pet tech

pet tech

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.

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On this week's episode of the L.A. Venture Podcast, hear from Drew Taylor, a partner at Digitalis Ventures.

The firm first launched in 2016 with a $100 million fund invested in companies that focus on improving human health. Two years later, Taylor said Digitalis turned its attention from not only supporting companies in human health but also those in animal health.

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U.S. pet ownership rose nearly 50% over the last year as Americans, hemmed in by the pandemic, embraced their furry friends. The surge propelled the pet industry past $100 billion in revenues and exacerbated demands on veterinarians already stretched thin.

With its hybrid telemedicine subscription service, Culver City-based startup Modern Animal is looking to grow by appealing to both overtaxed vets and the new rush of pet owners. On Friday, it announced a $75.5 million investment to help do it.

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