logo
logo

FirstVet secures €20M in a Series C funding round led by TELUS Global Ventures

Jun 24, 2024about 1 year ago

Amount Raised

€20 Million

Round Type

series c

StockholmVeterinaryPetAnimal FeedHealth Care

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.

Company Information

Company

FirstVet

Location

Stockholm, Stockholm County, Sweden

About

We're raising happier, healthier pets! Our mission at FirstVet is to serve as the first point of contact for pet parents by making first class pet care easier, cheaper and more enjoyable to access wherever, whenever. Offering on-demand access to trustworthy knowledge and advice from licensed veterinarians as well as science-backed products and services, we provide pet parents with a community of professionals to turn to for support.

Related People

Funding Insights

Based on industry data
VC-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