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Dr. Treat
Experiences pet care at its best with exceptional personalized veterinary care at unsurpassed levels
About Dr. Treat
Dr. Treat operates in the veterinary care market, positioning itself as a tech-forward provider of personalized and preventative services for pets. Founded in 2021 by the husband-and-wife duo Rakesh Tondon and Hetal Shah, along with Charlie Bowman, the company was born from their personal struggles to find accessible and adequate care for their puppy, Coco, during the 2020 pet adoption boom. Tondon, serving as CEO, brings experience from his previous venture, Le Tote, and Shah, the Chief Experience Officer, contributes a background in technology, hospitality, and marketing. Bowman serves as the CTO.
The company's business model is centered around an annual membership subscription, the "Dr. Treat One" plan, which provides pet owners with unlimited access to both in-clinic and 24/7 virtual care consultations for a fixed yearly fee. This structure aims to lower the barrier for pet parents to seek early-stage, preventative care rather than waiting for issues to escalate, thereby focusing on wellness over reactive illness treatment. Revenue is generated from these annual subscriptions, with additional costs for services beyond consultations like diagnostics, surgery, and medications. The target clientele includes Gen Z and Millennial pet owners in the San Francisco Bay Area who value convenience and a seamless digital experience.
Dr. Treat differentiates itself through a "phygital" approach, combining physical clinics with robust digital services. Members can use the Dr. Treat mobile app to book same- or next-day appointments, access medical records, request prescription refills, and engage in telehealth appointments. A key feature is the development of their own proprietary Patient Information Management Software, designed to streamline workflows and enable data-driven, personalized care plans based on a pet's breed, genetics, and lifestyle. Their physical clinics are intentionally designed to be low-stress, Fear-Free certified environments for pets, staff, and owners. Services offered include primary and urgent care, surgical and dental procedures, diagnostics like in-house lab work and x-rays, and preventative care. The company secured $10.5 million in seed capital in 2022 from investors including Y Combinator, Liquid2, and Epic Ventures, and opened its first clinic in San Francisco in 2022, followed by a second location in Burlingame in early 2024.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEEDOther financing | Dec 2023 | $11M | $42M | EPIC Ventures · UpHonest Capital · Rebel Fund · Y Combinator | ↗ |
| SEEDOther financing | Sep 2022 | $0 | — | Rebel Fund | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Dr. Treat is 3.9K monthly website visits, up 116.7% over the last three months. Dr. Treat's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
Quarry
Y Combinator
Rebel Fund
EPIC Ventures
UpHonest Capital
Scrum Ventures
Liquid 2 Ventures
Builders VC
Garuda Ventures
Other known investors3 additional known investors
Cathexis ventures
Maiora Ventures
Philippe Suchet
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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