Wagmo, a NYC-based pet wellness company covering everyday care for dogs and cats, closed a $3m seed funding round.
The round was co-led by Harlem Capital and Vestigo Ventures, with participation from Female Founders Fund, Clocktower Technology Ventures, and The Fund and several existing and angel investors, representing Flatiron Health, Clover Health and more.
The company intends to use the funds to further scale its operations, build out the team, and expand its partnership distribution model with pilot pet services and employee perk programs.
Founded by Christie Horvath and Ali Foxworth, Wagmo provides pet parents with plans that cover the day-to-day essentials, including routine and preventative expenses such as annual exams, vaccines, and grooming. The plans start at $15/month.
The company previously raised $1.2m in pre-seed funding from strategic angels, which it used to develop its wellness product, invest in and test marketing, and scale and strengthen its referral program.
FinSMEs
11/12/2019