About Fitpet
Fitpet is a company based in Seoul (South Korea) founded in 2017 by Junguk Ko.. Fitpet has raised $4.58 million across 3 funding rounds from investors including Mirae Asset, Samsung Venture Investment and LB Investment. Fitpet operates in a competitive market with competitors including Kidney-Chek, Nextmune, PetTest, Drew Scientific and Shop-Fitpet, among others.
- Headquarter Seoul, South Korea
- Founders Junguk Ko
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pit Pet Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.58 M (USD)
in 3 rounds
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Latest Funding Round
$4.58 M (USD), Series A
Jun 28, 2019
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Investors
Mirae Asset
& 3 more
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Employee Count
Employee Count
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Funding Insights of Fitpet
Fitpet has successfully raised a total of $4.58M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.58 million completed in June 2019. 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 3
- Last Round Series A — $4.6M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series A - Fitpet | Valuation | LB Investment , Mirae Asset |
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| Sep, 2018 | Amount | Seed - Fitpet | Valuation | Mirae Asset |
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| Aug, 2018 | Amount | Seed - Fitpet | Valuation | D.CAMP |
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| 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 Fitpet
Fitpet has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Mirae Asset, Samsung Venture Investment and LB Investment. 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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Growth-stage private equity investments are targeted across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are made in promising startups.
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Founded Year | Domain | Location | |
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Startup support is provided through incubation, funding, and workspaces.
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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 Fitpet
| 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 - Fitpet
| 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 |
Fitpet Comparisons
Competitors of Fitpet
Fitpet 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 Kidney-Chek, Nextmune, PetTest, Drew Scientific and Shop-Fitpet, 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 |
At-home saliva tests for screening pet kidney diseases are provided.
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| domain | founded_year | HQ Location |
Global company offering pet health products in allergy, dermatology, and nutrition services.
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| domain | founded_year | HQ Location |
Sells pet diabetes products like meters and syringes online.
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| domain | founded_year | HQ Location |
Analytical Instruments for Clinical and Veterinary Hematology and HbA1c
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| domain | founded_year | HQ Location |
Develops innovative mobile apps and kits for pet health analysis.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fitpet
When was Fitpet founded?
Fitpet was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Fitpet located?
Fitpet is headquartered in Seoul, South Korea.
Is Fitpet a funded company?
Fitpet is a funded company, having raised a total of $4.58M across 3 funding rounds to date.
What does Fitpet do?
Fitpet was established in 2017 in Seoul, South Korea, within the pet health diagnostics sector. At-home real-time health assessments for pets are supported through kits and mobile apps, enabling analysis of major diseases. Patented algorithms for mobile detection are integrated, yielding detailed results and aiding systematic health management for pet owners.
Who are the top competitors of Fitpet?
Fitpet's top competitors include Drew Scientific, Kidney-Chek and Nextmune.
Who are Fitpet's investors?
Fitpet has 4 investors. Key investors include Mirae Asset, Samsung Venture Investment, LB Investment, and D.CAMP.