Modern Animal

Modern Animal

Pet care with telemedicine and clinics

About Modern Animal

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

Industries

Consumer Software

Healthcare

Company Size

201-500

Company Stage

Series C

Total Funding

$164M

Headquarters

Culver City, California

Founded

2019

Overview

Modern Animal provides a combination of in-person and telemedicine services for pet healthcare. Pet owners can access 24/7 telemedicine, allowing them to schedule appointments and have video consultations with veterinary technicians for immediate advice, especially in urgent situations. In addition to virtual care, Modern Animal has physical clinics where pets can receive in-person treatment from qualified staff. The company stands out from competitors by offering reasonable pricing and a membership model that grants customers access to both telemedicine and in-clinic services, ensuring continuous veterinary care for their pets. The goal of Modern Animal is to make pet healthcare more convenient and affordable for pet owners.

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Simplify's Take

What believers are saying

  • Pet telemedicine is gaining traction as a cost-effective solution for pet owners.
  • Subscription-based models in pet care are becoming more popular and accepted.
  • Modern Animal's expansion plans include new clinics in Houston Heights and Lakewood.

What critics are saying

  • Increased competition from digital-first veterinary startups could impact market share.
  • Rapid expansion may strain resources and affect service quality in new markets.
  • Reliance on a membership model could be risky if perceived value decreases.

What makes Modern Animal unique

  • Modern Animal offers a unique blend of in-person and telemedicine services.
  • The company uses a membership model for steady recurring revenue and customer access.
  • Modern Animal's app provides 24/7 virtual care and in-app prescription requests.

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Funding

Total Funding

$164M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$75M
Modern Animal
$100M
Oura

Benefits

Medical, vision, and dental coverage

401k with a company match

Flexible time off

Paid parental leave

Free membership and discounts

Access to behavioral and mental health services

WFH stipends

Growth & Insights and Company News

Headcount

6 month growth

โ†“ -1%

1 year growth

โ†“ -1%

2 year growth

โ†‘ 2%
The Leader News
Nov 11th, 2024
Modern Animal set to bring 24/7 vet services, membership perks to Houston Heights in 2025

Modern Animal, a membership-based veterinary practice, is set to open a new clinic in Houston Heights in 2025.

PR Newswire
Mar 22nd, 2024
Modern Animal Announces Partnership With Dog Ppl, Redefining Pet Wellness Through Education And Community Engagement

LOS ANGELES, March 22, 2024 /PRNewswire/ -- Modern Animal, a pioneering force in redefining veterinary care, is proud to announce its strategic partnership with DOG PPL, LA's first canine social club. This collaboration aims to revolutionize the landscape of pet wellness and community engagement to inspire, educate and support pet parents in their quest to provide healthy and enriching experiences for their pets.Modern Animal and DOG PPL are teaming up to inspire, educate and support pet parents in their quest to provide healthy and enriching experiences for their pets.With a shared commitment to animal wellness and enrichment, Modern Animal and DOG PPL are dedicated to setting new standards in how we care for our pets. Both entities embody a philosophy centered on excellence, evident in their meticulously designed facilities, rigorous health and safety standards and customer-centric experiences."We are thrilled to embark on this journey with DOG PPL as we share a common vision of elevating pet wellness and fostering a supportive community of pet owners," said Steven Eidelman, CEO and Co-founder of Modern Animal. "Together, we will leverage our expertise and resources to educate, and empower pet parents in Southern California and beyond."Through this transformative alliance, members of Modern Animal and DOG PPL will enjoy a myriad of shared benefits. Leveraging their respective membership offerings, both will provide exclusive events and perks for each other's communities. Additionally, the partnership will result in co-branded content, harnessing Modern Animal's medical expertise to educate audiences on preventive care, dog park safety and the profound impact of play on a dog's quality of life through collaborative social media posts."DOG PPL believes wholeheartedly that our dogs deserve only the best and that's exactly why we couldn't be more excited to announce our partnership with Modern Animal," said DOG PPL Co-founders Alex Esguerra and Liam Underwood

Yahoo Finance
Mar 11th, 2024
Modern Animal Expands In Los Angeles, Opens Tenth State-Of-The-Art Veterinary Clinic To Elevate The Pet Care Experience

LOS ANGELES, March 11, 2024 /PRNewswire/ -- Modern Animal, a pioneering veterinary medicine company dedicated to redefining pet care, is thrilled to announce the grand opening of its tenth state-of-the-art clinic in Los Angeles located on La Brea Avenue. With a mission to revolutionize the veterinary experience for both pets and their owners, Modern Animal's latest clinic offers high-quality primary and urgent care to dogs and cats while providing pet owners with unparalleled service and convenience.The exterior of Modern Animal's newest clinic in Los Angeles located at 359 S. La Brea AvenueThe Company's second West Hollywood neighborhood location is conveniently situated on La Brea Avenue, and boasts a modern, inviting and transparent atmosphere designed to create a stress-free environment for pets and their owners. Equipped with the latest technology and staffed by a team of highly skilled veterinarians and support staff led by Dr. Daniel Chang, DVM, Modern Animal's newest clinic provides a wide range of services, including wellness exams, 24/7 virtual care, vaccinations, dental care, surgery and more."At Modern Animal, we are committed to providing pets with the highest quality of care while also offering a seamless and enjoyable experience for their owners," said Steven Eidelman, CEO and co-founder of Modern Animal. "Our new clinic on La Brea represents a significant milestone in our journey to redefine pet care across the region

Community Impact
Jan 11th, 2024
Modern Animal expands with second Austin clinic

Modern Animal officials opened their second Austin location on Burnet Road in December.

PR Newswire
Aug 24th, 2023
Modern Animal Accelerates Plans For National Expansion; Appoints Chief Medical Officer And Chief Product Officer

LOS ANGELES, Aug. 24, 2023 /PRNewswire/ -- Modern Animal today announced plans to further expand its network of veterinary clinics next year into Arizona, Colorado, and Georgia. To support this anticipated growth, the company also announced two key additions to its executive team, appointing Dr. Christie Long to Chief Medical Officer and Pei-Chin Wang to Chief Product Officer.Steven Eidelman, Founder and CEO, said "our ultimate goal is to affect positive change in the veterinary industry and profession at scale. As we take this step forward, I am confident that Dr. Long and Pei-Chin will provide us with the leadership we need to make a meaningful impact on the lives of pet owners, practitioners, and pets in these four new markets and beyond."Dr

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