Veterinary tech start-up secures £1M for new diagnosis app
A Leeds-based veterinary research and development start-up has secured £1m in funding.
Founded in early 2017 by technology specialist Paul Hallett and experienced veterinarian Robert Dawson, Vet-AI’s Joii app enables pet owners to diagnose and receive recommended treatment, and is set to launch in April of this year.
The company has received investment from several key stakeholders to further the growth and development of new technologies.
Co-founder Robert Dawson, who has invested £500,000 into the company, said: “I’m passionate about improving the care of pets and all animals around the world. I have been hugely fortunate to have had the opportunity to treat thousands of wonderful animals and to meet their parents during 25 years as a vet and this investment is an opportunity to build a business which will enable the same for millions of pets across the globe.”
Law firm Lupton Fawcett and brand design consultancy Elmwood have also invested in return for a minority stake, with Jonathan Sands OBE, chairman of Elmwood and now Vet-AI, commenting: “This is a hugely exciting venture and one that I believe will transform the future of the veterinary industry. I can see a huge upside, both in improving the work-life balance for vets themselves, whilst at the same time making pet care more expedient, more convenient and better value for every family with a pet. It is a very exciting proposition and I am delighted to be involved.
“We get asked on a regular basis to support start-ups of all shapes and sizes and so we have to be quite selective. However, Vet AI was an easy decision, as the business model is so compelling, and even before launch the project is attracting so much excitement and interest from all corners of the industry.”