Fuzzy raises $44M in venture funding
Fuzzy recently raised $44 million in a round of venture funding led by Icon Ventures. The round also saw participation from existing investors like Greycroft, Matrix, and Crosscut.
Fuzzy CEO and co-founder Zubin Bhettay stated, “Pet care has become so prohibitively expensive that it’s leading to some shockingly sad statistics around euthanasia and pet abandonment. With the explosion of pet adoption we’ve also seen veterinary clinics be overrun, causing scarcity of appointments and veterinarian burn out. We believe the industry has to find new ways to address the strain on veterinarians and use technology to deliver care efficiently, where possible. Fuzzy is making it possible for veterinary clinics to free up their schedules and use their time more productively.”
The company was founded with the aim of making veterinarian services accessible to people and propagate preventative pet care education.
Commenting on the investment, Icon Ventures general partner Tom Mawhinney said, “Fuzzy is rethinking how pets and their owners receive veterinary care in a way that’s improving outcomes, as well as relieving strain on the veterinarians themselves. We believe telemedicine and Fuzzy’s always-on approach to care will transform pet ownership for millions of households across the U.S. and the globe, very similarly to how telemedicine has reshaped human patient and doctor care for the better.”
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