# PetVoice

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

- Industry: Medical Devices & Equipment
- Headquarters: Tokyo, Japan
- Website: www.petvoice.co.jp
- Total disclosed funding: $1.6M
- Latest round: Series B (Oct 12, 2022)
- Investors on record: 4

## About

Based in Japan, PetVoice specializes in developing health-monitoring devices for pets, enhancing pet health management through advanced technology and real-time health tracking.Founded in Tokyo, Japan, in 2020, PetVoice develops health-monitoring solutions for pets. The company raised JPY 150 million in a Series B funding round on October 12, 2022, co-led by Future Venture Capital and Spiral Innovation Partners, with participation from Saison Ventures and SMBC Venture Capital. PetVoice has completed 2 funding deals to date. The current CEO is Atsushi Fukada, who leads the company in its innovative endeavors.PetVoice specializes in the development and provision of innovative health-monitoring devices for dogs and cats. Key products include the PetVoice CORE, a lightweight sensor that tracks vital health metrics such as respiratory rate and activity levels, and the PetVoice BELT, which secures the CORE on pets. The system includes the PetVoice HOME, connecting to the CORE to deliver real-time environmental data. This subscription-based service enables pet owners to monitor their pets' health through a dedicated app, with a focus on timely health insights and veterinary consultations. PetVoice targets urban areas in Japan, collaborating with local veterinary clinics for enhanced health monitoring.PetVoice utilizes a subscription-based revenue model, charging a recurring monthly fee of approximately JPY 980 for access to its health monitoring services after an initial purchase of the PetVoice BELT. The model fosters customer retention by providing ongoing health tracking and veterinary support. Additionally, PetVoice offers a promotional one-week trial plan for JPY 980 in selected regions to attract new users. The primary revenue source is individual pet owners, with plans to partner with veterinary practices to strengthen its market position.Following the Series B funding round in October 2022, in which PetVoice raised JPY 150 million, the company plans to invest in product development to enhance its offerings. Future initiatives include launching new health-monitoring devices tailored to pets and expanding its market presence beyond urban Japan into other regions by 2024. The recent funding will support these strategic expansions and innovations.

## Funding rounds

- Series B, Oct 12, 2022, $1M — SMBC Venture Capital, MIRAIDOOR, Spiral Capital, Saison Ventures
- Series A, Jul 14, 2021, $0.5M — MIRAIDOOR

## Investors

- MIRAIDOOR (https://capitalatlas.ai/funds/miraidoor) — Series A, Series B
- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series B
- Spiral Capital (https://capitalatlas.ai/funds/spiral-capital) — Series B
- Saison Ventures (https://capitalatlas.ai/funds/saison-ventures) — Series B