Small Door Veterinary Raises $55 Million to Scale Proven Membership-Based Model
Small Door Veterinary, the membership-based veterinary care company redesigning the pet health experience, today announced it has raised $55 million in new capital to support its next phase of growth. The raise includes a $35 million equity financing led by Valspring Capital, with participation from existing investors, Primary Venture Partners, C&S Family Capital, Lerer Hippeau, and Toba Capital, as well as a new $20 million debt facility from Bridge Bank, a division of Western Alliance Bank.
Small Door Veterinary Expands NYC Footprint With Park Slope Location
Small Door Inc., a tech-enabled, membership-first veterinary care provider operating under the brand Small Door Veterinary, today announced the opening of its sixth New York City location with a state-of-the-art practice at 435 9th Street in the Park Slope neighborhood of Brooklyn. This marks Small Door’s second Brooklyn location, joining its Williamsburg practice as part of its continued expansion.
Small Door Veterinary Appoints First Chief Operating Officer, Kristen Lombardi, to Drive Expansion Amid Record Growth and Profitability
Small Door Veterinary, the pioneering membership-based veterinary care provider, is pleased to announce the appointment of Kristen Lombardi as its first-ever Chief Operating Officer (COO). This milestone comes after co-founder Florent Peyre transitioned from President to Chief Executive Officer (CEO) and co-founder Josh Guttman moved to Chairman, marking a period of renewed focus on profitability, operational excellence, and best-in-class performance. Following a record year of growth, with all Small Door locations in New York City, Boston and the Washington DC area now fully profitable, the company is poised to resume unit expansion at scale.
