Veterinary tech attracts investors who understand pet ownership economics and the massive shift from in-clinic to at-home care. Most funds won't touch pure-play veterinary clinics, but they'll back diagnostic platforms, telemedicine, and pet insurance with decent unit economics. The sector grew 23% in 2025 despite broader market slowdowns.
Bessemer Venture Partners: Led Fuzzy's $16M Series A in early 2025, focusing on membership-based vet care models.
Lewis & Clark Ventures: Backed Vetcove's $30M Series B in mid-2025, specializing in veterinary supply chain efficiency.
Tusk Venture Partners: Invested $12M in Whisker's pet tech expansion in late 2025, targeting smart devices and pet data.
Leap Venture Partners: Closed a $15M round with Digitail in 2025, focused on veterinary practice management software.
Lux Capital: Put $20M into Basepaws in early 2026, betting on pet genomics and personalized animal health.
First Round Capital: Led Pawp's $8.5M seed round in 2024 and doubled down with $18M Series A in 2025.
Declaration Partners: Invested $25M in Anivive Lifesciences in late 2025, focused on animal therapeutics and FDA-approved treatments.
Slow Ventures: Backed Kinship's $100M round in 2025, combining pet care with pet parent community platforms.
Initialized Capital: Put early money into VetTriage in 2024, followed with $10M Series A in 2025 for veterinary telehealth.
Pear VC: Invested $6M in PetDesk's growth round in 2025, targeting vet clinic communication and engagement platforms.
Rock Health: Backed VetSource's expansion in 2025 with focus on pet prescription fulfillment and pharmacy integration.
Colle Capital Partners: Led Vetsource's late-stage growth with $40M in early 2026, focusing on prescription management scalability.
Innovation Endeavors: Invested in Petriage's $8M Series A in late 2025, backing AI-powered pet symptom checkers.
Resolute Ventures: Put seed funding into GuardianVets in 2024, followed with $7M in 2025 for after-hours veterinary triage.
Cathay Innovation: Backed Vetster's $30M Series B in 2025, focused on on-demand virtual vet consultations.
Experience: Look for funds that backed at least two animal health companies through Series B. Consumer pet investors often don't understand veterinary workflows or regulatory complexity.
Network: Ask if they can connect you to veterinary hospital networks or pet insurance underwriters. Those relationships matter more than generic retail connections.
Alignment: Veterinary tech has longer sales cycles than consumer pet products. Funds expecting DTC-style growth in 12 months will push you toward bad decisions.
Track record: Check whether their portfolio companies actually scaled with veterinarians or just burned cash on pet owner acquisition. Most failed vet tech startups died from ignoring the B2B2C model.
Communication: Use Ellty to share your deck with trackable links. You'll see who actually opens your veterinary partnership slides versus just looking at consumer traction.
Value-add: Generic promises about "opening doors to PetSmart" don't help if you're selling practice management software, especially if they don’t understand long pitch-deck cycles. Ask for specific intros to veterinary groups or animal health executives.
Identify potential investors: Check Pitchbook for funds that led rounds in Vetcove, Fuzzy, or Pawp. Don't pitch consumer pet funds unless you have clear DTC revenue. Most won't understand veterinary reimbursement models.
Craft a compelling pitch: Show veterinarian adoption rates and revenue per clinic. Investors are tired of pet owner surveys without proof that vets will actually use your platform or recommend your product.
Share your pitch deck: Upload to Ellty and send trackable links. Monitor which pages investors spend time on. If they skip your veterinary sales pipeline, that's useful information about their actual interest level.
Utilize your network: Message founders from Vetcove, Digitail, or PetDesk on LinkedIn. Ask which funds helped with veterinary network access versus which just wired money and disappeared, and how they maintained startup momentum in enterprise cycles.
Attend networking events: Animal Health Investment Forum and VMX Innovation Summit are where actual deals happen. Skip general SaaS conferences unless you're purely a software play.
Engage on online platforms: Connect with partners after getting a warm intro from a portfolio company founder. Cold LinkedIn messages to vet tech investors rarely work unless you have exceptional traction.
