PETKIT Network Technology (Shanghai) Co.
Latest round
- Series D
Last raised
- Aug 2021
Total raised
- $85M
Investors
- 8
About PETKIT Network Technology (Shanghai) Co.
, Ltd develops products focused on improving pet health and convenience.PETKIT specializes in innovative pet care technology, primarily offering a range of smart devices designed to enhance the health and well-being of pets while providing convenience to their owners. The flagship product, the PUROBOT Ultra, is a fully automated self-cleaning litter box that utilizes a 180° rotating AI camera to monitor cats' urinary habits, thereby providing health insights from entry to exit. Other notable products include the EverSweet Max, a cordless water fountain that operates for up to 83 days and allows owners to track their pets' hydration patterns through a connected app, and the YumShare Solo, a smart feeder equipped with an AI camera that enables pet owners to schedule meal portions and monitor eating behaviors via continuous video.PETKIT operates through a direct-to-consumer sales model via its online platform, complemented by retail partnerships with pet supply stores and e-commerce retailers. The revenue structure is driven by the sale of its flagship products, including the PUROBOT Ultra and the EverSweet series, which are sold at fixed prices. Additionally, PETKIT offers subscription services through its app for ongoing monitoring and maintenance of their smart devices, enhancing customer retention and engagement. Transactional dynamics typically involve customers purchasing individual products or subscribing to enhanced features, with products priced individually based on their advanced technology and functionality. The company is planning to launch new products designed to further enhance pet care solutions. PETKIT aims to expand its market presence into new geographic regions, specifically targeting additional markets in North America and Europe by 2023.
Who invested in PETKIT Network Technology (Shanghai) Co.
8 investors across 6 rounds
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Funding rounds
Questions about PETKIT Network Technology (Shanghai) Co.
Who invested in PETKIT Network Technology (Shanghai) Co.?
PETKIT Network Technology (Shanghai) Co. has 8 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PETKIT Network Technology (Shanghai) Co. raised?
PETKIT Network Technology (Shanghai) Co. has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did PETKIT Network Technology (Shanghai) Co. last raise money?
PETKIT Network Technology (Shanghai) Co.'s most recent round on record is a Series D, in Aug 2021.
What does PETKIT Network Technology (Shanghai) Co. do?
, Ltd develops products focused on improving pet health and convenience.
Where is PETKIT Network Technology (Shanghai) Co. headquartered?
PETKIT Network Technology (Shanghai) Co. is headquartered in Shanghai, China.
Which VCs invest in companies like PETKIT Network Technology (Shanghai) Co.?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at PETKIT Network Technology (Shanghai) Co.'s stage. Their profiles are linked below.
VCs backing consumer products startups at Series D
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