Felmo builds a vertically integrated animal health brand delivering end-to-end care through employed veterinarians, combining home visits with stationäre Hubs for diagnostics and surgeries. The company started with house-call services—popular with cat owners—and has expanded to hubs that capture higher-value treatments and add downstream revenue through in-house food and snack brands. Felmo deliberately rejects a marketplace model, preferring employed vets to maintain quality and consistency across care. Management highlights quality assurance as central, given low error tolerance in pet healthcare and regulatory limits on price advertising in Germany. The team has about 230 employees (around 130–140 vets) and operates in roughly 25 regions, covering some 30–35% of households within its active SIP codes. Current capital plans emphasize debt to fund hub expansion while prioritizing utilization, treatment values and operational KPIs.

Total raised

$18M

Funding rounds

3

Latest round

Series B

Latest activity

Aug 2021