# Petcube

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

- Industry: Consumer Products
- Headquarters: Wilmington, US
- Website: www.petcube.com
- Total disclosed funding: $14M
- Latest round: Series A (Oct 25, 2017)
- Investors on record: 4

## About

Petcube, Inc. specializes in advanced pet care technology, offering smart cameras and monitoring systems that enhance pet owners' ability to connect with and care for their pets remotely.Founded in 2012 in Wilmington, US, Petcube, Inc. provides innovative pet monitoring solutions. The company was established by Alexander Neskin, Andrey Klen, and Yaroslav Azhnyuk, and is currently led by CEO Anastasia Kukhar and Yaroslav Azhnyuk. Petcube successfully raised USD 10.00 mn in its Series A funding round, attracting investors such as AVentures Capital, Almaz Capital Partners, and Y Combinator. The total amount raised by the company stands at USD 10.00 mn across 5 deals.Petcube is a leading provider of innovative pet care technology, primarily focused on smart pet cameras and monitoring solutions designed for both cats and dogs. Their flagship products include the Petcube Cam, which provides real-time video streaming and two-way audio communication, enabling pet owners to interact with their pets remotely. The Petcube Cam 360 enhances this experience with a rotating camera that offers a wider view, while the Petcube Bites 2 Lite allows users to toss treats to their pets from a distance. Additionally, the Petcube GPS Tracker offers location tracking and activity monitoring for pets, addressing concerns around lost pets and ensuring their well-being. These products are marketed to pet parents across various geographical locations, including the United States, Canada, Europe, and Australia, catering to a growing clientele of tech-savvy pet owners seeking peace of mind regarding their pets' safety and health.Petcube generates revenue through direct-to-consumer sales of its core products via their online platform, as well as through subscription services like Petcube Care, which offers premium features such as extended video history and emergency veterinary services. Customers can purchase individual devices like the Petcube Cam at prices starting from approximately USD 29.99, while subscription plans begin at USD 5.99 per month for enhanced services. This pricing structure supports a recurring revenue model, where consumers pay for both hardware and supplementary services, creating a continuous engagement with the Petcube ecosystem. The combination of one-time product sales and ongoing subscription fees positions Petcube to capitalize on the increasing demand for smart pet technology among pet owners.Petcube plans to introduce new products designed to further enhance pet care and monitoring, with specific release dates to be announced. The company is focused on expanding its presence in new markets, particularly in Europe and Asia, by the end of 2024. Recent funding from 408 Ventures will be utilized to support product development and market expansion efforts.

## Funding rounds

- Series A, Oct 25, 2017, $10M — Almaz Capital, Y Combinator, AVentures Capital
- Seed, Dec 29, 2015, $2.6M — Almaz Capital, Y Combinator, AVentures Capital
- Seed, Mar 17, 2015, $1.1M — Almaz Capital, SOSV, AVentures Capital

## Investors

- Almaz Capital (https://capitalatlas.ai/funds/almaz-capital) — Seed, Series A
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- AVentures Capital (https://capitalatlas.ai/funds/aventures-capital) — Seed, Series A
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A