What is felmo?
felmo offers a comprehensive suite of veterinary services for dog and cat owners, combining the convenience of at-home visits with a robust digital platform. The company's app serves as a digital health companion, enabling pet owners to access medical records, communicate with veterinarians via chat, conduct digital health checks, and schedule appointments. Notably, these at-home services are priced comparably to traditional in-patient veterinary visits, making advanced pet care more accessible. Founded in 2019, felmo is strategically positioned to capture a growing market segment seeking integrated, tech-enabled solutions for pet wellness.
How much funding has felmo raised?
felmo has raised a total of $17.8M across 1 funding round:
Series B
$17.8M
Series B (2021): $17.8M with participation from 468 Capital, Redalpine, HV Capital, and Burda Principal Investments
Key Investors in felmo
468 Capital
468 Capital is an investment firm that likely focuses on technology and growth-stage companies, given its domain. Their participation suggests a belief in felmo's scalable business model and market potential.
Redalpine
Redalpine is a thesis-driven venture capital firm with expertise in software and science, established in 2006. The company focuses on empowering game changers and disrupting industries to create a better world. With a unique team comprising both scientists and operators, Redalpine is well-positioned to support highly technical companies. They provide strategic and hands-on support to their portfolio companies, believing in the power of big ideas to drive innovation.
HV Capital
HV Capital Enrolled Agents, based in Dallas, Texas, specializes in tax preparation and planning services for small businesses and individuals. The firm offers a range of services including personal CFO, business consulting, strategic business planning, and assistance with IRS tax problems. Their target clients include business owners, executives, and independent professionals seeking expert tax advice and support. HV Capital is committed to providing affordable, experienced, and friendly service to help clients minimize their tax liabilities.
What's next for felmo?
The substantial enterprise-level capital infusion, highlighted by the recent strategic investment, positions felmo for accelerated expansion and further development of its innovative service model. This backing is expected to fuel enhancements in its digital platform, broaden its geographic reach within Germany and potentially beyond, and scale its network of veterinary professionals. The company's focus on integrating technology with essential veterinary care aligns with broader trends in the pet tech industry, suggesting a strong outlook for continued growth and market penetration.
See full felmo company page
