About PetSmart
PetSmart is a company based in Phoenix (United States) founded in 1987 was acquired by BC Partners in December 2014.. PetSmart has raised $23.3 million across 3 funding rounds from investors including StepStone, Apollo Global Management and Caisse de depot et placement du Quebec. PetSmart has completed 3 acquisitions, including AllPaws, Chewy and Pet360. PetSmart offers products and services including Pet Food and Pet Services.
- Headquarter Phoenix, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Petsmart 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
$23.3 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
StepStone
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
AllPaws
& 2 more
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Acquired by
BC Partners
(Dec 14, 2014)
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Products & Services of PetSmart
PetSmart offers a comprehensive portfolio of products and services, including Pet Food and Pet Services. 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.
Pet food and treats are provided for various animals, including options like vet-authorized diets and premium natural products.
Grooming, training, and boarding services are offered to support pet health and well-being across different breeds.
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Software Development Team
75 people
Leadership Team
39 people
Senior Team
34 people
Human Resources and Administration
20 people
Sr. Team
20 people
Operations Team
20 people
Product Management Team
19 people
Store Team
16 people
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Funding Insights of PetSmart
PetSmart has successfully raised a total of $23.3M across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(01 Feb 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Post-IPO - PetSmart | Valuation |
investors |
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| Mar, 2015 | Amount | Post-IPO - PetSmart | Valuation |
investors |
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| Feb, 2015 | Amount | Private Equity Round - PetSmart | 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 PetSmart
PetSmart has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include StepStone, Apollo Global Management and Caisse de depot et placement du Quebec. 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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Buyouts are targeted through private equity investments by the firm.
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Founded Year | Domain | Location | |
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Private investment firm specializing in markets and partnerships.
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Founded Year | Domain | Location | |
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Private equity investments are directed across multiple sectors.
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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 PetSmart
PetSmart has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AllPaws, Chewy and Pet360. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Pets are matched with adopters via a dating-style algorithm.
|
2013 | ||||
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Pet supplies are retailed online by this company.
|
2011 | ||||
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Pet food and treats
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PetSmart
| 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 |
Petsmart Comparisons
Competitors of PetSmart
| 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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Latest news on Petsmart
Frequently Asked Questions about PetSmart
When was PetSmart founded?
PetSmart was founded in 1987 and raised its 1st funding round 28 years after it was founded.
Where is PetSmart located?
PetSmart is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Who is the current CEO of PetSmart?
Ken Hicks is the current CEO of PetSmart.
Is PetSmart a funded company?
PetSmart is a funded company, having raised a total of $23.3M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $23.3M, raised on Feb 01, 2015.
What does PetSmart do?
PetSmart was founded in 1987 in Phoenix, United States, and operates within the pet retail sector. Pet foods, products, and accessories are distributed through 1,433 physical stores and online platforms such as PetSmart.com, PetFoodDirect.com, and petMD.com. In-store services encompass boarding, grooming, day care, and adoption. Locations are maintained across the United States, Canada, and Puerto Rico, with over 530,000 associates employed. Support is extended to NGOs focused on deprived pets.
What products or services does PetSmart offer?
PetSmart offers Pet Food and Pet Services.
How many acquisitions has PetSmart made?
Who are PetSmart's investors?
PetSmart has 7 investors. Key investors include StepStone, Apollo Global Management, Caisse de depot et placement du Quebec, BC Partners, and Ardian.
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