Felix&Fido closes $4 million pre-seed funding round
The US membership-based veterinary company aims to fuel the launch of premium veterinary services.
A $4 million (€3.65M) pre-seeding funding round led by Seattle-based Pioneer Square Labs (PSL) is helping the venture company reimagine the future of pet care.
Historically focusing on technology-driven companies, PSL’s latest spinoff is into the pet care industry through Felix&Fido, a membership-based veterinary service delivering premium, personalized, and convenient health care for pets.
The services combine in-clinic, telehealth, and at-home care in Washington state.
Recognizing that current veterinary methods in the $34 billion (€31B) annual market for veterinary services are “outdated,” the venture capital fund believes that technological innovation in the care sector will better suit the growing industry demand catering to the pandemic-led influx of pet adoptions.
“The veterinary services industry is ripe for disruption, and we’re confident that our approach to pet care will make a valuable difference for pets and providers, all without compromise,” commented CEO and Co-Founder Gavin Woody.