Bond Vet, a design-forward, tech-enabled brand of veterinary care clinics in New York, has secured a $170 million investment from growth investor Warburg Pincus.
The funding will be used to expand Bond Vet’s footprint and invest in equipment, training, culture and technology to further improve the clinical experience for veterinarians, pets and pet parents alike.
Bond Vet offers a highly flexible, convenient experience for veterinary care, with clinics providing a wide range of appointment options including pre-scheduled appointments, walk-in visits, and telehealth. Its breadth of services spans from wellness checkups and traditional GP offerings to urgent care, such as wound treatment, GI issues and mass removals. Since its inception in June of 2019, Bond Vet has treated more than 40,000 pets in the New York City area.
“The increase in pet ownership, accelerated by the rise of adoptions and need for care during the pandemic has demonstrated an enormous opportunity to improve veterinary services, especially in urgent and emergent cases for pets,” says Mo Punjani, Co-Founder and CEO of Bond Vet. “Bond Vet meets the demand for a high-quality, convenient experience for pet care, supported by our best-in-class technology and standards for medical excellence. The new partnership with Warburg Pincus and the continuing support of our initial capital provider Talisman Capital, will help accelerate our growth and enable us to provide the best experience for our pets, pet parents and our veterinarians in New York and beyond.”
Read more/Source: Private Equity Wire
