PetIQ

Eagle, United States Founded: 2010 • Age: 16 yrs Acquired By Bansk Group
Manufacturer and distributor of health and wellness products for dogs and cats
Annual revenue $1.1B Latest available
Total funding $2.0M 6 rounds
Employees 1933 Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About PetIQ

PetIQ is a company based in Eagle (United States) founded in 2010 by Cord Christensen was acquired by Bansk Group in October 2024. PetIQ has raised $2 million across 6 funding rounds from investors including Ares Capital Corporation, East West Bank and Eos. The company has 1,933 employees as of December 31, 2023. PetIQ has completed 3 acquisitions, including HBH Enterprises, Rocco & Roxie Supply and VIP Petcare. PetIQ offers products and services including Pet Health Products, Veterinary Services, and Manufacturing and Distribution.

  • Headquarter Eagle, United States
  • Employees 1933 as on 31 Dec, 2023
  • Founders Cord Christensen
  • Stage Public
  • Sectors
    Consumer
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Petiq, Llc
Operational Areas
Consumer → Baby, Parenting & Pet Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.1 B (USD)
    20
    as on Dec 31, 2023
  • Net Profit
    $2.54 M (USD)
    105
    as on Dec 31, 2023
  • EBITDA
    $37.07 M (USD)
    284
    as on Dec 31, 2023
  • Total Equity Funding
    $2 M (USD)

    in 6 rounds

  • Latest Funding Round
    $125 M (USD), Post-IPO

    May 14, 2020

  • Investors
  • Employee Count
    1933

    as on Dec 31, 2023

  • Investments & Acquisitions
  • Acquired by
    Bansk Group

    (Oct 25, 2024)

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Products & Services of PetIQ

PetIQ offers a comprehensive portfolio of products and services, including Pet Health Products, Veterinary Services, and Manufacturing and Distribution.

Product name locked
Category locked
Primary

Offers prescription and over-the-counter pet treatments and treats

Product name locked
Category locked
Locked

Provides preventive care and consultations for pet owners

Product name locked
Category locked
Locked

Handles production and supply of pet health items

People of PetIQ

Headcount 200-500
Employee Profiles 43
Employee Profiles
People
Andrew Rundell
Director Of Key Account (drug, Dollar, Target & Meijer)
People
Ryan Leeper
Junior Graphic Designer
People
Ben Conkey
SVP Of Manufacturing & Distribution
People
Chelsey Martinez
Document Control Specialist

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Funding Insights of PetIQ

PetIQ has successfully raised a total of $2M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $125 million completed in May 2020. 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 PetIQ

PetIQ has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Ares Capital Corporation, East West Bank and Eos.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and debt investments are managed for businesses.
Locked Locked Locked
Investment potential is unlocked by Eos through strategic financial solutions.
Locked Locked Locked
Venture capital investment and entrepreneur support services.
Locked Locked Locked
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Investor details for PetIQ

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by PetIQ

PetIQ has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include HBH Enterprises, Rocco & Roxie Supply and VIP Petcare.

Investments
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Investment portfolio details for PetIQ

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Brand of pet care products
Locked Locked 2013 Locked
Veterinary clinics are operated as a nationwide chain.
Locked Locked 1995 Locked
Film and television platforms are produced by HBH Enterprises.
Locked Locked 1988 Locked
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Complete acquisition details for PetIQ

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - PetIQ

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Detailed financials for PetIQ

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  • Profit trends
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  • Financial ratios

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Petiq Comparisons

PetIQ Primary company
Description
Manufacturer and distributor of health and wellness products...
Location
Eagle, United States
Founded Year
2010
Annual Revenue
$1.1 B (USD)
Net Profit
$2.54 M (USD)
EBITDA
$37.07 M (USD)
Employees
1,933
As of 2023
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Peer comparison for PetIQ

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Competitors of PetIQ

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Detailed competitors of PetIQ

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Latest news on Petiq

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Complete news archive for PetIQ

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about PetIQ

PetIQ was founded in 2010 and raised its 1st funding round 1 year after it was founded.

PetIQ is headquartered in Eagle, United States. It is registered at Eagle, Idaho, United States.

Cord Christensen is the current CEO of PetIQ. They have also founded this company.

PetIQ is a funded company, having raised a total of $2M across 6 funding rounds to date.

As of Dec 31, 2023, the latest employee count at PetIQ is 1,933.

Annual revenue of PetIQ is $1.1B as on Dec 31, 2023.

PetIQ was founded in 2010 and is headquartered in Eagle, Idaho, USA. Health and wellness products for dogs and cats are manufactured and distributed within the pet care sector. Prescription medications, over-the-counter flea and tick preventatives, and supplements are provided. Brands including Minties, VetIQ, and Betsy Farms are owned, with operations centered in the United States.

PetIQ offers Pet Health Products, Veterinary Services, and Manufacturing and Distribution.

PetIQ has made 3 acquisitions, including HBH Enterprises, Rocco & Roxie Supply, and VIP Petcare.

PetIQ has 5 investors. Key investors include Ares Capital Corporation, East West Bank, Eos, Highland Capital Partners, and Bansk Group.

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