The pandemic has triggered an uptick in pet ownership, resulting in increased demand on veterinary practices. This connection to animals is mysterious and emotionally-driven, yet unsustainable.
Pet ownership has surged from 56 to 70% of US households in the past 35 years, yet there remains a shortage of vets.
By 2030, demand for veterinary care will require 41K more vets in the U.S., which means vets must see ~32 patients daily today to keep up.
Vets and doctors alike spend much of their time on administrative tasks, while aging systems struggle to keep up with the workload.
In 2021, we reported on Digitail, a Romanian-born startup that streamlines admin work for vets. They had just secured their seed round.
Digitail has closed a $11 million Series A funding round, led by Atomico and including previous investors byFounders, Gradient and Partech. Andreas Helbig of Atomico joins the Digitail board as part of the investment. Allison Pickens (formerly COO at Gainsight) is also investing through her new fund new-normal.ventures.
Digitail will leverage the funding to scale operations in the US and Canada, as well as enhance their product.
Our SaaS solution merges Practice management, a pet owner app, and a Data Hub with medical/business insights for vets.
Veterinarians can see twice as many patients with the use of this software.
Digitail, co-founded in 2018 by Sebastian Gabor (CEO) and Ruxandra Pui (CPO), is the result of their prior success with ITGambit, a development studio and IT consultancy.
Gabor said the company began 2022 with $150k in ARR and ended the year with more than 10 countries, 1.4M pet profiles, and 700+ animal hospitals using Digitail PIMS daily – reaching a total of $1M in ARR.
After a botched vet appointment, he was inspired to create Digital—a platform for managing pet vaccinations.
US pet care is projected to surge from $118 billion in 2019 to $277 billion by 2030.