What is FirstVet?
Founded in 2016, FirstVet operates a sophisticated mobile application that facilitates real-time video consultations between pet owners and licensed veterinarians. By providing immediate, accessible medical guidance, the platform addresses the growing demand for convenient pet healthcare solutions. The company has effectively disrupted traditional veterinary care models by integrating digital accessibility with professional expertise, ensuring that pet owners receive timely advice, which reduces unnecessary clinic visits and enhances overall animal welfare. Its market position is characterized by high user engagement and a strong footprint in the competitive European HealthTech sector.
How much funding has FirstVet raised?
FirstVet has raised a total of $82.9M across 4 funding rounds:
Series A
$5.9M
Series B
$20.5M
Unspecified
$35M
Series C
$21.5M
Series A (2018): $5.9M with participation from Creandum
Series B (2019): $20.5M led by Creandum and Omers Ventures
Unspecified (2020): $35M supported by Mubadala, Creandum, OMERS Ventures, and Cathay Innovation
Series C (2024): $21.5M featuring OMERS Ventures, Cathay Innovation, and Mubadala Capital
Key Investors in FirstVet
OMERS Ventures
OMERS Ventures is a prominent investment group that manages pension assets and provides strategic backing to high-growth technology companies.
Cathay Innovation
Cathay Innovation is a global venture capital firm that supports multi-stage startups by connecting them to a worldwide ecosystem of technology and healthcare expertise.
Mubadala Capital
Mubadala Capital is an Abu Dhabi-based asset management firm that focuses on diverse investment strategies and sustainable financial returns across international markets.
What's next for FirstVet?
With this latest capital injection, FirstVet is well-positioned to accelerate its international expansion and further refine its digital consultation platform. The strategic focus will likely center on enhancing the user experience through technological innovation and potentially broadening its service offerings to include more comprehensive pet health management tools. As the company moves into its next phase of maturity, the emphasis will remain on scaling operations while maintaining the high standard of care that has defined its brand. Investors are clearly betting on the long-term viability of the digital-first veterinary model as a permanent fixture in the global pet care ecosystem.
See full FirstVet company page
