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. 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.
- Annual Revenue$1.1 B (USD)20as on Dec 31, 2023
- Net Profit$2.54 M (USD)105as on Dec 31, 2023
- EBITDA$37.07 M (USD)284as on Dec 31, 2023
- Total Equity Funding$2M (USD)
in 6 rounds
- Latest Funding Round$125M (USD), Post-IPO
May 2020
- InvestorsAres Capital Corporation
& 4 more
- Employee Count1,933
- Investments & AcquisitionsHBH Enterprises
& 2 more
- Acquired byBansk Group
(Oct 2024)
Products & Services of PetIQ
PetIQ offers a comprehensive portfolio of products and services, including Pet Health Products, Veterinary Services, and Manufacturing and Distribution.
Offers prescription and over-the-counter pet treatments and treats
Provides preventive care and consultations for pet owners
Handles production and supply of pet health items
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.
- Total Funding $2M
- Total Rounds 6
- Last Round Post-IPO — $125M
- First Round $2M
(Feb 2011)
- Investors Count 4
All 6 funding rounds of PetIQ 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 |
|---|---|---|---|---|---|
| May 2020 | $125M | Post-IPO | – | – | – |
| Jan 2018 | $75M | Debt – Conventional | – | – | |
| Jun 2012 | $20.83M | Debt – Conventional | – | – | |
| Jun 2012 | – | Series A | – | Eos Partners | – |
| Feb 2011 | $2M | Seed | – | – | – |
| Feb 2011 | – | Debt – Conventional | – | – | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt investments are managed for businesses. | 2004 | arescapitalcorp.com | Los Angeles, United States | |
Investment potential is unlocked by Eos through strategic financial solutions. | 1994 | eospartners.com | New York, United States | |
Venture capital investment and entrepreneur support services. | – | hcp.com | - | |
Consumer-focused private investment firm targeting distinctive brands. | 2019 | banskgroup.com | New York, United States | |
Commercial banking services are offered to individuals and businesses. | 1973 | eastwestbank.com | Los Angeles, United States |
Investor details for PetIQ
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of PetIQ
44 people are tracked at PetIQ (18 in leadership, 26 in team); the tracked headcount is 1,933.
| Name | Role | Group |
|---|---|---|
Cord Christensen | Co-Founder & CEO | Leadership |
Andrew Rundell | Director Of Key Account (drug, Dollar, Target & Meijer) | Leadership |
Zvi Glasman | Chief Financial Officer | Leadership |
Jay Valle | Design Director | Leadership |
Richard Pullara | Vice President Corporate Strategy \ Chief Of Staff | Leadership |
Kyle Lembke | Sr. Director Of Brand Marketing | Leadership |
Matt Etherington | Director, Marketing | Leadership |
Sarah Huntsinger | Senior Director Of Category Management | Leadership |
Josh Ebersole | Director Of Financial Planning And Analysis | Leadership |
Nic Bryan | Director Of Quality | Leadership |
Dane Furio | Vice President Of Sales | Leadership |
Timothy Bryant | Director Of Sales / Business Development | Leadership |
Rick Krupa | Director Comanufactured Sales | Leadership |
Trevor Davis | Sr Director, Ecommerce Sales | Leadership |
Cj Axtell | Director Of Business Transformation | Leadership |
Chad Lyon | Executive Vice President Manufacturing & Supply Chain | Leadership |
Clinton Stonich | Sr. Creative Director | Leadership |
Amanda van Auken | Vice President Marketing | Leadership |
Miriam Grando | Manager Of The Microbiology Lab | Team |
Caitlin J. | Senior Tax Accountant | Team |
24 more people are available in the full profile.
Complete people profiles for PetIQ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Brand of pet care products | roccoandroxie.com | Provo, United States | 2013 | Jan 2023 | $26.5M | |
Film and television platforms are produced by HBH Enterprises. | helenebiandudihofer.com | Rochester, United States | 1988 | Oct 2018 | •••• | |
Veterinary clinics are operated as a nationwide chain. | vippetcare.com | Windsor, United States | 1995 | Jan 2018 | $220M |
Complete acquisition details for PetIQ
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PetIQ
8 dated milestones of PetIQ across 14 years, from founding to its latest funding, stage changes and deals.
- Founded PetIQ is founded.
- Funding First funding round of $2.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires VIP Petcare.
- Acquisition Acquires HBH Enterprises.
- Funding Latest funding round, Post-IPO, of $125.0M.
- Acquisition Acquires Rocco & Roxie Supply.
- Exit Acquired by Bansk Group.
Web traffic of PetIQ
The website of PetIQ (petiq.com) receives about 11.6K visits a month.
- Monthly visits11.6K
▼ 29.5% vs previous month
Latest news on Petiq
Complete news archive for PetIQ
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to PetIQ
10 companies that operate in the same segment as PetIQ (Pet Care Products & Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category supplies for pets including cats and dogs are provided. | 2005 | Sao Paulo, Brazil | USD 212.61 M | – | – | |
Tailor-made dry dog food is freshly blended for individual needs. | 2013 | London, England, United Kingdom | USD 7.82 M | USD 118.2 M | 378 | |
Nutritious food products for dogs and cats are supplied. | 2009 | Bengaluru, Karnataka, India | USD 60 M | USD 84.66 M | 2,808 | |
Pet food products are provided through an internet-first brand. | 1894 | St. Louis, Missouri, United States | – | – | – | |
Birdbuddy is recognized for its AI-powered smart bird feeders. | 2002 | Wilmington, Delaware, United States | USD 30.97 M | – | – | |
Dog and cat food is manufactured and supplied worldwide. | 1968 | Aimargues, Gard, France | – | – | 97 | |
Pet products and accessories for dogs and cats are supplied. | 2008 | Gurugram, Haryana, India | USD 50 M | USD 248.35 K | 36 | |
Personalized dog food plans are provided via online subscriptions. | 2017 | Shrewsbury, Shropshire, United Kingdom | USD 21.57 M | – | 32 | |
Native Pet, a pet food brand, was established in 2017. | 2017 | Saint Louis, Missouri, United States | USD 17.98 M | – | – | |
Manufacturer of natural pet food and treats for dogs and cats | 2002 | Wilton, United States | – | – | 1,551 |
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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. The company's 1st funding round was a Seed of $2M, raised on Feb 2011.
PetIQ has 1,933 employees.
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.
PetIQ operates through Petiq, Llc.
Yes. PetIQ was acquired by Bansk Group in October 2024.