Omers Ventures leads €18.5m series-B for FirstVet

Existing investor Creandum also participated in the round. This latest round of financing takes FirstVet's total funding to date to €24.5m.

The fresh capital will enable FirstVet to expand its service globally and launch in other markets, such as the US, Germany and France. In addition, it will continue to develop its product and introduce new features, such as new automation tools and integration with clinics' existing systems.

Omers principal Henry Gladwyn will assume a board position.

Previous funding
In 2018, Creandum led a €5.1m round for FirstVet, investing from its €180m Creandum Fund IV vehicle, according to the company's website.  

Company
Founded in 2016 and headquartered in Stockholm, FirstVet is a provider of video-call veterinary consultations with registered veterinarians. It also provides medicinal prescriptions and related services through mobile applications and a website.

With a presence in five markets (the UK, Norway, Denmark, Finland, and Sweden), FirstVet has 200,000 registered users. The company has $1.5m in estimated revenues annually, according to Crunchbase. There are currently 150 veterinarians on the platform.

People
FirstVet – David Prien (CEO, co-founder).
Omers Ventures – Henry Gladwyn (principal).
Creandum – Staffan Helgesson (general partner).

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• Topics
• Expansion
• Nordics
• Consumer
• Sweden
• OMERS
• Creandum
• Venture