Participated · Series B · Sep 2021

Petabyte Technology provides a patient management software platform for veterinary hospitals. Its flagship products are Rhapsody, a cloud-based Practice Information Management System (PIMS), and Boop, a mobile client companion app offering virtual check-in, on-the-go communications, a built-in payment system, and comprehensive wellness plans. The platform is backed by standardized clean data via Petabyte’s proprietary migration technology, The Matcher, which also powers Petabyte Analytics, an enterprise-level analytics platform usable with Rhapsody or as a standalone tool. Founded in 2019 and led by CEO Michael Hyman, the company is based in Bellevue, Washington and maintains additional offices in San Francisco, Cleveland, Naples, and New York. Petabyte intends to use the funds to continue to grow and extend industry partnerships. Petabyte Technology’s flagship product, rhapsody.vet, is a cloud-based enterprise practice management platform designed to help veterinary practices modernize and streamline operations. The platform includes mobile tools, standardized codes and a virtual medical exam to simplify workflows and enable easier transitions to the cloud. Petabyte emphasizes simple design and intuitive usability, supported by robust customer service teams that assist both small clinics and large groups. The company plans to use new funding to accelerate product development and expand its customer service and training capabilities. Leadership highlights include co-founder and CEO Michael Hyman and co-founder and COO Alex Krooglik; Tim Mahlman has joined the board and will act as President. Petabyte says it leverages its team’s experience with large-scale platforms and big data to bring innovations to the veterinary industry. The company has offices in Bellevue, New York, Cleveland, Naples, and San Francisco and positions itself to capture a market where fewer than 10 percent of veterinary practices currently use the cloud.