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Total amount raised
$69.7 Million
Latest funding date
2026-06-18
Location
Vetic has raised funds over five rounds, with the latest being a $40 million Series D round announced in June 2026 and led by Bessemer Venture Partners. The company is backed by investors including Acorn Capital, Bessemer Venture Partners, Greenoaks Capital, Lachy Groom, and JSW Ventures.
What Is Vetic?
Vetic is a network of clinics focused on comprehensive pet health care. The company operates in the Health Care, Pet, and Veterinary industries and is located in Gurgaon, Haryana, India. Vetic's network includes more than 250 veterinarians.
Founded to provide human-grade healthcare for pets, Vetic offers a range of services including grooming, medical care, diagnostics, surgery, and emergency care. The company operates multiple clinics across major cities in India and emphasizes convenience through its mobile app, which allows for appointment booking, health record management, and product delivery.
How Much Funding Has Vetic Raised?
- Seed Round
- Amount Raised: $3,700,000
- Date: November 2022
- Lead Investors: Lachy Groom
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: The funds were used to enhance technology, establish advanced medical infrastructure, and expand Vetic's clinic network across Delhi NCR and Bangalore.
- Series A
- Amount Raised: Undisclosed
- Date: October 2023
- Lead Investors: Undisclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Proceeds were directed toward expanding Vetic's clinic network and scaling its technology platform.
- Series B
- Amount Raised: Undisclosed
- Date: May 2024
- Lead Investors: Undisclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Proceeds were directed toward further clinic expansion and operational scaling across India.
- Series C Round
- Amount Raised: $26,000,000 (INR 224 crore)
- Date: May 2025
- Lead Investors: Bessemer Venture Partners
- Valuation at Round: Approximately $113 million (INR ~960 crore) post-money
- Motivation Behind the Round: Funding aimed at further expanding Vetic's network of clinics and enhancing comprehensive pet health care services across India.
- Series D Round
- Amount Raised: $40,000,000
- Date: June 18, 2026
- Lead Investors: Bessemer Venture Partners, with participation from Greenoaks Capital, Lachy Groom, and JSW Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Funding supports the continued build-out of Vetic's pet healthcare clinic network and its veterinary team of more than 250 veterinarians across India.
Total Amount Raised: At least $69,700,000 based on disclosed funding rounds (Seed: $3.7M + Series C: $26M + Series D: $40M); Series A and Series B amounts are undisclosed. As of September 2026, the company's latest disclosed round is its June 2026 Series D. Current Valuation: Not publicly disclosed for the Series D round; the May 2025 Series C was priced at approximately $113 million post-money.
Key Investors
- Bessemer Venture Partners
- Details: Bessemer Venture Partners is a venture capital firm with a long history of investing in innovative companies. They have a global presence and a diverse portfolio across various industries. Lead investor in Vetic's Series C round (contributing INR 152 crore) and lead investor in the $40 million Series D round in June 2026.
- Investment Focus Areas: Technology, healthcare, financial services, consumer products, enterprise software.
- Notable Investments: LinkedIn, Shopify, Pinterest.
- Greenoaks Capital
- Details: Greenoaks Capital is a global investment firm that participated in Vetic's $40 million Series D round in June 2026.
- Investment Focus Areas: Technology and consumer growth-stage companies.
- Notable Investments: Not publicly disclosed.
- Lachy Groom
- Details: Lachy Groom is an individual investor known for his early-stage investments in technology startups. He led Vetic's seed round, participated in the Series C round through his fund LGF3 (contributing INR 42.7 crore), and joined the June 2026 Series D round.
- Investment Focus Areas: Technology, healthcare, fintech.
- Notable Investments: Not publicly disclosed.
- Acorn Capital
- Details: Acorn Capital (also referenced as Acorn Heavy Industries) was the largest external stakeholder in Vetic prior to the Series C round and continued participation in the Series C.
- Investment Focus Areas: Early-stage and growth-stage startups.
- Notable Investments: Not publicly disclosed.
- JSW Ventures
- Details: JSW Ventures is the venture capital arm of the JSW Group, one of India's leading conglomerates. JSW Ventures participated in Vetic's Series C round and in the June 2026 Series D round.
- Investment Focus Areas: Technology, consumer, healthcare, and enterprise startups in India.
- Notable Investments: Multiple Indian technology and consumer startups.
- Utsav Somani
- Details: Utsav Somani is a partner at AngelList India, where he focuses on early-stage investments. He participated in Vetic's seed round.
- Investment Focus Areas: Early-stage startups, technology, innovation.
- Notable Investments: Multiple early-stage tech startups through AngelList India.
What's Next for Vetic?
Vetic closed a $40 million Series D round on June 18, 2026, led by Bessemer Venture Partners with participation from Greenoaks Capital, Lachy Groom, and JSW Ventures. The capital is directed at growing the company's clinic network and its veterinary team, which already numbers more than 250 veterinarians across India.
The Series D is Vetic's second round led by Bessemer Venture Partners in roughly 13 months, following the $26 million Series C in May 2025 that valued the company at approximately $113 million post-money. Vetic remains privately held, and no valuation was disclosed alongside the June 2026 round.
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