About Destination Pet
Destination Pet is a company based in Highlands Ranch (United States) founded in 2016 by Thomas Wille was acquired by LetterOne in October 2019. Destination Pet has raised $40.23 million across 4 funding rounds from investors including Opus Bank, Firmament and LetterOne. The company has 1,071 employees as of December 31, 2021. Destination Pet has completed 4 acquisitions, including Pawprints of Vero Beach, Pet Palace and Roscoes Bed Bark. Destination Pet offers products and services including Connected Care and Business Acquisition Service. Destination Pet operates in a competitive market with competitors including Pet Paradise, The Dog Stop, Thrive Pet Care, AKC and Cuddly Tails, among others.
- Headquarter Highlands Ranch, United States
- Employees 1071 as on 31 Dec, 2021
- Founders Thomas Wille
-
Sectors
ConsumerBusiness Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$40.23 M (USD)
in 4 rounds
-
Latest Funding Round
Not available
-
Investors
Opus Bank
& 3 more
-
Employee Count
1071
as on Dec 31, 2021
-
Investments & Acquisitions
Pawprints of Vero Beach
& 3 more
-
Acquired by
LetterOne
(Oct 28, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Destination Pet
Destination Pet offers a comprehensive portfolio of products and services, including Connected Care and Business Acquisition Service.
Network for integrated pet care services and expert consultations
Facilitates sale of veterinary practices to new owners
People of Destination Pet
Unlock access to complete
Funding Insights of Destination Pet
Destination Pet has successfully raised a total of $40.23M across 4 strategic funding rounds. 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.
Investors in Destination Pet
Destination Pet has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Opus Bank, Firmament and LetterOne.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Structured capital solutions are provided to small and medium-sized enterprises.
|
Locked | Locked | Locked | |
|
LetterOne is engaged in long-term investments across key sectors.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Destination Pet
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Destination Pet
Destination Pet has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Pawprints of Vero Beach, Pet Palace and Roscoes Bed Bark.
Investment portfolio details for Destination Pet
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Dog daycare and overnight services are provided in Portland.
|
Locked | Locked | 2015 | Locked | |
|
Pawprints of Vero Beach is operated as a luxury pet hotel and daycare.
|
Locked | Locked | 2006 | Locked | |
|
Professional pet care services are provided to clients.
|
Locked | Locked | 2006 | Locked |
Complete acquisition details for Destination Pet
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Destination Pet
Detailed financials for Destination Pet
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Destination Pet Comparisons
Peer comparison for Destination Pet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Destination Pet
Destination Pet 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 Pet Paradise, The Dog Stop, Thrive Pet Care, AKC and Cuddly Tails, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Provider of pet boarding, daycare, grooming, and veterinary services
|
|
| Locked | Locked | Locked |
Dog care services including daycare, boarding, and grooming are provided.
|
|
| Locked | Locked | Locked |
Online platform to book pet care services
|
|
| Locked | Locked | Locked |
Registers dogs, hosts events, educates on health, and advocates for canine welfare.
|
|
| Locked | Locked | Locked |
Multiple dog services are provided via an online marketplace platform.
|
Detailed competitors of Destination Pet
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Destination Pet
Complete news archive for Destination Pet
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Destination Pet
Destination Pet was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Destination Pet is headquartered in Highlands Ranch, United States. It is registered at Highlands Ranch, Colorado, United States.
Destination Pet is a funded company, having raised a total of $40.23M across 4 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Destination Pet is 1,071.
Destination Pet was established in 2016 in Highlands Ranch, United States, as an online platform in the pet care sector. Pet owners are linked with service providers for veterinary care, overnight boarding, day care, grooming, training, and additional services. Operations focus on facilitating these connections digitally to support comprehensive pet needs across various categories.
Destination Pet's top competitors include Pet Paradise, The Dog Stop and Thrive Pet Care.
Destination Pet offers Connected Care and Business Acquisition Service.
Destination Pet has made 4 acquisitions, including Pawprints of Vero Beach, Pet Palace, and Roscoes Bed Bark.