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Petfolk Scoops Up $40M Series B Round

2023-10-19
CHARLOTTE, N.C., Petfolk has announced a $40 million Series B financing round.
Petfolk, the modern veterinary care company providing best-in-class service to pets, pet owners, and veterinarians through a connected care community, is pleased to announce a $40 million Series B. The investment was led by Movendo Capital, a family-backed growth equity investor with a focus on food and beverage, retail, and branded consumer companies throughout Europe and North America. Existing investors including White Star Capital, Idea Farm Ventures, and others, also participated in the round.

Founded by vets who love pets, Petfolk is a new breed in pet care that provides a community of knowledge and accessible solutions right at pet parents' fingertips. Petfolk is beyond what your typical veterinary clinic experience would entail, as the brand embodies a community of care that makes it easier for pet parents and veterinarians to be seen and heard with advances such as 24/7 virtual and instant care, mobile pet care centers, technology for personalized and transparent care plans, a vet-minded employment model, and stress-free physical spaces.
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