What does Koala Health do?
Koala Health is a pet health company that provides a digital pet pharmacy service with a mobile-first experience. The platform offers access to chronic pet medications and a fully integrated prescription solution for veterinarians, serving over 25,000 independent vet clinics across all 50 states.
How much did they raise?
The company secured $20M in Series B funding, led by Valspring Capital, with no reported participant investors.
What are their plans for the money?
Koala Health plans to use the funds to further enhance its mobile-first digital experience and expand its service offerings for both pet parents and veterinarians, potentially increasing its market penetration nationwide.
What have they achieved so far?
The company has already made significant progress by establishing a presence in all 50 states and serving over 25,000 independent veterinary clinics, demonstrating the practicality and demand for its integrated prescription solution.