GoodVets

GoodVets

Veterinary care platform with clinic expansion

About GoodVets

Simplify's Rating
Why GoodVets is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Healthcare

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

2017

Overview

GoodVets provides veterinary care through a network of modern clinics operated by entrepreneurial veterinarians. The company partners with these veterinarians, allowing them to own and manage their own facilities while receiving support and resources from GoodVets. This includes mentorship, career development, and competitive compensation, enabling veterinarians to focus on providing high-quality medical care for pets. GoodVets differentiates itself by empowering veterinarians as local hospital owners, fostering a collaborative environment that enhances the overall animal care experience. The company's goal is to expand its presence, currently operating over 40 clinics in the US, with plans to grow to more than 55 locations by the end of 2024.

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Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Telemedicine integration can enhance convenience for GoodVets' pet owners.
  • AI diagnostics can improve accuracy and speed in identifying pet health issues.
  • Increasing demand for specialized services offers expansion opportunities for GoodVets.

What critics are saying

  • Rising costs of veterinary pharmaceuticals could impact GoodVets' profitability.
  • Shortage of qualified veterinary professionals may lead to staffing challenges.
  • Increased competition from telemedicine platforms may attract cost-conscious pet owners.

What makes GoodVets unique

  • GoodVets empowers veterinarians as local hospital owners with significant company support.
  • The company offers robust mentorship and career development for veterinary professionals.
  • GoodVets operates state-of-the-art facilities in rapidly expanding US markets.

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Growth & Insights and Company News

Headcount

6 month growth

↑ 15%

1 year growth

↑ 7%

2 year growth

↑ 15%
Bizjournals
Feb 15th, 2023
News in Brief: Huey Magoo's opens in Miramar; Tequesta Financial Center sells

GoodVets, a national veterinarian partner-led animal hospital platform, expanded to Palm Beach County with the opening of a location owned by Dr. Victoria Tomasino at 9884 S. Jog Road, Suite D6, in Boynton Beach.

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