FirstVet secures €20M in a Series C funding round led by TELUS Global Ventures
Jun 24, 2024•about 1 year ago
Amount Raised
€20 Million
Round Type
series c
Investors
Cathay InnovationMubadala CapitalOmers VenturesTelus Global Ventures
Description
FirstVet, a pet healthcare company founded in Stockholm in 2016, has successfully closed a €20 million Series C funding round. The round was led by TELUS Global Ventures, with support from existing investors OMERS Ventures, Mubadala Capital, and Cathay Innovation. FirstVet plans to utilize the funding to scale its services in North America and extend its reach through new partnerships.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech