How Much Did PetDesk Raise?
Funding & Key Investors

PetDesk, a prominent player in the veterinary client engagement and practice management software sector, has secured significant enterprise-level funding. The company's total funding to date stands at $14.1M, with its most recent capital infusion of $12M marking a major strategic investment. This latest financing round, which closed on January 18, 2019, underscores the growing investor confidence in PetDesk's mission to enhance the connection between veterinary practices and pet owners through advanced technology solutions.

What is PetDesk?

PetDesk
SoftwareHealthcare SoftwareMobile App Development

Founded in 2013 and headquartered in San Diego, California, PetDesk operates as a subsidiary of Petvisor. The company offers a robust cloud-based Software-as-a-Service (SaaS) platform designed to empower veterinary clinics and pet care providers by streamlining front-office operations and reducing administrative burdens. PetDesk's integrated system automates critical tasks such as appointment scheduling, prescription refill requests, and digital intake forms, while facilitating seamless two-way communication with pet owners via text and a dedicated mobile application. The platform's comprehensive suite includes automated health service reminders, online booking capabilities, and integrated payment processing, all aimed at improving the efficiency and client experience for veterinary practices. Furthermore, PetDesk provides specialized tools like PetDesk Phones for integrated PIMS data during calls and PetDesk Scribe, an AI transcription service for clinical notes, allowing veterinarians to dedicate more time to patient care. The company's commitment to advancing pet health outcomes is evident in its broad adoption, serving over 8,000 veterinary clinics across North America.

How much funding has PetDesk raised?

PetDesk has raised a total of $14.1M across 2 funding rounds:

2017

Series A

$2.1M

2019

Private Equity

$12M

Series A (2017): $2.1M with participation from Canal Partners

Private Equity (2019): $12M led by PeakSpan Capital

Key Investors in PetDesk

Canal Partners

Canal Partners is a private investment firm that partners with established, profitable businesses to provide liquidity and growth capital. They focus on acquiring or investing in companies with strong management teams and a proven track record.

PeakSpan Capital

PeakSpan Capital is a growth equity firm based in New York City and Silicon Valley, specializing in partnering with growth-stage software companies. With over $2.5 billion in assets under management and a portfolio of more than 54 partnerships, they focus on delivering operational support and strategic guidance to help entrepreneurs scale their businesses effectively.

What's next for PetDesk?

The substantial enterprise-level funding and recent strategic investment position PetDesk for accelerated growth and further innovation within the competitive veterinary technology market. With a clear focus on deepening the client-practice relationship through technology, PetDesk is poised to expand its service offerings and market reach. Future developments are likely to include enhancements to its AI-driven tools, further integration with veterinary practice management systems, and potentially new service verticals that support the broader pet care ecosystem. The company's subscription-based revenue model provides a stable foundation for continued investment in product development and customer support, reinforcing its role as a critical technology partner for veterinary clinics seeking to optimize operations and client engagement.

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Frequently Asked Questions Regarding PetDesk Financial Insights

What are the most recent funding rounds that PetDesk has completed, and what were the funding rounds?
PetDesk has recently completed 2 funding rounds: Private Equity on Jan 18, 2019, Series A on Jun 15, 2017.
What is the total amount of funding PetDesk has raised to date?
PetDesk has raised a total of $14.1M in funding to date.
How many funding rounds has PetDesk completed?
PetDesk has completed 2 funding rounds.
How much funding did PetDesk raise in its most recent funding round?
PetDesk raised $12M in its most recent funding round.
Who are the lead investors in PetDesk's latest funding round?
The lead investor in PetDesk's latest funding round was PeakSpan Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PetDesk's history?
The largest funding round in PetDesk's history was $12M.
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