Announced

Completed

TELUS Global Ventures led a $21m Series C round in FirstVet.

Synopsis

TELUS Global Ventures, a venture capital firm, led a $21m Series C round in FirstVet, a digital vet clinic, with participation from OMERS Ventures, Mubadala Capital and Cathay Innovation. "FirstVet is the only company offering pet telehealth on a global scale, and TELUS Global Ventures is an ideal partner for our next phase of growth. As digital vet services rise in popularity, driven by rapidly changing regulations, we are excited to bring our proven and successful platform from Europe to North America, where the market is booming and ready for us. We have already established ourselves as the essential telehealth partner to European pet insurers. With support from TELUS Global Ventures, we aim to scale our services in North America, extending our reach through new types of partnerships. Our US business has grown significantly, and with TELUS Global Ventures, we are poised to accelerate this progress," David Prien, FirstVet CEO.

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