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Vet-tech company in good health after funding round

LIVERPOOL based vet technology company, VidiVet, has closed its latest seed funding round early after raising £310,000 to fuel its growth and continued development after exceeding its target.

The VidiVet app gives pet owners immediate access to a UK registered vet, 24 hours a day, seven days a week, and it’s already being used by more than 10,000 pet owners.

VidiVet currently employs a 33-strong team, and the majority of this latest £310,000 investment came from business angels and existing investors, along with several well-known names in the veterinary industry. These include Wendy Furness, who is a member of the UK Business Angels Association and was previously a director at Pride Veterinary Referrals in Derby, and Adam Tjolle, who was previously CEO at Inglis Vets, which has practices throughout Edinburgh.

The business was founded by vet Ben Sweeney in 2020 and has already benefitted after securing a future fund loan from the British Business Bank, the government-owned development bank dedicated to new and smaller businesses.

Ben said: “We’ve grown rapidly over the past 12 months and have significantly increased the numbers of veterinary practices and pet owners who are using VidiVet.

“The feedback we’re receiving from pet owners and vet practices has been excellent. The app also enables veterinary practices to increase capacity, as well as alleviating pressure for their teams, at a time when more than half of practices aren’t accepting new clients. Crucially, the app isn’t replacing the practice, or even prescribing online, but it’s working alongside the practice as part of an extended team to enable them to cater to all their clients’ needs, regardless of whether they’re open or closed.”

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