​DogDrop product

Dogdrop Raises $2.9 Million, Seeks to Be 'Gold Standard' in the Pet Startup World

Shaina Denny had just moved back to the United States from China when she decided she wanted a pup of her own. But as balancing work and home life became more difficult, she found herself looking for a dog service agency that allowed her to drop off her pet for just a few hours at a time— but couldn't find one.

One year later, Denny teamed up with COO and co-founder Greer Wilk in hopes of providing just such a service herself.


Dogdrop launched out of Science Inc., a startup studio in downtown Santa Monica that previously backed DogVacay, in January of 2020— right before the start of the COVID-19 pandemic.

The startup provides dog care with a twist: focusing dog care around convenience, flexibility and accessibility.

Denny said their dog service is unique in that it focuses on creating an industry "gold standard" for customer and pet experience.

"A high-quality member experience is something that humans expect from other services, they can also expect the same experience at a Dogdrop location," said Denny.

Dogdrop co-founders Greer Wilk (left) and Shaina Denny

At Dogdrop, pet owners can drop off their pups whenever they need to and pick them up whenever they are ready.

Dogdrop's customers pay an hourly rate or a monthly subscription. Costs start at $20 per month for three hours and range up to $800 per month for unlimited services.

The COVID-19 pandemic caused economic hardships for many startups and small businesses. Companies like Rover, one of Dogdrop's top competitors, were forced to lay off employees within weeks of the start of the pandemic. Rover laid off 41% of its workers at the end of 2020.

"If people are working from home and not traveling, the impact on our community of sitters and walkers is devastating," its CEO said in a statement last year.

But the American Pet Products Association reported that Americans spent almost $104 billion in 2020 on services such as grooming pet sitting and pet walking. This year the association estimates consumers will spend almost $110 billion on pet services — an increase of 5.7% over last year.

Denny said her company's biggest challenge was not economic, but keeping their employees safe and supporting them through rough times.

"As someone who adopted or got a dog during the pandemic— the demand was there. Especially because we focus on what we call 'quick stops.' People are able to drop their dog off for one to three hours at a time to get them exercising or to have a quiet Zoom call," Denny said. "The real challenge was just making sure our staff felt safe and supported during these times, especially with other difficulties going on in Los Angeles specifically."

Dogdrop announced a $2.9 million raise in late September. The Series A funding round was led by Fuel Capital and also included Mars PetCare, Muse Capital, Animal Capital, Gaingels, The Helm and Wag CEO Garrett Smallwood, the chief executive of one of their biggest competitors.

The company intends to use the new funding to expand its business reach and marketing efforts.

"The pet industry is really growing right now and a lot of investors are attracted to the pet industry space," Denny said. "If we can make it through and be successful during that time it shows investors we will continue to grow."

Office Hours Podcast: Immigrant Grit and Their Parents’ Experience Inspired ServiceTitan's Co-Founders
Photo by NeONBRAND on Unsplash

Shoeboxes full of invoices and receipts ignited the idea of ServiceTitan for Ara Mahdessian, the company's co-founder and CEO.

An Armenian kid from Iran, Ara immigrated with his family to the U.S. as a young boy. He watched his parents assimilate to their new country while toiling into late hours of the night in order to give their family a good life. Ara said, "I remember my parents would come home...extremely tired, exhausted, dusty and still have hours of work to do...And all this happened at dinner time. It happened after dinner. And so was this work that never ended."

Read moreShow less
Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

https://twitter.com/spencerrascoff
https://www.linkedin.com/in/spencerrascoff/
admin@dot.la
Behind Her Empire Podcast: How A $900 Loan Turned Into a Billion Dollar Business
Janice Bryant Howroyd

Janice Bryant Howroyd's entrepreneurial journey had very humble beginnings. She's the founder and CEO of ActOne Group, a multibillion dollar global business providing workforce solutions.

Read moreShow less
Yasmin Nouri

Yasmin is the host of the "Behind Her Empire" podcast, focused on highlighting self-made women leaders and entrepreneurs and how they tackle their career, money, family and life.

Each episode covers their unique hero's journey and what it really takes to build an empire with key lessons learned along the way. The goal of the series is to empower you to see what's possible & inspire you to create financial freedom in your own life.

RELATEDTRENDING
LA TECH JOBS
interchangeLA