MedicAnimal.com, a London, UK-based online pet health retailer, has completed a £10m Series C funding round.
The round was led by Balderton Capital, with participation from Iris Capital, and existing angel investors from Europe, the U.S. and Asia.
The company intends to use the funding to hire new people, strengthen its UK position in online pet retailing and further expand into continental European markets.
In conjunction with the funding, Mark Evans of Balderton Capital will join the company’s board.
Launched in October 2007 by CEO Ivan Retzignac and COO Andrew Bucher, MedicAnimal.com offers pet supplies, including food, supplements, medicines and accessories with a particular focus on veterinary diets, prescription and non-prescription medicines. It is registered both as a veterinary dispensary as well as a pharmacy in the UK and offers clients free advice from its in-house team of veterinarians and pharmacists via live chat, email or phone.
The site also publishes news and advice related to general animal care and health issues.
FinSMEs
10/05/2012