Fuzzy, a San Francisco-based veterinary startup, closed a $ 44 million funding round to deliver exceptional 24/7 digital veterinary care to pet owners with a simple and affordable membership.
The funding round was led by Icon Ventures with participation from existing investors such as Greycroft, Matrix and Crosscut. Several veterinary clinic groups in the US, UK and Germany, as well as angel investors like Mark Vadon and Jose Feliciano, also participated. This brings the total funding raised by Fuzzy to $ 80.5 million. Tom Mawhinney, general partner at Icon Ventures, referred to the company’s involvement, saying:
“Fuzzy is rethinking the way pets and their owners receive veterinary care in a way that improves results and takes the strain off veterinarians themselves. We believe telemedicine and Fuzzy’s lifelong approach to care will transform pet ownership for millions of homes in the United States and around the world, the same way telemedicine has reshaped for the better. patient and physician care.
Fuzzy was founded with a mission to expand access to veterinary health and preventative pet health education for millions of pet parents. The startup achieves this by using proprietary and innovative telemedicine software to connect users to experienced professionals while shipping medication, food, and supplements to pet parents. Zubin Bhettay, co-founder and CEO of Fuzzy, said of this assignment:
“Pet care has become so expensive that it leads to incredibly sad statistics regarding euthanasia and abandonment of pets. With the explosion in pet adoption, we have also seen veterinary clinics overrun, leading to scarcity of appointments and veterinarian burnout. We believe the industry needs to find new ways to reduce the pressure on veterinarians and use technology to deliver care efficiently, where possible. Fuzzy allows veterinary clinics to free up their schedules and use their time more productively.
According to the American Pet Products Association, a total of $ 103 billion has been spent on pet-related expenses in the United States, with more than 90.5 million households owning a pet. Fuzzy seeks to capitalize on the growing number of pet owners not only by operating in over 25 locations, but also by providing high quality service and convenience, while helping the increasingly exhausted veterinary community to better manage his schedules.