Petvisor Secures $100M to Revolutionize Pet Care with Advanced Mobile Solutions

Petvisor, a leader in veterinary and pet services business management and client engagement software platforms, has recently secured more than $100 million in strategic investment led by the Apax Digital Funds. This new capital infusion comes at a time when U.S. pet ownership numbers have reached an all-time high of 86.9 million households as reported by American Pet Products Association APPA for 2023, with around 66 of U.S. homes owning pets.

The influx of funding from the Apax Digital Funds, alongside existing investors Frontier Growth and PeakSpan Capital, is set to propel Petvisor into its next phase of growth. This will involve enhancing pet care through advanced mobile solutions while mntning industry-leading customer support services. The company plans to accelerate its research and development activities and strategic acquisition opportunities that complement its comprehensive software platform.

The investment signifies a vote of confidence in Petvisor's mission, which revolutionize the pet care sector using technology. With Apax Digital’s backing, we're not only acknowledging our achievements but also laying the groundwork for future growth, says Tim Callahan, CEO of Petvisor. We started with the vision of creating streamlined solutions for one-clinic practices and have since expanded into a platform that caters to the unique needs of pet healthcare and services providers worldwide.

Mia Hegazy from Apax Digital adds, Our research has clearly demonstrated that Petvisor's technological offering is at the forefront of its industry. We are thrilled to be working with such an innovative company that serves thousands of vet clinics, groomers, and millions of pet parents globally.

Apax Digital’s Dave Pandullo echoes Hegazy’s sentiment stating that since Frontier Growth’s initial investment in 2021, Petvisor has experienced more than a three-fold increase in revenue and clients through strong organic growth. This includes integrating an array of industry-leading solutions such as PetDesk, Vetstoria, Kontak, WhiskerCloud, and Groomer.io into their platform.

Together with Apax Digital's expertise in tech investing and global support from the wider Apax team, Petvisor is poised to unlock its full potential and expand its impact on pet care across borders.

This partnership marks a pivotal moment for Petvisor as they strive to build an integrated platform that enhances the quality of life for pets around the globe.

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