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Petabyte Technology is a technology company.
Petabyte Technology develops Rhapsody, a cloud-based practice information management software tailored for veterinary professionals. This platform provides intuitive tools and streamlined workflows, designed to give practitioners greater understanding and control over operations. Its emphasis on simple design aims to enhance efficiency and decision-making within veterinary hospitals.
The company was founded by Tim Mahlman, Michael Hyman, and Alex Krooglik, with Krooglik serving as Founder and Chief Operating Officer. Tim Mahlman notably held a past leadership role as president of Verizon Media. The founders identified shortcomings in existing practice information management software and aimed to build a superior solution for the veterinary industry.
Petabyte Technology serves veterinary practitioners and hospitals seeking to modernize their operational infrastructure. Its mission centers on transforming veterinary practice management through comprehensive, user-friendly software solutions. The company aims to empower clinics to achieve operational excellence via advanced, accessible technology.
Petabyte Technology has raised $23.0M across 2 funding rounds.
Petabyte Technology has raised $23.0M in total across 2 funding rounds.
Petabyte Technology has raised $23.0M in total across 2 funding rounds.
Petabyte Technology's investors include Halle Capital Management, National Veterinary Associates, Norwest Venture Partners, Relevance Capital, UNAVETS, Acrew Capital, Correlation Ventures, Ian Sigalow, Ridge Ventures.
Petabyte Technology is a veterinary software company founded in 2019 and based in Bellevue, Washington. It provides a cloud-based patient management platform called Rhapsody, designed specifically for veterinary hospitals to streamline practice operations. The platform centralizes scheduling, patient record management, billing, and communications, including a mobile app called Boop that supports virtual check-ins and on-the-go client interaction. This technology reduces administrative burdens, enabling veterinary staff to focus more on patient care and improving operational efficiency across practices of all sizes[1][3][4].
Petabyte Technology was founded in 2019 with the goal of transforming veterinary practice management through technology. The founders identified inefficiencies in veterinary clinics caused by fragmented scheduling and patient record systems, which detracted from quality care. Early traction came from developing a cloud-based platform that integrates multiple practice functions into a single system, gaining adoption by veterinary hospitals and groups. In November 2022, Petabyte was acquired by Chewy, reflecting its growing influence in the pet care technology space[1][4].
Petabyte rides the trend of digital transformation in veterinary care, where increasing demand for pet health services and client expectations drive the need for efficient, tech-enabled practice management. The timing is favorable due to rising pet ownership and the growing complexity of veterinary services. By standardizing data and streamlining workflows, Petabyte influences the broader ecosystem by enabling better care delivery, operational scalability, and data-driven decision-making in veterinary medicine. Its acquisition by Chewy also signals integration between pet e-commerce and healthcare technology sectors[1][4].
Looking ahead, Petabyte Technology is poised to expand its footprint by deepening integrations with veterinary groups and leveraging data analytics to enhance clinical and business outcomes. Trends such as telemedicine, AI-driven diagnostics, and personalized pet care will likely shape its product evolution. As part of Chewy, Petabyte may also play a key role in creating a seamless pet care ecosystem combining retail, health services, and technology. Its influence is expected to grow as veterinary practices increasingly adopt digital tools to meet rising client expectations and operational demands[1][4].
Petabyte Technology has raised $23.0M across 2 funding rounds. Most recently, it raised $15.0M Series B in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 7, 2021 | $15.0M Series B | Halle Capital Management, National Veterinary Associates, Norwest Venture Partners, Relevance Capital, UNAVETS | |
| Dec 1, 2019 | $8.0M Series A | Acrew Capital | Correlation Ventures, Ian Sigalow, Ridge Ventures |