About Modern Animal
Modern Animal provides a combination of in-person and telemedicine services for pet healthcare. Pet owners can access 24/7 telemedicine, allowing them to schedule appointments and have video consultations with veterinary technicians for immediate advice, especially in urgent situations. In addition to virtual care, Modern Animal has physical clinics where pets can receive in-person treatment from qualified staff. The company stands out from competitors by offering reasonable pricing and a membership model that grants customers access to both telemedicine and in-clinic services, ensuring continuous veterinary care for pets. The goal of Modern Animal is to make pet healthcare more convenient and affordable for pet owners.
Culver City, CaliforniaHeadquarters
2019Year Founded
$159.5MTotal Funding
SERIES_CCompany Stage
Consumer Software, HealthcareIndustries
201-500Employees
Benefits
Medical, vision, and dental coverage
401k with a company match
Flexible time off
Paid parental leave
Free membership and discounts
Access to behavioral and mental health services
WFH stipends
Risks
Increased competition from digital-first veterinary startups could impact market share.
Rapid expansion may strain resources and affect service quality in new markets.
Reliance on a membership model could be risky if perceived value decreases.
Differentiation
Modern Animal offers a unique blend of in-person and telemedicine services.
The company uses a membership model for steady recurring revenue and customer access.
Modern Animal's app provides 24/7 virtual care and in-app prescription requests.
Upsides
Pet telemedicine is gaining traction as a cost-effective solution for pet owners.
Subscription-based models in pet care are becoming more popular and accepted.
Modern Animal's expansion plans include new clinics in Houston Heights and Lakewood.
Funding
Total raised$159.53 M
Latest valuation$375.00 M
StageSERIES_C
$75
$375.00 MSERIES B
6/30/2021$40
$200.00 MSERIES A
11/30/2020$36
$177.50 MSEED
9/30/2019$14
$67.50 M