15 May 2022 • 1 minute read
DLA Piper Canada advised Kensington Capital Partners and Whitecap Venture Partners in US$30 million Series B financing to take pet telehealth mainstream
On April 19, 2022, Vetster Inc., the world’s fastest growing pet care marketplace, announced it has raised US$30 million in its oversubscribed Series B round. The investment was led by Kensington Capital Partners and included existing investors Whitecap Venture Partners and Brightspark Ventures. PetMed Express, Inc. (NASDAQ: PETS), a leading online pet pharmacy known as PetMeds, joined the round as an investor and strategic partner to bring Vetster’s pet care marketplace and telehealth services to millions of pet parents across the United States.
Read more about this transaction here.
DLA Piper Canada acted for Kensington Capital Partners and Whitecap Venture Partners with a team that included Robert Fonn, Jamie Mandell and Joseph Soifer.
With lawyers across Canada and globally, DLA Piper is strategically positioned to serve and support emerging growth companies wherever they do business. In today's challenging environment, we provide a range of strategic legal services to emerging companies that are designed to assist businesses at every stage of their life cycle. We work with many of the world's leading startups and emerging companies, offering strategic advice on corporate transactions, IP protection, commercial contracts, company structuring and formation, regulatory compliance, advocacy and litigation, and employment matters.
