easyvet, a US-based walk-in veterinary clinic group, has closed a USD7 million Series A funding round led by Relevance Ventures.
Founded in 2013, easyvet is dedicated to making pet care more convenient and affordable for pet parents and clinic ownership easy for veterinarians and investors. The easyvet franchise model is transforming veterinary medicine, lowering the costs of quality care for pets, meeting the needs of pet parents and veterinarians, and allowing more vets the freedom to start their own practice.
This round of funding is led by Relevance Ventures, an early-stage investor based in Nashville, Tennessee, and the only non-tribe affiliated, privately owned and operated Native American venture capital firm in the United States. Relevance strategically invests in solutions that make people’s lives better and add to the harmonic value of community.
“We are thrilled to partner with easyvet, with whom we share many values. We have a deep appreciation for the passion the easyvet team brings to improving the wellbeing of pets and people. They have a compelling vision, a disruptive approach, and a suite of services for the fast-growing pet care market. We are proud to support their mission to reshape the veterinary medicine space,” says Cameron Newton, General Partner, Relevance Ventures. “We look forward to joining the easyvet Board and working with them as they position themselves as industry leaders.”
“We are extremely conscientious when it comes to capital, and in particular how it is being deployed to fuel our growth going forward,” says Tim Schoenfelder, easyvet CEO. “We plan to use this capital to grow our resources, expand new hires, increase learning management tools, focus on ways to improve the veterinary experience, and improve technologies that contribute to the success of our franchisees. Relevance stood out as a partner whose values and ‘harmony investing’ aligned well with our approach to improving the wellbeing of pets and their owners. Relevance understands our business and the market opportunity, and they appreciate our prudent approach to reimagining veterinary services.”
“Today’s announcement is a meaningful milestone for easyvet and the veterinary care industry,” says Dr Christian Cumberbatch, easyvet Director of Medicine and Franchisee. “With the Series A funding, easyvet will be able to continue providing exceptional veterinary care as well as meet strategic goals in the next phase of growth.”
