MedVet Associates, LLC

MedVet Associates, LLC, based in the US, provides specialized veterinary care with a focus on emergency and specialty services for pets, ensuring access to advanced treatments in various medical fields. Founded in 1988 in Worthington, US, MedVet Associates, LLC offers a range of emergency and specialty veterinary services. The company has received funds from investors including SkyKnight Capital and Stonehenge Partners, with a most recent funding round in July 2019 raising USD 31. 50 mn.

The firm has engaged in three notable deals throughout its history. MedVet specializes in emergency and specialty veterinary care addressing diverse health issues in pets. Their services include advanced treatments in emergency medicine, cardiology, oncology, dermatology, and critical care, provided by board-certified specialists and emergency doctors. MedVet operates a network of facilities across urban centers such as Dallas, Detroit, and various cities in California and Connecticut, catering to pet owners and referring veterinarians with individualized treatment plans.

MedVet generates revenue through direct service transactions on a fee-for-service basis, where clients pay for specialized veterinary services at the time of care. This includes consultations, diagnostic imaging, and surgical procedures. Their pricing structure reflects the complexity of the services provided and is supported by partnerships with local veterinary clinics that refer patients for specialized care. The recent funding received in July 2019 will support MedVet's future growth initiatives, including the design and launch of new veterinary services and expanding their facilities into additional markets.

Specific targeted regions for expansion include more urban areas within the US, aiming to enhance their reach and customer base by leveraging the financial support from the funding round.