TORONTO — Vetster has raised a total of $10.12 million six months after launching its veterinary telemedicine service.
The investment will be used to fuel the company’s growth and expand its preventive and urgent care services, including a new mobile app for iOS and Android coming in early June, according to a press release.
Since its launch in November 2020, Vetster “has quickly established its marketplace across the US and Canada, making it the largest veterinary marketplace available today,” according to the release. Vetster plans to expand into new regions including the UK, Australia, Europe and Asia-Pacific.
“Vetster is pioneering the global pet-care industry at a critical time when digital-first solutions are needed to connect pet owners with veterinarians and improve access to care,” said Mark Bordo, CEO and co-founder of Vetster. “As the industry adopts telemedicine as a viable path to treat their pet patients and provide care outside of the clinic and clinic hours, Vetster aims to be the leading platform used around the world.”
The investment is led by Whitecap Venture Partners along with Brightspark Ventures, Hedgewood and angels including Wealthsimple’s Michael Katchen and Leen Li, Robert Halpern and Jeff Fettes also contributing to the round.
“The Vetster team’s expertise in building world-class marketplaces is impressive,” said Shayn Diamond, partner at Whitecap Venture Partners. “The company’s growth trajectory, plans for international expansion, and vision for a multi-service pet health marketplace is nothing short of disruptive. We are excited to work alongside the team and help them meet the significant need of the market.”