Organize due diligence: Set up an Ellty data room with your veterinary partnership agreements and clinic retention data before they ask. It speeds up the process and shows you understand their diligence priorities.
Set up introductory meetings: Lead with your unit economics per veterinary clinic or per pet parent, depending on your model. Don't waste 15 minutes explaining the pet ownership market. They already know it.
Veterinary tech funding hit $1.2B in 2025, up from $890M in 2024. The shift from venture-backed standalone clinics to software and diagnostics is real. Investors learned that owning physical vet practices doesn't scale well.
Telemedicine, at-home diagnostics, and practice management software raised the most capital in early 2026. Pet insurance integration and prescription fulfillment platforms are close behind. Avoid funds still chasing the veterinary clinic consolidation play unless you're actually building that.
Bessemer led Fuzzy's Series A and understands membership-based veterinary models better than most generalist funds.
Lewis & Clark specializes in veterinary supply chain and led Vetcove's growth round when others hesitated on B2B vet tech.
Tusk backed Whisker and focuses on connected pet devices with real data moats, not just hardware.
Leap invested in Digitail and understands veterinary practice workflow software better than generic SaaS investors.
Lux led Basepaws and bets on science-heavy animal health with real IP moats, not just consumer brands.
First Round backed Pawp early and doubled down when traction proved the telehealth model works for pets.
Declaration invested in Anivive and focuses on FDA-regulated animal therapeutics, not just consumer pet products.
Slow backed Kinship's massive round and understands community-driven pet platforms with real engagement metrics.
Initialized put early money into VetTriage and gets veterinary telehealth unit economics better than most.
Pear invested in PetDesk and focuses on veterinary clinic engagement software with strong retention metrics.
Rock Health backed VetSource and applies digital health expertise to animal health distribution models.
Colle led VetSource's late-stage round and specializes in scaling veterinary distribution and pharmacy platforms.
Innovation Endeavors backed Petriage and focuses on AI-powered diagnostics that reduce unnecessary vet visits.
Resolute funded GuardianVets early and understands after-hours veterinary triage economics better than most seed funds.
Cathay backed Vetster and brings European distribution expertise to North American veterinary telehealth.
These 15 investors closed veterinary tech deals from 2025 to early 2026. Before you start reaching out, set up proper tracking so you know who's actually interested versus who's just being polite.
Upload your deck to Ellty and create a unique link for each investor. You'll see exactly which slides they view and how long they spend on your veterinary partnership metrics versus your consumer traction. Most founders are surprised to learn investors skip the pet market size slides but spend 5+ minutes on clinic retention rates.
When investors ask for financial projections or partnership agreements, share an Ellty data room instead of messy email threads with version control issues. Your cap table, clinic contracts, and unit economics model in one place with view analytics.
How do I know if an investor understands veterinary versus consumer pet?
Check their portfolio. If they only backed DTC pet food brands, they won't understand practice management software sales cycles or veterinary reimbursement complexity.
Should I pitch funds that invested in veterinary clinic roll-ups?
Only if you're building software or services for those clinics. Most learned that owning physical vet practices doesn't scale and shifted focus to enabling technology.
What's the difference between seed and Series A investors in vet tech?
Seed investors will back you with pilot partnerships and early revenue. Series A investors want proof that veterinarians actually adopt your platform at scale, usually $1M+ ARR with strong retention.
How many veterinary tech investors should I reach out to?
Start with 10-15 who led recent deals in your specific category. Don't spray-and-pray to every fund with one pet investment. Targeted outreach with warm intros works better.
When should I set up a data room?
Before your first partner meeting. Vet tech due diligence includes veterinary partnership agreements and FDA regulatory status if applicable. Having this ready speeds up the process by weeks.
Do investors actually look at pitch deck analytics?
Yes. If an investor forwards your deck to a partner who specializes in animal health, you'll see it in Ellty. That's a strong signal they're taking you seriously versus just being polite on the intro call.