# Vetplace Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vetplace-co

- Industry: Healthcare IT
- Headquarters: Incheon, South Korea
- Website: www.vetplace.net/
- Latest round: Seed (Jan 7, 2025)
- Investors on record: 2

## About

Founded in 2022, Vetplace Co., Ltd. provides a comprehensive range of services and tools specifically tailored for veterinary professionals. The company has experienced a recent pivot towards AI-driven solutions to improve veterinary services. In January 2025, Vetplace Co., Ltd. raised Seed funding from investor Korea Tech Incubator for Startup, with participation from returning investor Tap Angel Partners, being selected for the Accelerator Investment-Driven Tech Incubator Program. As of January 2025, the company has completed 2 deals, showcasing its growth and market presence. Yoo Seok-hwan is leading the firm as CEO as of 2025.

Vetplace offers several key products and services, including a job search feature, equipment reviews, a community forum, and a group purchase platform for veterinary supplies. The platform also provides veterinary students and professionals with educational resources, news, surveys, and a point-based system for engagement. Additionally, Betplace offers real-time notifications to keep users updated on relevant events and promotions. Vetplace primarily serves veterinary clinics and practices across South Korea, addressing the needs of veterinarians and animal healthcare providers by facilitating procurement processes and access to essential medical equipment. 

 Vetplace generates revenue through a direct-to-consumer model, primarily engaging veterinary clinics and hospitals as their client base. The business operates on a transactional basis, where customers can place orders for both individual products and bulk purchases, such as the surgical supplies offered in packs. The company’s revenue streams are bolstered by special promotional events, such as seasonal sales and group purchasing initiatives that encourage collaboration among veterinary professionals. Vetplace's pricing structure includes competitive rates for its flagship products, with special discounts available during promotional periods. This strategic approach enables the company to foster strong relationships with veterinary practices, ensuring a steady flow of transactions as clients seek to equip their facilities with necessary medical supplies and equipment.

## Funding rounds

- Seed, Jan 7, 2025 — Korea Tech Incubator for Startup, Tap Angel Partners

## Investors

- Korea Tech Incubator for Startup — Seed
- Tap Angel Partners (https://capitalatlas.ai/funds/tap-angel-partners) — Seed