Small Door Veterinary, a membership-based veterinary care company, has raised $55 million in new capital to support its growth. This funding includes a $35 million equity financing led by Valspring Capital, as well as a $20 million debt facility from Bridge Bank.
With significant milestones achieved, including the hiring of Kristen Lombardi as the first Chief Operating Officer and the opening of new practices in McLean, VA, and Park Slope, Brooklyn, the capital will be used to expand in existing markets, open new locations, and enhance member services and technology infrastructure, focusing on sustainability and operational excellence.
KEY QUOTES:
“We’ve validated our model across multiple cities, and we’ve shown that it’s not just differentiated, but deeply repeatable. This raise gives us the capital — and the confidence — to double down on what’s working. We’ll continue growing in our core markets while preparing for thoughtful expansion into new ones, all with a focus on discipline, sustainability, and member experience.”
Florent Peyre, Co-Founder and CEO of Small Door
“Small Door’s model is one of the most compelling we’ve seen in veterinary care. The team has built a category-defining brand with clinical rigor, hospitality-grade service, and a scalable platform. We’re excited to support them as they bring this experience to more pet families nationwide.”
Yumin Choi, Managing Partner at Valspring Capital
