Monday, August 2, 2021

Modern Animal Snags $75.5M For Veterinary Care

Los Angeles-based Modern Animal, a new startup which offers up veterinary care, has raised $75.5M in funding. The company is developing what it calls a "modern" veterinary clinic. The funding included both a $35.5M Series A funding, led by True Ventures, and a $40M Series B funding led by Founders Fund. The funding also included Upfront Ventures. According to the company, the funding will be used for rapid expansion, plus continued development of the company. As part of the funding, Tony Conrad of True Ventures, Karen Boone former CFO of Restoration Hardware, and David Bowman of Atmosphere/previously of Blue Bottle Coffee, have joined the company's board. The company currently has one pet clinic, in West Hollywood, in addition to "virtual" service.

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