5 years ago
FirstVet Secures $35M to Expand Virtual Vet Consultations in the US
Sweden-based FirstVet, an on-demand video consultation platform for pet owners, has raised $35 million in a Series B funding round led by Mubadala Capital
The company plans to use the funding to expand its presence in the United States, where it recently launched with 14 staff members in New York
FirstVet offers 24/7 expert advice and diagnoses for various animals, addressing the rising costs of veterinary care and increasing insurance penetration in the market.
ProblemHealthcare
"Veterinary visits are expensive and people are reluctant to seek vet care because of the cost."
Solution
"FirstVet offers a video-based vet consultation service that is available 24/7 and can be used to diagnose a variety of animals, including cats, dogs, horses, and reptiles."