NEW YORK — Wolf Spring, functional beverage company for dogs, has closed on a $2 million round of seed funding.
Wolf Spring backers include prominent angel investors such as Michael Frizell, founder of Pet Circle; Richard Setterwall, founder of Dogbuddy.com; Baron Davis, two-time NBA All-Star, investor in Vitamin Water; and directors of U.S. pet-focused funds, as well as Harvard and INSEAD Business Angel groups. The funding will accelerate Wolf Spring’s expansion both online and offline and support the release of new stock-keeping units, according to a press release from the company.
Wolf Spring launched in summer 2020 as a “convenient, efficient, and affordable solution for dog parents looking to upgrade their dog’s nutrition,” according to the release. Its four vet-developed formulas help dogs fight issues such as sensitive stomachs, arthritis, dry skin and separation anxiety.
More from the release:
Wolf Spring’s unique form factor was born from the idea that we, as humans, have enjoyed the benefits and the convenience of functional beverages to complement our diet for ages while our four-legged friends could not benefit from a similar product to improve their health.
“We have been amazed at how fast dog parents have adopted Wolf Spring since our launch a year ago. They immediately understood the benefits of our all-natural formulas and saw a real difference in their pup’s health, which is the best reward for us,” said Etienne Legangneux, co-founder. “With hundreds of pet stores already carrying us all over the country and tens of thousands of bottles sold online, we are proud to have helped so many dogs upgrade their nutrition.”
“This Seed round is an important milestone for the company. We have gathered a base of very knowledgeable investors, experienced in the Consumer and the Pet industries. They will be critical to help us scale while providing the best products for dog parents all over the country” said Xavier Delestrade, co-founder. “We want to make Wolf Spring the modern one stop shop for dog’s wellness and are already working on a lot of new formulas which we cannot wait to share with our consumers.”
For more information, visit wolfspring.dog.
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