# Felmo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/felmo

- Industry: Healthcare
- Headquarters: Berlin, Germany
- Website: www.felmo.de
- Total disclosed funding: $18M
- Latest round: Series B (Jul 14, 2021)
- Investors on record: 5

## About

Based in Germany, Felmo GmbH is a pet health company specializing in mobile veterinary services, providing a convenient and stress-free alternative to traditional veterinary visits for pet owners and their pets.Felmo GmbH, founded in 2019 in Berlin, Germany, offers mobile veterinary services that prioritize pet comfort during medical care. The company was established by Lars Giere and Philip Trockels who have a background in creating customer-centric services. Felmo has successfully completed three funding deals, with the most recent being the Series B round on July 14, 2021, raising EUR 15.000 mn from prominent investors including Burda Principal Investments, HV Capital, Redalpine Venture Partners, and 468 Capital, achieving a current company valuation of EUR 77.816 mn.Felmo provides a comprehensive range of mobile veterinary services designed for dogs and cats, offering house calls by qualified veterinarians who perform various medical procedures, including vaccinations, euthanasia, and neutering. This service aims to alleviate pet anxiety associated with veterinary visits. Felmo operates in urban regions across Germany, including Berlin, Hamburg, and Munich, facilitating convenient access to veterinary care through an app that allows appointment scheduling and access to pets’ health records.Felmo’s revenue model is based on direct transactions for veterinary services performed at customers' homes. Customers book appointments via the felmo website or mobile app, selecting a suitable time and specifying their pet’s needs. Pricing aligns with the standardized fee schedule for veterinarians in Germany, with payment made via invoice within a week of service. This model enhances customer loyalty through the convenience of home visits and personalized care.In July 2021, Felmo GmbH raised EUR 15.000 mn in Series B funding led by Burda Principal Investments, which will be utilized to expand its e-commerce offerings and support further growth within the team. The company aims to enhance its service portfolio with new products designed to improve pet health management and is also exploring opportunities to enter new geographic markets as part of its long-term strategy.

## Funding rounds

- Series B, Jul 14, 2021, $18M — HV Capital, Redalpine, Burda Principal Investments, 468 Capital
- Series A, Jan 14, 2021 — HV Capital, Redalpine, 468 Capital
- Seed, Jul 23, 2020 — HV Capital, MPGI, 468 Capital

## Investors

- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Seed, Series A, Series B
- MPGI — Seed
- 468 Capital (https://capitalatlas.ai/funds/468-capital) — Seed, Series A, Series B
- Redalpine (https://capitalatlas.ai/funds/redalpine) — Series A, Series B
- Burda Principal Investments (https://capitalatlas.ai/funds/burda-principal-investments) — Series B