Kensington Capital Partners led the round for the pet telehealth platform, with participation from PetMed Express and existing investors Whitecap Venture Partners and Brightspark Ventures. (The Logic)
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Kensington Capital Partners led the round for the pet telehealth platform, with participation from PetMed Express and existing investors Whitecap Venture Partners and Brightspark Ventures. (The Logic)
Talking point: In an interview with The Logic, CEO Mark Bordo emphasized the strategic investment from PetMed Express, a Nasdaq-listed company that operates an online pet pharmacy in the U.S. Vetster raised a $12.25-million Series A last May, but its growth since then has been “nothing in comparison with the supercharged growth that we’re about to experience,” Bordo said. The company plans to market its platform to the more than two million pet owners and 70,000 vets that use PetMed’s service, he added. Vetster will also use PetMeds’ logistics network to deliver medicine and over-the-counter diagnostic tests to customers.
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