
Redalpine leads series-A for Felmo
Redalpine has led a series-A funding round for Germany-headquartered pet healthcare startup Felmo.
Existing investors HV Capital and 468 Capital also participated in the round.
According to a statement, Felmo intends to expand to new regions and to increase its team size following the round. The company also plans to extend its product offering.
Redalpine invested in the company via Redalpine Capital IV, which held a final close in March 2019 on €100m. The vehicle generally makes investments of €300,000-3m and can commit a maximum of €10m per company, focusing on early-stage businesses in areas including fintech and healthtech.
Previous funding
HV Capital and 468 Capital backed a seed round for Felmo in July 2020.
Company
Founded in 2019, Felmo's platform allows pet owners to book at-home vet visits and to monitor their pet's health and medical records. Its website and app allow users to find and book vets and vet appointments, and users can also speak with vets online. Felmo is headquartered in Berlin and employs 24 staff, according to LinkedIn.
People
Felmo – Philip Trockels, Lars Giere (co-founders).
Redalpine – Aleksandra Laska (partner).
HV Capital – Robert Maier (partner).
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