Leeds-based Vet tech firm, Vet-AI has completed a “significant” new investment round.
While it wouldn’t reveal the extent of the backing from Hill’s Pet Nutrition and Correlation One Holdings, it said that it took the total investment to date to £12.6m. It’s the third investment from Correlation.
“We’re delighted to confirm these really important funding rounds with two long-term strategic partners. They will help us undertake innovative work to provide a much-needed bridge between digital and face-to-face veterinary care. This combined approach will support even more pets and clinical professionals to thrive,” stated Paul Hallett, co-founder of Vet-AI.
“We are focused on doing all we can to ease pressures in the industry while providing convenient and affordable access to veterinary care – underpinned by cutting-edge technology. Our natural collaboration with both Correlation and Hill’s Pet Nutrition mark an exciting chapter in the next stage of that journey.”
Vet-AI stated that it would enable the business to scale-up its operations through its Joii Pet Care app. It will also bring AI technology to vet practices to address the rise in demand for pet care.
“We see Joii Pet Care as a powerful tool veterinary surgeons can take advantage of to alleviate stress and free up time and resources. Joii supports veterinarians by clearing more time for procedures that require their skill and expertise. We think vets will appreciate Joii’s many helpful functionalities, such as tele-triage, online follow-ups and check-ups,” added Dr Hein Meyer, Director of Professional and Veterinary Affairs at Hill’s Pet Nutrition.
“One of our top priorities is fostering and continually investing in the health, longevity, and satisfaction of our veterinary network. We see our work with Vet-AI as another step towards supporting veterinarians across the world.”
