About MedVet
MedVet is a company based in Worthington (United States) founded in 1988 by William Dehoff.. MedVet has raised $5.4 million across 3 funding rounds from investors including Goldman Sachs, SkyKnight Capital and Stonehenge Partners. MedVet offers products and services including Emergency Medicine, Specialty Services, and Urgent Care. MedVet operates in a competitive market with competitors including Banfield Pet Hospital, Southern Veterinary Partners, VitalPet, NorthStar VETS and VetnCare, among others.
- Headquarter Worthington, United States
- Founders William Dehoff
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.4 M (USD)
in 3 rounds
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Latest Funding Round
$2.4 M (USD), Unspecified
Mar 31, 2025
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Investors
Goldman Sachs
& 2 more
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Employee Count
Employee Count
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Products & Services of MedVet
MedVet offers a comprehensive portfolio of products and services, including Emergency Medicine, Specialty Services, and Urgent Care. 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.
Provides immediate critical care for pets in emergencies.
Offers advanced treatments like cardiology and surgery for pets.
Delivers timely non-emergency care for pet health issues.
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Funding Insights of MedVet
MedVet has successfully raised a total of $5.4M across 3 strategic funding rounds. The most recent funding activity was a Unspecified round of $2.4 million completed in March 2025. 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 Unspecified — $2.4M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Unspecified - MedVet | Valuation |
investors |
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| Jul, 2023 | Amount | Unspecified - MedVet | Valuation |
investors |
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| Jul, 2019 | Amount | Private Equity Round - MedVet | Valuation | Goldman Sachs |
| 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 MedVet
MedVet has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, SkyKnight Capital and Stonehenge Partners. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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SkyKnight Capital is involved in investment activities.
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Founded Year | Domain | Location | |
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A private equity firm is operated to support company growth.
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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 MedVet
| 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 - MedVet
| 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 |
Medvet Comparisons
Competitors of MedVet
MedVet 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 Banfield Pet Hospital, Southern Veterinary Partners, VitalPet, NorthStar VETS and VetnCare, 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 |
Veterinary services are offered for pets at standalone hospitals.
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| domain | founded_year | HQ Location |
Chain of veterinary hospitals
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| domain | founded_year | HQ Location |
A chain of veterinary hospitals is operated nationwide.
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| domain | founded_year | HQ Location |
Provides emergency and specialized veterinary services for pets and veterinarians.
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| domain | founded_year | HQ Location |
Operates a chain of veterinary hospitals dedicated to animal health and care.
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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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Latest news on Medvet
Frequently Asked Questions about MedVet
When was MedVet founded?
MedVet was founded in 1988 and raised its 1st funding round 31 years after it was founded.
Where is MedVet located?
MedVet is headquartered in Worthington, United States. It is registered at Worthington, Ohio, United States.
Who is the current CEO of MedVet?
Linda Lehmkuhl is the current CEO of MedVet.
Is MedVet a funded company?
MedVet is a funded company, having raised a total of $5.4M across 3 funding rounds to date.
What does MedVet do?
MedVet was established in 1988 as a veterinarian-owned network of emergency and specialty hospitals. Advanced pet care services, including 247 emergency treatment, critical care, and specialized veterinary procedures, are provided at locations throughout the United States. Operations focus on urgent care and multi-disciplinary support, with headquarters based in Worthington, Ohio, serving as a key hub for the nationwide system.
Who are the top competitors of MedVet?
MedVet's top competitors include Banfield Pet Hospital, Southern Veterinary Partners and VitalPet.
What products or services does MedVet offer?
MedVet offers Emergency Medicine, Specialty Services, and Urgent Care.
Who are MedVet's investors?
MedVet has 3 investors. Key investors include Goldman Sachs, SkyKnight Capital, and Stonehenge Partners.