The pandemic has increased the adoption of telehealth services and this is no different for pets. According to the American Pets Product Association, Americans spent $99B on their pets in 2020. Yet 81% of pet owners would not be able to cover an unexpected $5,000 out-of-pocket expense for their furry loved one. Pawp is a digital health clinic and telehealth platform for pet owners and their pets that connects them with vetted veterinary professionals in minutes, without needing an appointment. The company also provides an annual $3,000 emergency safety benefit for emergency vet services that’s included within the $19/mo subscription fee. Pawp covers up to six pets in a single household and the subscription providers coverage regardless of a pet’s age, breed, and pre-existing conditions. AlleyWatch caught up with CEO and Cofounder Marc Atiyeh to learn more about how the pandemic not only drove the demand for telehealth vet service but also pet adoptions, the company’s future strategic plans, and latest round of funding led by Lux Capital.
According to the American Pets Product Association, Americans spent $99B on their pets in 2020. With the growing popularity of IoT, Americans also spent ~$10B on wearables last year. Fi, the company behind a proprietary GPS-enabled smart collar for dogs, fuses the two. Aside from tracking location, the collars monitor the movement, activity, and sleep patterns of the dog and the company is increasingly focused on using machine learning to address potential health issues that may arise and be detected from the data it collects. Fi’s Series 2 collar, which has a battery life of 3 months without a charge, retails at $149 and the GPS tracking service is $99/yr. AlleyWatch caught up with Cofounder and CEO Jonathan Bensamoun to learn more about the inspiration for the business, the company’s future plans, experience managing its supply chain during the pandemic, and latest round of funding from investors that include Longview Asset Management, Advance Venture Partners (AVP), Gokul Rajaram RRE Ventures, Lerer Hippeau, and Freestyle.
As we spend more time at home, how we view our pets has changed and pet adoption and ownership have surged. However, 81% of pet owners would not be able to cover an unexpected $5,000 out-of-pocket expense for their furry loved one. The pet health insurance sector has emerged to address this risk and is currently valued at ~$2B per annum with approximately 2.8 million pets insured in North America. Pawlicy Advisor allows pet owners to rapidly make sense of the various pet insurance options available with its data-driven marketplace. Pet parents can compare and contrast their insurance options to makes sure they are selecting the best coverage with transparency and efficiency in less than 5 minutes. AlleyWatch caught up with Cofounder and CEO Woody Mawhinney to learn about how his own experience with his Shar Pei, Wrigley, led him to found Pawlicy Advisors, the effect of the pandemic on the pet industry, and the company’s latest round of funding from investors that include Rho Capital Partners, Defy Partners, Slow Ventures, and Entrepreneurs Roundtable Accelerator.
The pandemic has increased the adoption of telehealth services and this is no different for pets. Hello Ralphie is a marketplace that connects pet owners with vetted professionals that provide veterinary telehealth services. Founded by a former developer at Rent the Runway, who enrolled at Wharton to build the platform, Hello Ralphie offers immediate appointments with veterinary technicians to diagnose appropriate treatment options and address any emergencies. The company has experienced a whopping 800% increase in users since March and its service is available nationwide. AlleyWatch caught up with Founder and CEO Felicity Johnson to learn more about the inspiration for Hello Ralphie, the company’s impressive traction, and recent funding round from HearstLab and WPMC Fund.
Despite cats as pets outnumbering the number of dogs, cats have been overlooked with most of the focus on our canine friends, and much of the products for cats are really just repurposed from dog-centric offerings. Smalls is the direct-to-consumer human-grade cat food brand designed specifically for cats and their loyal owners. AlleyWatch caught up with CEO and Cofounder Matt Michaelson to learn more about building a cat-centric brand in a dog-centric world, the company’s biology-based approach, and recent funding round from investors that include Left Lane Capital, Founder Collective, and Companion Fund.
While many pet and wellness brands produce food that rivals the freshness and nutrition of human food, Spot & Tango creates human-grade meals for pets. Spot & Tango’s selection of food is transparently engineered with sustainable ingredients that have no additives, fillers, or preservatives that are commonly found in commercial kibble. The company’s newest product, […]
We are on mission to redefine what it means to be a “cat person” and fill a major gap in the $75B+ pet market. Our cat person is, first and foremost, someone who cares tremendously for their cat – they see them as a member of their family – and they want to give their cat the best nutrition when it comes to food. Our cat person is also someone who cares about how their products work, both for their cats as well as themselves. And, people who are frankly frustrated with the confusing experience today of having to shop at multiple places for their cat’s essential needs. They want to care for their cat but just need a more convenient experience and way to do that.
Pet insurance is currently a $1.42B market in the Us alone. It is one of the fastest-growing lines of voluntary insurance, doubling in market size every three years.
The average, lifetime cost that pet owners pay to get their dog groomed can top out at a whopping $14,400. Routine preventative and wellness care for dogs is expensive and Wagmo developed a new type of pet insurance that covers day-to-day essentials including grooming and dental work. Wagmo offers three tiers of annual membership plans […]
New Yorkers are serious about many things – like brunch, pizza, and bagels but it’s not outlandish to say that New Yorkers are most serious about their pets. That’s why Bond Vet has launched the first NYC urgent care and walk-in veterinary clinic. Offering the convenience of late hours and walk-in immediate access, Bond Vet […]
Pet parents don’t have to feel helpless when they have to give their pets medicine, now that Mixlab is around. This modern pet pharmacy schedules same-day or next-day delivery of medicine with a few clicks. The company also has built expertise in compounding allowing them to provide medicine that is customized and tailored to your […]