Koala Health, a pet health company focused on simplifying the healthcare experience, announced the closing of a $20 million Series B funding round led by Valspring Capital.
With this funding, Koala will accelerate its mission to modernize pet care through further developing its mobile-first digital experience and enhancing service offerings for both pet parents and veterinarians.
“Koala Health is redefining the pet prescription experience by building a seamless bridge between veterinarians and pet parents,” said Yumin Choi of Valspring Capital. “By partnering directly with clinics and making it easier for pet owners to manage medications, Koala is creating a smarter, more efficient ecosystem that benefits everyone involved. It’s a modern solution to a long-overdue problem in veterinary care.”
Koala Health offers a streamlined way for pet owners to access their pets’ medications, available in all 50 states through its online storefront at Koala.health. Today, more than 80 million pet parents can benefit from the platform. For veterinarians, Koala provides a fully integrated prescription solution available to over 25,000 independent vet clinics nationwide—eliminating the burden of in-house medication storage and fulfillment.
“Veterinary clinics are busier than ever, and many pet owners are facing long wait times for appointments,” said Gavin Cotter, CEO and founder of Koala. “At Koala, we make it easy to stay on top of pet medications by working directly with both pet parents and their veterinarians—saving time and providing greater peace of mind when it comes to a pet’s health.”
By bridging the gap between veterinarians and pet parents with cutting-edge technology, Koala Health is setting a new standard in pet medication delivery—enhancing the overall quality of care for pets everywhere.
For more information, visit www.koala.health.
About Koala Health
Koala Health is the leading digital pet pharmacy, providing seamless access to chronic pet medications through a modern, mobile-first experience. Designed to serve both pet parents and veterinarians, Koala offers a best-in-class pharmacy solution available everywhere pet care happens—whether through its online storefront, Koala.health, reaching over 80 million pet owners, or its fully integrated vet platform, available to more than 25,000 independent veterinary clinics. With one-click prescription capabilities, Koala simplifies medication management for vets and ensures pets receive the care they need without delays or hassle
About Valspring Capital
Established in 2022, Valspring is a Boston-based growth equity firm founded by the former healthcare investment team of Bain Capital Ventures. With deep sector expertise and a proven track record, we invest in growth-stage companies in the healthcare industry, focusing on the information technology, technology-enabled services and services sectors. Valspring is purpose-built to support scaling the best teams and solutions to achieve outsized impact and accelerate commercial adoption. For more information, please visit www.valspring.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250507163917/en/
Koala will accelerate its mission to modernize pet care through further developing its mobile-first digital experience and enhancing service offerings for both pet parents and veterinarians.