# FirstVet

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

- Industry: Healthcare IT
- Headquarters: Stockholm, Sweden
- Website: www.firstvet.com
- Total disclosed funding: $83M
- Latest round: Series C (Jun 24, 2024)
- Investors on record: 5

## 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.

## Funding rounds

- Series C, Jun 24, 2024, $21M — TELUS Ventures, Cathay Capital, OMERS Ventures, Mubadala Capital
- Series C, Nov 13, 2020, $35M — Creandum, Cathay Capital, OMERS Ventures, Mubadala Capital
- Series B, Nov 5, 2019, $21M — Creandum, OMERS Ventures
- Series A, Jun 26, 2018, $5.9M — Creandum

## Investors

- Creandum (https://capitalatlas.ai/funds/creandum) — Series A, Series B, Series C
- OMERS Ventures (https://capitalatlas.ai/funds/omers-ventures) — Series B, Series C
- Cathay Capital — Series C
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series C
- TELUS Ventures (https://capitalatlas.ai/funds/telus-ventures) — Series C