About Pet Partners
Pet Partners is a company based in Albany (United States) founded in 2003 by Ted Sprinkle was acquired by The IHC Group in March 2017.. Pet Partners has raised $4.06 million across 3 funding rounds from investors including PNC, Mars and The IHC Group. Pet Partners offers products and services including Veterinary Care Services and Leadership and Team Development.
- Headquarter Albany, United States
- Founders Ted Sprinkle
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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 Pet Partners, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.06 M (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Grant
Jun 17, 2017
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Investors
PNC
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Pet Partners
Pet Partners offers a comprehensive portfolio of products and services, including Veterinary Care Services and Leadership and Team Development. 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.
High levels of care are provided to pets through veterinary hospitals that are part of the community.
Successful teams are grown by focusing on individual strengths to deliver superior experiences in veterinary practices.
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Funding Insights of Pet Partners
Pet Partners has successfully raised a total of $4.06M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $500 thousand completed in June 2017. 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 Grant — $500,000
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First Round
First Round
(05 Jan 2011)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Grant - Pet Partners | Valuation |
investors |
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| Apr, 2016 | Amount | Series A - Pet Partners | Valuation |
investors |
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| Jan, 2011 | Amount | Debt – Conventional - Pet Partners | 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 Pet Partners
Pet Partners has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include PNC, Mars and The IHC Group. 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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Nonprofit providing pet adoption, lost pet reunion, and accessible veterinary care programs.
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Founded Year | Domain | Location | |
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Commercial banking and financing services are provided by PNC.
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Founded Year | Domain | Location | |
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Grains, legumes, snacks, pet care, and confectionery products are produced.
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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 Pet Partners
| 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 - Pet Partners
| 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 |
Pet Partners Comparisons
Competitors of Pet Partners
| 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 Pet Partners
When was Pet Partners founded?
Pet Partners was founded in 2003 and raised its 1st funding round 8 years after it was founded.
Where is Pet Partners located?
Pet Partners is headquartered in Albany, United States.
Who is the current CEO of Pet Partners?
Ted Sprinkle is the current CEO of Pet Partners. They have also founded this company.
Is Pet Partners a funded company?
Pet Partners is a funded company, having raised a total of $4.06M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $21.5M, raised on Jan 05, 2011.
What does Pet Partners do?
Pet Partners was founded in 2003 in Albany, United States, within the veterinary services sector. Centralized business management is delivered to veterinary hospitals, handling operational tasks to allow focus on patient care. Unique cultures of practices are supported through a network that shares best practices and resources. Growth and success are facilitated for individual hospitals and their teams across the United States.
What products or services does Pet Partners offer?
Pet Partners offers Veterinary Care Services and Leadership and Team Development.
Who are Pet Partners's investors?
Pet Partners has 4 investors. Key investors include PNC, Mars, The IHC Group, and Petco Foundation.