# Zumvet Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zumvet-pte

- Industry: Consumer Services
- Headquarters: Singapore
- Website: www.zumvet.com
- Total disclosed funding: $4.7M
- Latest round: Series A (Oct 21, 2022)
- Investors on record: 5

## About

Zumvet Pte. Ltd. is a Singapore-based company that offers a range of veterinary services, including virtual consultations and in-clinic care, to enhance pet health and well-being through convenient and professional support.Founded in 2019, Zumvet Pte. Ltd. specializes in providing veterinary care, focusing on telemedicine to connect pet owners with licensed veterinarians. The company has successfully completed two funding deals, with the most recent being a Series A round in October 2022, securing USD 3.62 mn from investors including Quest Ventures and Pine Venture Partners. The current valuation of the company stands at USD 17.67 mn. The firm is led by CEO Athena Lee, who brings a background in veterinary services to the company's operations.ZumVet Singapore provides a comprehensive suite of veterinary services aimed at enhancing pet health and well-being. Their core offerings include virtual consultations, in-clinic services, and a curated online shop, ZumShop, featuring pet products vetted for quality and authenticity by veterinarians with over 18 years of experience. The platform addresses a variety of common pet health issues, including gastrointestinal troubles and behavioral problems, making it accessible for pet owners seeking expert advice from the comfort of their homes. ZumVet's services cater primarily to pet owners across Singapore and potentially other Southeast Asian markets, allowing them to connect with licensed veterinarians seamlessly. Additionally, their unique approach integrates telemedicine, which not only optimizes convenience for pet owners but also ensures that high-quality care is readily available regardless of location.The revenue model of ZumVet revolves around direct-to-consumer transactions through a combination of teleconsultations, in-clinic visits, and the sale of veterinary-approved products on ZumShop. Clients engage with the platform by booking services such as teleconsultations for health advice or in-person visits for comprehensive care, with each service contributing to overall revenue generation. The firm offers a membership structure that may include benefits such as discounted consultations and product purchases for regular customers, enhancing customer loyalty and engagement. The pricing structure for services reflects standard market rates for veterinary care and pet products, though specific costs are established based on the individual needs of clients. Through these structured offerings, ZumVet positions itself as a key player in the pet care industry, providing value through expert services and quality products.In October 2022, Zumvet Pte. Ltd. raised USD 3.62 mn in Series A funding to support its expansion strategy. The company plans to broaden its offerings to include more pet species and to enter new markets across Southeast Asia by the end of 2024. The funding will be utilized to enhance the platform's services and expand its geographical reach, ensuring that more pet owners can access quality veterinary care.

## Funding rounds

- Series A, Oct 21, 2022, $3.6M — Quest Ventures, Pine Venture Partners, Pentepebble Holdings
- Seed, Apr 13, 2021, $1.1M — Aetius Capital, Pine Venture Partners, Purpose Venture Capital

## Investors

- Aetius Capital (https://capitalatlas.ai/funds/aetius-capital) — Seed
- Pine Venture Partners (https://capitalatlas.ai/funds/pine-venture-partners) — Seed, Series A
- Purpose Venture Capital (https://capitalatlas.ai/funds/purpose-venture-capital) — Seed
- Quest Ventures (https://capitalatlas.ai/funds/quest-ventures) — Series A
- Pentepebble Holdings — Series A