About Wag!
Wag! is a company based in Los Angeles (United States) founded in 2010.. Wag! has raised $98.45 million across 6 funding rounds from investors including Crosscut Ventures, Social Leverage and SoftBank Vision Fund. Wag! offers products and services including Wag! App, Dog Walking Service, and Pet Sitting Service. Wag! operates in a competitive market with competitors including Rover, Pawshake, DogVacay, Pet Paradise and Meowtel, among others.
- Headquarter Los Angeles, United States
- Stage Public
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Sectors
ConsumerBusiness Services
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$98.45 M (USD)
in 6 rounds
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Latest Funding Round
$225 K (USD), Post-IPO
Apr 18, 2023
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Investors
Crosscut Ventures
& 14 more
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Employee Count
Employee Count
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Products & Services of Wag!
Wag! offers a comprehensive portfolio of products and services, including Wag! App, Dog Walking Service, and Pet Sitting Service. 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.
Mobile app for scheduling and tracking pet care services.
Professional service for dog walks with real-time GPS monitoring.
In-home care option for pets during owner absences.
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Funding Insights of Wag!
Wag! has successfully raised a total of $98.45M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $225 thousand completed in April 2023. 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 6
- Last Round Post-IPO — $225,000
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First Round
First Round
(07 May 2015)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Post-IPO - Wag! | Valuation |
investors |
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| Jan, 2019 | Amount | Series B - Wag! | Valuation | Bullpen Capital , Crosscut Ventures | |
| Jan, 2018 | Amount | Debt – Conventional - Wag! | 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 Wag!
Wag! has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Crosscut Ventures, Social Leverage and SoftBank Vision Fund. 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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Seed & early stage tech-focused venture capital firm investing in the US and Canada
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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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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 Wag!
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wag!
| 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 |
Wag! Comparisons
Competitors of Wag!
Wag! 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 Rover, Pawshake, DogVacay, Pet Paradise 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 |
App-based pet sitting marketplace
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| domain | founded_year | HQ Location |
Pet sitters are matched with owners via an online platform.
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| domain | founded_year | HQ Location |
Open Marketplace for Pet Sitters
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| domain | founded_year | HQ Location |
Provider of pet boarding, daycare, grooming, and veterinary services
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| domain | founded_year | HQ Location |
A marketplace for cat sitting and care services is operated.
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| 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 Wag!
Frequently Asked Questions about Wag!
When was Wag! founded?
Wag! was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is Wag! located?
Wag! is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Wag! a funded company?
Wag! is a funded company, having raised a total of $98.45M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $300M, raised on May 07, 2015.
What does Wag! do?
Wag! was founded in 2010 in Los Angeles, United States, as an online marketplace in the pet care sector. Pet owners are connected with registered sitters for services including dog walking, wellness checks, and training sessions. Additional resources such as dog behavior guides, naming suggestions, and activity ideas are provided via the platform, which operates primarily through its domain wagwalking.com.
Who are the top competitors of Wag!?
Wag!'s top competitors include Rover, Pet Paradise and DogVacay.
What products or services does Wag! offer?
Wag! offers Wag! App, Dog Walking Service, and Pet Sitting Service.
Who are Wag!'s investors?
Wag! has 15 investors. Key investors include Crosscut Ventures, Social Leverage, SoftBank Vision Fund, Bullpen Capital, and Naval Ravikant.