Rover.com Raises $65M in Funding

Rover.com, a Seattle, WA-based network of pet sitters and dog walkers, raised $65m in funding.

The round was led by Spark Capital with participation from new investors Bespoke Strategies and StepStone Group and existing shareholders Madrona Venture Group, Menlo Ventures, Foundry Group, OMERS Ventures and Technology Crossover Ventures. As part of this latest round, Megan Quinn, General Partner at Spark Capital, will join Rover’s Board of Directors.

The company will use the funds for international expansion, drive brand awareness and to launch new services and tools for sitters and owners.

Led by Aaron Easterly, CEO, Rover connects dog owners to a network of more than 140,000 vetted sitters throughout North America, delivering pet sitting, dog walking, in-home dog boarding, and doggy day care services.
The company recently acquired DogVacay, further establishing itself as the largest network of dog sitters and walkers in North America. Following the acquisition, Rover has been testing its platform in Canada and currently has thousands of pet sitters available in the region. Additional geographical expansion and continued market growth is planned for the coming year.

FinSMEs

13/07/2017

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