About CleverPet
CleverPet is a company based in San Diego (United States) founded in 2013 by Philip Meier.. CleverPet has raised $2.94 million across 5 funding rounds from investors including Qualcomm, Techstars and Ruvento Ventures. CleverPet offers products and services including CleverPet Hub and Color Match Game. CleverPet operates in a competitive market with competitors including Petnet, Dogness, Petzila, Petronics and PupPod, among others.
- Headquarter San Diego, United States
- Founders Philip Meier
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Sectors
ConsumerTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Cleverpet, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.94 M (USD)
in 5 rounds
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Latest Funding Round
$2.72 M (USD), Series A
May 13, 2021
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Investors
Qualcomm
& 4 more
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Employee Count
Employee Count
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Products & Services of CleverPet
CleverPet offers a comprehensive portfolio of products and services, including CleverPet Hub and Color Match Game. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for dogs to solve puzzles and earn rewards through interactive play.
Adaptive game that challenges dogs with color-based sequences for mental stimulation.
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Funding Insights of CleverPet
CleverPet has successfully raised a total of $2.94M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2.72 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $2.7M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series A - CleverPet | Valuation |
investors |
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| Jul, 2016 | Amount | Seed - CleverPet | Valuation |
investors |
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| Dec, 2015 | Amount | Seed - CleverPet | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CleverPet
CleverPet has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Qualcomm, Techstars and Ruvento Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are supported through acceleration, incubation, and venture capital.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are provided by Asimov Ventures.
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CleverPet
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CleverPet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cleverpet Comparisons
Competitors of CleverPet
CleverPet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Petnet, Dogness, Petzila, Petronics and PupPod, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Robotic pet-feeding systems with sensors and algorithms are provided.
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| domain | founded_year | HQ Location |
Pet dog activity tracking solutions are provided remotely.
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| domain | founded_year | HQ Location |
Pet monitoring and feeding device
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| domain | founded_year | HQ Location |
Platform offering innovative robot-based toys for pets.
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| domain | founded_year | HQ Location |
Smart toy connected with treat dispenser
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CleverPet
When was CleverPet founded?
CleverPet was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is CleverPet located?
CleverPet is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is CleverPet a funded company?
CleverPet is a funded company, having raised a total of $2.94M across 5 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Nov 20, 2014.
What does CleverPet do?
CleverPet was founded in 2013 in San Diego, United States, focusing on pet technology. WiFi-connected consoles are utilized to engage dogs via light, sound, and touch interactions. Food is employed as motivation, while scientific methods are applied to challenge canine intelligence and tailor experiences to individual needs. Operations center on adaptive gameplay that promotes learning without human intervention.
Who are the top competitors of CleverPet?
What products or services does CleverPet offer?
CleverPet offers CleverPet Hub and Color Match Game.
Who are CleverPet's investors?
CleverPet has 5 investors. Key investors include Qualcomm, Techstars, Ruvento Ventures, Asimov Ventures, and EvoNexus.
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