About Heska
Heska is a Healthcare company based in Fort Collins (United States) founded in 1988, and was acquired by Mars in April 2023. Provider of diagnostic solutions for pet care. Heska has raised $6.5 million across 3 funding rounds from investors including Mars. The company has 361 employees. Heska has completed 5 acquisitions, including Biotech Laboratories, CVM Veterinary Diagnosis and Lacuna Diagnostics. Its chief executive, as recorded, is Laurie Peterson. Heska offers products and services including Element AIM™, trūRapid™ Tests, Allercept™ Testing, and LOGIQ eVet™. Its focus areas include HealthTech, Veterinary HealthTech, In Vitro Diagnostics and Diversified. Its legal entity is Antech Diagnostics, Inc. Its competitors include Fluxergy and Bionote.
Company details
Heska was founded in 1988 and is based in Fort Collins, United States. Diagnostic solutions for veterinary applications are provided by the company within the pet care sector. Operations focus on blood-based tests including immunoassay, coagulation, hematology analysis, heartworm detection, allergy assessment, and renal health screening. Imaging tools such as X-rays and ultrasound are also supplied, along with intranasal vaccines and IV pumps for animal care.
- Annual Revenue$257.31 M (USD)1as on Dec 31, 2022
- Net Profit-$19.89 M (USD)-1632as on Dec 31, 2022
- EBITDA-$20.3 M (USD)-1944as on Dec 31, 2022
- Total Equity Funding$6.5M (USD)
in 3 rounds
- Latest Funding Round$86.25M (USD), Post-IPO
Sep 2019
- Investors
- Employee Count361
- Investments & AcquisitionsBiotech Laboratories
& 4 more
- Acquired byMars
(Apr 2023)
Products & Services of Heska
Heska offers a comprehensive portfolio of products and services, including Element AIM™, trūRapid™ Tests, Allercept™ Testing, and LOGIQ eVet™.
Analyzer for rapid veterinary lab testing and results.
Quick tests for detecting diseases in animals.
Services for identifying pet allergies and treatments.
Portable ultrasound system for veterinary examinations.
Funding Insights of Heska
Heska has successfully raised a total of $6.5M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $86.25 million completed in September 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 $6.5M
- Total Rounds 3
- Last Round Post-IPO — $86.25M
All 3 funding rounds of Heska with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $86.25M | Post-IPO | – | – | – |
| May 2016 | $6.5M | Series A | – | – | – |
| Feb 2013 | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Heska
Heska has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Grains, legumes, snacks, pet care, and confectionery products are produced. | 1911 | mars.com | Mclean, United States |
Investor details for Heska
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People of Heska
1 people are tracked at Heska (1 in leadership); the tracked headcount is 361.
| Name | Role | Group |
|---|---|---|
Laurie Peterson | CEO | Leadership |
Complete people profiles for Heska
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Investments & Acquisitions by Heska
Heska has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Biotech Laboratories, CVM Veterinary Diagnosis and Lacuna Diagnostics.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Point-of-care diagnostic devices for multiplex assays are developed. | lightdeckdx.com | Boulder, United States | 2009 | Sep 2022 | $38.7M | |
Veterinary diagnostic products for infectious diseases are developed. | btech.vet | Rockville, United States | 2017 | Sep 2021 | •••• | |
Digital cytology services for pets are provided by Lacuna Diagnostics. | lacunadiagnostics.com | Fort Collins, United States | 2016 | Jan 2021 | •••• | |
Imaging diagnostic devices for veterinary animal health are developed. | scilvet.com | Germany | 1998 | Jan 2020 | $125M | |
Provider of blood testing, ultrasound scanning and radiology equipments for animal care industry | cvm.es | Tudela, Spain | 1992 | Jan 2020 | •••• |
Complete acquisition details for Heska
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Timeline of Heska
10 dated milestones of Heska across 35 years, from founding to its latest funding, stage changes and deals.
- Founded Heska is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Funding Latest funding round, Post-IPO, of $86.2M.
- Acquisition Acquires CVM Veterinary Diagnosis.
- Acquisition Acquires Scil Animal Care Company.
- Acquisition Acquires Lacuna Diagnostics.
- Acquisition Acquires Biotech Laboratories.
- Acquisition Acquires LightDeck Diagnostics.
- Exit Acquired by Mars.
Competitors of Heska
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fluxergy.com | 2011 | Irvine, United States | 74 | Provides diagnostic devices and software for clinical and veterinary point-of-care testing. | ||
| bionote.com | 2019 | Big Lake, United States | 6 | Point-of-care testing devices are supplied for animal health diagnostics. |
Detailed competitors of Heska
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Web traffic of Heska
The website of Heska (heska.com) receives about 7.1K visits a month.
- Monthly visits7.1K
▼ 44.2% vs previous month
Websites whose visitors overlap most with Heska. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| idexx.com | 100% | 723.8K | #73,100 | View details | |
vedco.com | vedco.com | 84% | #3,563,911 | – | |
alvma.com | alvma.com | 84% | #7,099,354 | – | |
morrisanimalfoundation.org | morrisanimalfoundation.org | 84% | #682,186 | – | |
| iams.com | 84% | 337.4K | #90,206 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Heska
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Top companies in Veterinary Digital Health
3 companies that operate in the same segment as Heska (Veterinary Digital Health) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Practice and prescription management software is provided for veterinary professionals. | 2010 | Portland, Oregon, United States | USD 291.64 M | |||
Veterinary pharmacy services are delivered by VetSource to practices. | 2005 | Portland, Oregon, United States | USD 81.25 M | |||
App based platform providing veterinary services and clinical management solutions for veterinarians | 2018 | Beverly Hills, California, United States | USD 58.81 M |
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Related news about Heska
Complete news archive for Heska
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Frequently Asked Questions about Heska
Heska was founded in 1988 and raised its 1st funding round 25 years after it was founded.
Heska is headquartered in Fort Collins, United States. It is registered at Fort Collins, Colorado, United States.
Laurie Peterson is the CEO of Heska, as recorded in our data.
Heska is a funded company, having raised a total of $6.5M across 3 funding rounds to date.
Heska has 361 employees.
Annual revenue of Heska is $257.31M as on Dec 31, 2022.
Heska was founded in 1988 and is based in Fort Collins, United States. Diagnostic solutions for veterinary applications are provided by the company within the pet care sector. Operations focus on blood-based tests including immunoassay, coagulation, hematology analysis, heartworm detection, allergy assessment, and renal health screening. Imaging tools such as X-rays and ultrasound are also supplied, along with intranasal vaccines and IV pumps for animal care.
Heska offers Element AIM™, trūRapid™ Tests, Allercept™ Testing, and LOGIQ eVet™.
Heska has made 5 acquisitions, including Biotech Laboratories, CVM Veterinary Diagnosis, and Lacuna Diagnostics.
Heska has 1 investor. Key investors include Mars.
Heska operates through Antech Diagnostics, Inc..