Healthy Pets secures $500K seed funding from District Ventures Capital

Healthy Pets, a telemedicine service provider of on-demand video consultations with veterinarians, has announced its official launch and closing of a $500,000 seed round of financing from District Ventures Capital, a VC fund led by Arlene Dickinson.

Dickinson will also be joining Healthy Pets as a board member. The announcement followed a Dragons’ Den appearance by Healthy Pets’ Founder and CEO, Emma Harris, who accepted an offer from Dickinson of $125K but was later settled at $500K.

Healthy Pets intends to use funding to scale its operations and expand its network of veterinarians, offering services to more pets and pet parents across Ontario and Canada.

“Nearly 63 per cent of Canadian millennials own pets, and as the parent of a pet that has experienced health issues, I understand the stress that comes with trying to recognize when it is or isn’t time to visit the clinic. It’s those first-hand experiences that inspired me to start Healthy Pets,” said Emma Harris, Founder and CEO of Healthy Pets. “Appearing on Dragons’ Den gave me an incredible opportunity to connect more Canadians with vets through telemedicine and I couldn’t be more excited to work with Arlene and the team at District Ventures Capital.”

“I was extremely impressed with Emma’s idea and her passion in the Den. Her entrepreneurial spirit is infectious,” said Arlene Dickinson, CEO of District Ventures Capital and star on CBC’s Dragons’ Den. “Healthy Pets’ innovative approach to pet care and the growing pet services industry in Canada made it an ideal business for my fund, District Ventures Capital, to invest in and partner with. We are very much looking forward to seeing the growth of this business and to working closely with Emma.”

Healthy Pets transforms access to veterinary care by leveraging technology to connect pet owners and certified veterinarians for a consultation via on-demand video, voice or instant messaging. The platform also allows veterinarians to access new patients and offer petcare in a new way.

“Healthy Pets is a valuable tool to reach patients in a new way,” said Dr. Sarah Hansford, DVM of Medical Director for Healthy Pets. “The platform allows vets to expand their practice and implement a flexible working schedule outside of regular clinic hours.”

Named 2017’s Most Promising Startup in Canada by TELUS, Healthy Pets is currently partnered with 20 veterinary clinics in Ontario, with plans to expand and reach more pet parents in the future. Through a series of community partnerships, Healthy Pets also acts as an alternative method of veterinary care for organizations like The Burlington Humane Society, Toronto Cat Rescue and Family Pet Services.

photo credit: Healthy Pets

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.