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Battery Ventures backs Vetspire, installs new CEO

What's the deal? VetspireDealroom has a profile for this one. Try Dealroom →, an AI operating system for veterinary practices, has raised a growth equity round led by Battery Ventures, a global technology-focused investment firm. The San Francisco company will operate as a standalone business and use the funds to accelerate product and AI development. Its technology is in use at more than 800 pet hospitals and clinics.

What does Vetspire do? Its practice management system unifies medical records, scheduling, billing, inventory, and client communications on one platform. AI is embedded throughout, including scribe functionality, patient summarisation, and clinical-assistant tools that cut administrative work.

The new hire. Healthcare-software executive Zachary Seely has joined Vetspire as chief executive officer, working alongside President Joe Mazzarella. Seely previously ran FSIDealroom has a profile for this one. Try Dealroom →, a healthcare facility maintenance software platform. "As an independent company, we'll continue investing in the platform, particularly in AI," he said.

Why now? "Many pets adopted during the Covid era are getting older and will need increasing levels of care over the next several years," said Chelsea Stoner, general partner at Battery Ventures.

What's the endgame? Vetspire aims to give single-location clinics the same enterprise-grade tools that power large multi-site operators such as Thrive Pet HealthcareDealroom has a profile for this one. Try Dealroom →, Petfolk, and Heart + PawDealroom has a profile for this one. Try Dealroom →. Thrive remains a long-term customer but holds no ownership in the business going forward.

The signal. The investment extends Battery Ventures' specialty-healthcare software strategy into veterinary technology, where AI is reshaping day-to-day clinical work.

Image credit: SurfaceWarriors

Read more: AP News

Source: dealroom

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