GoodVets Veterinary Services LLC

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GoodVets Veterinary Services LLC - overview

Established

2017

Location

Chicago, IL, US

Primary Industry

Healthcare Specialists

About

GoodVets Group LLC, located in the US, specializes in providing comprehensive veterinary care services designed to enhance the pet ownership experience. Their offerings include wellness exams and complex medical care, facilitated by a team of qualified veterinarians. GoodVets Group LLC operates as a full-service veterinary care provider founded in 2017 in Chicago, US. The company was established by founders David Saginur, Ryan Joseph, and Sabrina Kuo.


Ryan Joseph currently serves as the CEO. GoodVets has completed 2 investment deals to date, with the most recent deal occurring on September 13, 2023. GoodVets provides comprehensive veterinary care centered around a full-service model designed for pet owners. Their core offerings include routine wellness exams, sick visits, and management of complex medical needs, all facilitated by a team of qualified veterinarians.


The service model emphasizes easy same-day booking and drop-off care, ensuring a seamless experience for pet parents. By integrating state-of-the-art medical practices with a compassionate approach, GoodVets aims to alleviate the stress often associated with veterinary visits for both pets and their owners. The company serves a diverse clientele across various geographical markets, including major urban areas such as Atlanta, Austin, Chicago, Los Angeles, and New York City, targeting pet owners who prioritize high-quality veterinary services for their animals. GoodVets generates revenue primarily through direct service transactions with pet owners seeking veterinary care for their pets.


The business model encompasses a range of services provided on a per-visit basis, including in-room consultations and drop-off visits. The company offers various wellness plans tailored for ongoing pet care, creating a structure of recurring income streams. Each visit typically involves a consultation fee, which may vary based on the specific services rendered during the appointment. In addition to individual visit pricing, GoodVets may also engage in partnerships with local pet-related businesses, enhancing their service offerings while solidifying their presence in the market.


The focus on delivering a high-quality veterinary experience positions GoodVets favorably within the competitive landscape of pet healthcare services. In September 2023, SkyKnight Capital and General Atlantic invested in GoodVets Veterinary Services LLC. The investment will enable GoodVets to accelerate its veterinary care platform and growth. The company is planning to expand its geographic reach into new markets, with specific targets to be announced.


Upcoming products designed to enhance the veterinary service experience are also in development, with launch dates to be determined.


Current Investors

SkyKnight Capital, General Atlantic

Primary Industry

Healthcare Specialists

Sub Industries

Healthcare Specialists

Website

www.goodvets.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

GoodVets Veterinary Services LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedGoodVets Veterinary Services LLC-
GrowthCompletedGoodVets Veterinary Services LLC-

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