What is Avid Identification Systems?
Avid Identification Systems Inc. is a specialized provider of pet microchip technology and comprehensive recovery services. Their offerings, including the PETtrac Recovery Network, are designed to enhance pet safety and facilitate the reunification of lost animals with their owners. Serving pet owners, shelters, veterinarians, and wildlife organizations, Avid emphasizes lifetime enrollment without recurring fees, supported by a 24/7 hotline. The company's commitment to pet safety is a cornerstone of its market strategy.
How much funding has Avid Identification Systems raised?
Avid Identification Systems has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Avid Identification Systems
PPP
Public-Private Partnership
What's next for Avid Identification Systems?
The recent strategic investment in Avid Identification Systems, occurring within a large-scale late-stage funding context, suggests a focus on scaling operations, enhancing its technological infrastructure, and potentially expanding its market reach. This capital infusion is likely to fuel further innovation in pet tracking and recovery, reinforcing Avid's role as a leader in pet safety. Future developments may include broader integration with veterinary networks and shelter systems, as well as advancements in microchip technology for improved durability and data security.
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