Vets First Choice Closes $4M Financing
Vets First Choice, a Portland, Maine-based online veterinary partner-pharmacy and marketing service provider, has closed a $4m financing.
The round was led by new investor Polaris Venture Partners, with participation from existing investors Borealis Ventures, Harbor Light Capital, David Shaw and Black Point Group.
The company intends to use the funding to expand in the veterinary services and home delivery space, a market estimated to exceed $5 billion in the United States.
Led by CEO Benjamin Shaw, Vets First Choice is a national home delivery provider of FDA- and EPA-approved pharmaceuticals, therapeutic diets and compounded medications to pet owners on behalf of veterinary clinics. Earlier this year the company acquired VetCentric.com, creating a market leading provider licensed in 50 states and serving more than 6,000 veterinary practices.