FirstVet AB Asset Profile

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Year established

2016

Location

Stockholm Sweden

Primary Industry

Healthcare IT

About

Founded in 2016 and based in Stockholm, Sweden, FirstVet AB provides pet owners with an online platform for veterinary care. In June 2024, FirstVet AB raised EUR 20 million in Series C funding led by investor TELUS Ventures, with participation from investors OMERS Ventures, Mubadala Capital, and Cathay Innovation. FirstVet's primary service is online video consultations with veterinarians. The platform allows pet owners to book appointments with licensed veterinarians. These consultations cover various aspects of pet health, including general check-ups, behaviour advice, and minor injuries or illnesses. Additionally, FirstVet’s online pharmacy provides a wide range of prescription medications for pets. Customers can order medicines directly through the platform, with home delivery options available. The company’s online store features a variety of pet products, including food, supplements, grooming supplies, and accessories, all recommended by veterinarians. The company generates revenue by selling the products, which cost SEK 9 to SEK 1539. The company will use the June 2024 funding to support product development and expansion.

Current Investors

Creandum, OMERS Ventures, Cathay Capital

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Primary Industry

Healthcare IT

Sub Industries

Pet Products, Healthcare IT, Web Applications

Website

www.firstvet.com

Verticals

E-commerce, HealthTech, Mobile Apps

Company Stage

Series C

Total Amount Raised

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