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About Koala Health
Industries
Healthcare
Consumer Goods
Company Size
11-50
Company Stage
Early VC
Total Funding
$23M
Headquarters
Cambridge, Massachusetts
Founded
2021
Overview
Koala Health simplifies pet care by offering a subscription service for medications and health products tailored for pets. Their system packages medications by date and time, ensuring pet owners can easily manage their pets' health, especially for those with chronic conditions like arthritis or urinary incontinence. By sourcing prescriptions directly from veterinarians, Koala Health removes the hassle of obtaining medications. They provide a range of vet-approved products, including pain relief and digestive health supplements, all without charging service or shipping fees. This approach makes it easier and more affordable for pet owners to access necessary health products, distinguishing Koala Health from competitors in the pet healthcare market. The company's goal is to enhance the convenience and reliability of pet health management.
Simplify's Take
What believers are saying
- Raising $23 million to expand and accelerate product development.
- Growing pet telehealth market offers integration opportunities for Koala Health.
- Increasing demand for personalized pet nutrition complements Koala Health's offerings.
What critics are saying
- Increased competition from established companies like Chewy and Petco.
- Potential supply chain disruptions due to regulatory changes in pharmaceutical imports.
- Rising raw material costs could impact pricing strategy and profit margins.
What makes Koala Health unique
- Koala Health offers a unique subscription service with no service or shipping fees.
- Medications are packaged by date and time, ensuring pet owners never miss a dose.
- Direct vet prescription sourcing eliminates hassle for pet owners.
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Funding
Total Funding
$23M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Paid Vacation
Paid Sick Leave
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↓ -2%Koala Health has filed a notice of an exempt offering of securities to raise $19,999,984.00 in New Equity Investment. Koala Health has filed a notice of an exempt offering of securities to raise $19,999,984.00 in New Equity Investment.According to filings with the U.S. Securities and Exchange Commission, Koala Health is raising $19,999,984.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Gavin Cotter played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About Koala HealthKoala has all the medications and health products your pet needs. We package them by date and time to make pet care simpler. The best part? There are no service or shipping fees you only pay for what your pet needs.To learn more about Koala Health, visit http://www.koala.health/Contact:Gavin Cotter, Chief Executive Officer866-445-6252https://www.linkedin.com/in/gavincotter/SOURCE: http://www.intelligence360.ioCopyright (c) 2022 SI360 Inc
Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Koala Health is raising $23,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Gavin Cotter played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About Koala Health
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About Koala Health
Industries
Healthcare
Consumer Goods
Company Size
11-50
Company Stage
Early VC
Total Funding
$23M
Headquarters
Cambridge, Massachusetts
Founded
2021
There are no jobs for Koala Health right now.
Find jobs on Simplify and start your career today