Vetspire has received a significant growth investment from Battery Ventures to accelerate AI development and product innovation across its veterinary practice management platform.
Vetspire will operate as a standalone company and plans to use the investment to deepen its AI capabilities and bring enterprise-grade software to veterinary practices of all sizes. Financial terms were not disclosed.
Alongside the investment, healthcare software executive Zachary Seely has joined Vetspire as CEO. President Joe Mazzarella will remain focused on customer support and experience.
Vetspire operates an AI-powered practice management system that integrates medical records, scheduling, billing, payments, inventory, and client communications into a single platform. AI features include scribe functionality, patient summarization, and clinical assistant tools intended to reduce administrative work for veterinary teams.
The platform is currently used by more than 800 veterinary hospitals and clinics, ranging from independent practices to multi-location groups such as Thrive Pet Healthcare, Petfolk, and Heart + Paw.
Battery Ventures sees an opportunity for Vetspire to grow as pet populations age and veterinary practices seek technology to improve efficiency and reduce paperwork.
Following the investment, Thrive Pet Healthcare will remain a long-term Vetspire customer but will no longer hold an ownership interest in the company.
Vetspire’s existing product, engineering, and customer-success teams will continue supporting customers, backed by additional investment in products, AI, and support capabilities.
KEY QUOTES:
“Vetspire is already operating at the cutting edge of veterinary software, and I am thrilled to lead the organization as it ramps up innovation in its next phase of growth. As an independent company, we’ll continue investing in the platform, particularly in AI, to make every clinic and hospital we serve more efficient and more clinically effective.”
Zachary Seely, CEO of Vetspire
“We think Vetspire has a tremendous opportunity to grow as a forward-thinking, independent provider of technology for veterinary practices, from large, multi-site operators to smaller independent clinics. And the timing couldn’t be better: Many pets adopted during the Covid era are getting older and will need increasing levels of care over the next several years.”
Chelsea Stoner, General Partner at Battery Ventures
“Vetspire is the rare platform that veterinarians actually love using, and its embedded AI turns hours of daily paperwork into more time caring for pets.”
Dillon Joyce, Principal at Battery Ventures
“Vetspire has been the right platform to scale across our large network of hospitals. Its continued focus on innovation, including the integration of AI across the platform, has been a real asset to our operations. We’re looking forward to seeing veterinary teams across the industry benefit from this technology as it continues to evolve with additional resources and capital from Battery Ventures.”
Tad Stahel, CEO of Thrive Pet Healthcare
