Modern Animal is a technology company.
Modern Animal is a veterinary care provider focused on delivering comprehensive services including primary care, urgent care, and 24/7 virtual care for pets.
Modern Animal has raised $136.0M across 4 funding rounds.
Modern Animal has raised $136.0M in total across 4 funding rounds.
Modern Animal has raised $136.0M in total across 4 funding rounds.
Modern Animal's investors include Addition, Atreides Management, Bam Ventures, Highbury Group, O.G. Tech Partners, Redline Capital, True Ventures, Upfront Ventures, Viola Ventures, Walden International, Peter Hunn, Andreessen Horowitz.
Modern Animal is a next-generation veterinary company that operates state-of-the-art clinics and a 24/7 virtual care platform, offering comprehensive pet care including primary, urgent, and specialty services, integrated pharmacy, and e-commerce.[1][2][7] It serves pet owners—primarily millennials in urban and Sun Belt markets—through a membership model with All-Access ($199/year for unlimited exams) or Pay-As-You-Go ($80/exam) options, solving pain points like fragmented care, high costs, long waits, and vet shortages by combining tech-driven efficiency with in-person expertise.[3][4] The company has demonstrated strong growth, reaching a $100M annual revenue run rate in 2024 (up 85% YoY from $54M in 2023), serving over 100,000 pets across 27 clinics in California, Texas, and Colorado, with recent $46M funding to fuel expansion.[1][2][3]
Founded by CEO Steven Eidelman, Modern Animal emerged from his earlier ventures in pet health tech around 10-11 years ago, starting with a health monitoring device that pivoted after poor initial sales, redirecting focus to comprehensive pet healthcare.[6] Launched in 2020, the company built custom technology from day one—including its own practice management system (Claude EMR), consumer app, and clinics—to address gaps in the veterinary experience amid industry consolidation and vet shortages.[4][6] Early traction came via seed funding from Upfront Ventures in 2019, enabling rapid scaling; pivotal moments include achieving nine-figure run-rate revenue by 2024 and the 2025 $46M round led by Addition, True Ventures, and Upfront, with Founders Fund participation and board additions like Mark Suster.[1][2]
Modern Animal rides the pet tech boom, fueled by rising pet humanization (U.S. pet spending hit record highs) and vet industry consolidation, where independents struggle against corporates like Mars Vet.[1][6] Timing aligns with AI maturation for healthcare ops and post-pandemic telehealth normalization, enabling reliable high-quality care at scale amid a nationwide vet shortage.[2][4][6] Market tailwinds include Sun Belt pet population growth, millennial spending, and demand for convenient, tech-enabled services; it influences the ecosystem by proving vertical integration works in vet med, inspiring sustainable models that empower vets and cut admin burdens.[3][6]
Modern Animal is poised for nationwide scaling, leveraging $46M to add clinics in Arizona/Georgia, enhance AI tools, and expand specialties like exotics/mobile vaccines, targeting sustainable profitability on its $100M run rate.[1][2][3] Trends like AI automation, subscription health, and pet wellness spending will accelerate growth, potentially capturing more of the $50B+ U.S. vet market as it deepens Sun Belt presence. Its influence may evolve by setting standards for tech-vet hybrids, humanizing pet care while fixing systemic issues—reaffirming its mission to build a better world for animals and their humans through innovation.[5][6][7]
Modern Animal has raised $136.0M across 4 funding rounds. Most recently, it raised $46.0M Series D in September 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2025 | $46.0M Series D | Addition, Atreides Management, Bam Ventures, Highbury Group, O.G. Tech Partners, Redline Capital, True Ventures, Upfront Ventures, Viola Ventures, Walden International, Peter Hunn | |
| Jul 1, 2021 | $40.0M Series B | Addition, Atreides Management, Bam Ventures, Highbury Group, O.G. Tech Partners, Redline Capital, True Ventures, Upfront Ventures, Viola Ventures, Walden International, Peter Hunn | |
| Jul 1, 2020 | $36.0M Series A | Addition, Atreides Management, Bam Ventures, Highbury Group, O.G. Tech Partners, Redline Capital, True Ventures, Upfront Ventures, Viola Ventures, Walden International, Peter Hunn | |
| Oct 1, 2019 | $14.0M Seed | Andreessen Horowitz, Bam Ventures, Casa Verde Capital, Craft Ventures, Dreamers VC, Lightspeed Venture Partners, Patron, Thirty Five Ventures, Justin Timberlake, Katy Perry, Kevin Lin, Martin Li, Rudra Peram, Sung ho Choi |