About Petnet
Petnet is a company based in Los Angeles (United States) founded in 2012 by Dustin Morales.. Petnet has raised $21.12 million across 4 funding rounds from investors including iRobot, Petco and Black River Ventures. Petnet has completed 1 acquisition, including SlimDoggy. Petnet offers products and services including SmartFeeder and SmartShop. Petnet operates in a competitive market with competitors including CleverPet, Dogness, Petzila, Neater Feeder and PetMio, among others.
- Headquarter Los Angeles, United States
- Founders Dustin Morales
-
Sectors
ConsumerTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Petnet Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Petnet
Petnet offers a comprehensive portfolio of products and services, including SmartFeeder and SmartShop. 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.
Automated feeder for scheduling and monitoring pet meals via app.
Platform to assess pet food quality based on ingredients and nutrition.
Funding Insights of Petnet
Petnet has successfully raised a total of $21.12M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.75 million completed in October 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 4
- Last Round Series A — $3.7M
-
First Round
First Round
(21 Jan 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - Petnet | Valuation |
investors |
|
| Aug, 2016 | Amount | Series A - Petnet | Valuation | Petco |
|
| Dec, 2015 | Amount | Series A - Petnet | Valuation | Black River Ventures , iRobot |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Petnet
Petnet has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include iRobot, Petco and Black River Ventures. 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 |
|---|---|---|---|---|
|
Early and growth stage tech companies in Europe are funded.
|
Founded Year | Domain | Location | |
|
Venture capial firm focused on technology sectors
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Petnet
Petnet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SlimDoggy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Pets related online content platform
|
2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Petnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Petnet Comparisons
Competitors of Petnet
Petnet 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 CleverPet, Dogness, Petzila, Neater Feeder and PetMio, 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 |
Provider of smart light and sound games for dogs
|
|
| domain | founded_year | HQ Location |
Pet dog activity tracking solutions are provided remotely.
|
|
| domain | founded_year | HQ Location |
Pet monitoring and feeding device
|
|
| domain | founded_year | HQ Location |
Innovative pet feeder system
|
|
| domain | founded_year | HQ Location |
Provides AI-driven solutions for pet nutrition and care.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Petnet
Frequently Asked Questions about Petnet
When was Petnet founded?
Petnet was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Petnet located?
Petnet is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Petnet a funded company?
Petnet is a funded company, having raised a total of $21.12M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.25M, raised on Jan 21, 2014.
What does Petnet do?
Provider of robotic pet-feeding system. It offers pet feeders with intelligent sensor technology, learning algorithms, and processing power that assesses the dietary requirements of a pet, creates a custom feeding schedule and sends alerts and reminders to pet owners. Smartphones, tablets, or computers can control the device, allowing all pet caregivers to monitor and adjust feeding schedules, compare their pets diet to other similar pets, order food, and more. The device can also connect to a digital pet marketplace for ordering pet supplies. It also manufactures SmartBowl, which is a pet bowl with sensors.
Who are the top competitors of Petnet?
What products or services does Petnet offer?
Petnet offers SmartFeeder and SmartShop.
How many acquisitions has Petnet made?
Petnet has made 1 acquisition, including SlimDoggy.
Who are Petnet's investors?
Petnet has 9 investors. Key investors include iRobot, Petco, Black River Ventures, AGO Partners, and Alexa Fund.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.