Rover

Olympia, United States Founded: 2011 • Age: 15 yrs Acquired By Blackstone
App-based pet sitting marketplace

About Rover

Rover is a company based in Olympia (United States) founded in 2011 was acquired by Blackstone in November 2023.. Rover has raised $409.19 million across 13 funding rounds from investors including SVB, Petco and Blackstone. Rover has completed 8 acquisitions, including Cat in a Flat, DogBuddy and DogVacay. Rover operates in a competitive market with competitors including Wag!, Pawshake, Trusted Housesitters, DogVacay and Meowtel, among others.

  • Headquarter Olympia, United States
  • Stage Public
  • Sectors
    Consumer
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Consumer → Baby, Parenting & Pet Care
Business Services → Event, Translation & Local Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $409.19 M (USD)

    in 13 rounds

  • Latest Funding Round
    $30 M (USD), Debt – Venture

    May 24, 2018

  • Investors
    SVB

    & 17 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Blackstone

    (Nov 29, 2023)

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People of Rover
Headcount 5000-10000
Employee Profiles 142
Board Members and Advisors 4
Employee Profiles
People
Laura Tart
Customer Service Representative
People
Karen Didier
Dog Walker
People
Anna Farrar
Pet Care Professional
People
Natalie Wallace
Pet Care Professional

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Board Members and Advisors
people
Aaron Easterly
Co-Founder and Executive Chair
people
Courtney della Cava
Board Member
people
Sachin Bavishi
Board Member
people
Ryan Scott
Board Member

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Funding Insights of Rover

Rover has successfully raised a total of $409.19M across 13 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $30 million completed in May 2018. 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 Rounds 13
  • Last Round Debt – Venture — $30.0M
  • First Round

    (01 Dec 2011)

  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2018 Amount Series G - Rover Valuation T. Rowe Price
May, 2018 Amount Debt – Venture - Rover Valuation

investors

SVB
May, 2018 Amount Private Equity Round - Rover Valuation

investors

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 Rover

Rover has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Petco and Blackstone. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are managed by Winslow Capital.
Founded Year Domain Location
Spark Capital is engaged in venture capital investments.
Founded Year Domain Location
Venture capital is invested in global technology companies by TCV.
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 Rover

Rover has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Cat in a Flat, DogBuddy and DogVacay. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online marketplace offering pet services platform
2015
A marketplace for cat sitting and care services is operated.
2015
Local cat-sitters are matched with owners via an online marketplace.
2014
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 - Rover

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Rover Comparisons

Employees
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Competitors of Rover

Rover 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 Wag!, Pawshake, Trusted Housesitters, DogVacay and Meowtel, 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
Pet sitters are matched with owners through an online marketplace.
domain founded_year HQ Location
Pet sitters are matched with owners via an online platform.
domain founded_year HQ Location
Pet owners are connected with housesitters through an online platform.
domain founded_year HQ Location
Open Marketplace for Pet Sitters
domain founded_year HQ Location
A marketplace for cat sitting and care services is operated.
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 Rover

Frequently Asked Questions about Rover

When was Rover founded?

Rover was founded in 2011.

Where is Rover located?

Rover is headquartered in Olympia, United States. It is registered at Olympia, Washington, United States.

Is Rover a funded company?

Rover is a funded company, having raised a total of $409.19M across 13 funding rounds to date. The company's 1st funding round was a Private Equity Round of $125M, raised on Dec 01, 2011.

What does Rover do?

Rover was founded in 2011 in Olympia, United States, as an app-based platform in the pet care sector. Pet owners are linked with sitters for services such as dog boarding, house sitting, dog walking, and pet grooming. Bookings are managed via the app with online payments, and the service extends to additional pet-care providers. Availability is provided on iOS and Android devices.

Who are the top competitors of Rover?

Rover's top competitors include Wag!, Trusted Housesitters and Pet Paradise.

How many acquisitions has Rover made?

Rover has made 8 acquisitions, including Cat in a Flat, DogBuddy, and DogVacay.

Who are Rover's investors?

Rover has 18 investors. Key investors include SVB, Petco, Blackstone, T. Rowe Price, and Winslow Capital.

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