technology and data platform for consumers.
The company has said it plans to launch its new 24/7 virtual care service, an offering that will allow pet parents access to expert advice and veterinarians, anytime, from anywhere.
Petfolk co-CEO and founder Audrey Wystrach said, “I couldn’t be more excited to have the support of this amazing group of investors and pet lovers as we set out to reshape the industry. This capital will allow us to rapidly expand our #1 ranked veterinary practices to more communities, pets, and vets. Our aim is to make ownership and care significantly more enjoyable for pet parents and the amazing vets who provide their services.”
Michael Wystrach added, “Our aim is to be the most loved, fastest growing and eventually largest vet service provider in the country. We are very unique in the space because we are long-term builders who believe there is opportunity to drastically improve the veterinary service industry for both the vet staff and pet parents.”
Copyright © 2022 FinTech Global