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Digital vet platform VidiVet secures investment from River Capital

Image credit: Green Elk / Shutterstock

Startup VidiVet has secured a six-figure investment from River Capital to expand its remote veterinary platform.

Founded in 2020, VidiVet has grown to a team of 60 offering digital consultations for pet owners from anywhere in the country.

The Liverpool-based startup works with vets and pet insurance firms, offering a triage service in which it makes preliminary assessments of animals which are then referred elsewhere.

“We live in a time where people are excited but also fearful of AI so it is lovely to be able to share our journey with pet owners and to utilise AI and machine learning to fuel our learnings and evolution as a company,” said VidiVet founder and CEO Ben Sweeney.

The company is keen to put its new funding towards scaling its tech capabilities, with AI, computer vision, IoT and deep learning being named as major areas of interest.

VidiVet was a winner of Tech Nation’s final Rising Stars startup competition.

The funding round for VidiVet came from the fund:AI EIS investment vehicle managed by Liverpool-based River Capital.

“Growth in the [health tech] sector is strong and we look forward to supporting VidiVet to further diversify their B2B customer base,” said David Walters, investment director of fund:AI.

“Health-tech is an area that will benefit greatly through AI innovation and we see a real opportunity for the company to go on a high growth journey over the coming years supported by deep learning projects with specialist veterinary health innovation facilities and pharmaceutical partners.”

Vidivet was featured in UKTN’s recent Liverpool Regional tech report.