BabelBark Secures $2.8 Million Series A Financing - Insurance News | InsuranceNewsNet

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February 20, 2018 Newswires
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BabelBark Secures $2.8 Million Series A Financing

PR Newswire

NEWTON, Mass., Feb. 20, 2018 /PRNewswire/ -- BabelBark, a pet related software developer, today announced the completion of $2.8 million in Series A funding. BabelBark will use the additional funding to continue to expand its reach and services globally, invest in additional marketing resources and recruit top talent.

BabelBark Connecting the Love

"We are delighted to secure this strong financial support from some very highly regarded investment groups," said Bill Rebozo, founder, product and market strategist for BabelBark. "We are currently estimating this fund expansion will help us reach more than 250,000 pets on the platform in the next six months and allow BabelBark to become the most connective and comprehensive platform across a pet care community in North America in a year."

With this infusion of capital, BabelBark will also further accelerate its expansion and growth in other countries. The company recently announced significant expansion of its revolutionary mobile app and software platform into English-speaking countries and territories including Australia, Ireland, New Zealand, and the U.K. in December 2017. This expansion outside of the U.S. and Canada will bring the emerging BabelBark platform worldwide to help dogs live happy, healthy lives.

BabelBark Chosen as Top 20 Up and Coming Company at VMX Conference
On the heels of the Series A completion, BabelBark was chosen as one of the top 20 up and coming companies in the veterinary space by VMX (formerly the NAVC Conference). BabelBark was featured in the VMX Startup Circle inside the VMX Innovation and Technology Center from Feb. 4 to 7. This is a dedicated area inside the VMX Expo Hall where the hottest and most innovative veterinary inventions were showcased. At the conference, BabelBark rolled out its latest BabelVet software with new veterinary focused capabilities along with the BabelBark pet parent mobile app version 2.0.

During the VMX 2018 Innovation Symposium, Kerri Marshall, D.V.M., M.B.A., chief veterinary officer for BabelBark, Inc. presented a session titled: The Digital Mobile Practice: A New Way of Connecting with Clients. Attendees got first-hand insight into how BabelBark is helping veterinary clinics use digital mobile assets.

Dr. Marshall was also honored for the Trupanion Express with VIC Innovation Award which recognizes individuals who have dedicated themselves to the betterment of the animal health industry through innovations that make a difference in the lives of animals everywhere. Dr. Marshall was lauded for pioneering the creation of Trupanion Express, the revolutionary solution that has changed the way pet owners are able to approach the costs of veterinary care by allowing Trupanion to pay hospitals directly at the time of invoice.

Redefining Pet Care Connections
Launched in 2016, BabelBark now connects 65,000 plus pets with over 450 pet care businesses (i.e. veterinary practices, trainers, shelters, groomers, walkers, pet sitters, boarding kennels, and more within the pet care community) through a digital platform with a mobile application. It offers seamless activity monitoring, connection to primary care and emergency veterinary services, medical records and medication reminders, regional/local pet service providers and tailor-matched products to prescriptively and proactively help pet parents monitor and manage their pet's unique needs.

BabelBark is a fully collaborative platform and an ingenious suite of products including:

  • BabelBark, a mobile app helping pet parents manage their pet's records, medications, diet, activity and more. And, adding an optional health monitor will only enhance the pet owner's ability to improve their pet's health. The app is now available for download in the App Store and Google Play for free.
  • BizBark, a customer relationship management (CRM) platform that helps independent pet businesses such as groomers, shelters, trainers, walkers, boarders, and other pet care businesses manage and market their products and services and keep top of mind with their customers. Pet businesses can enroll by going to Bizbark.com.
  • BabelVet, a powerful platform which fully integrates with a veterinarian's practice management software allowing the ability to share a pet's full profile and health care stats. Everything from exercise levels to diet data to medicine dosage to vaccination records, all in one easy-to-access place. It finally allows veterinarians to connect directly with their patient's health data to deliver a more complete level of care. Enrolling as a clinic is easy at BabelVet.com.

"With the pet world becoming increasingly crowded with apps, BabelBark stands out as the only platform that connects with full synergy between the veterinarian, the pet service providers and the pet parent — thus creating a dynamic and deeper connection," said Roy Stein, founder and CEO of BabelBark. "No other solution on the market incorporates this level of connectivity and care."

About BabelBark

BabelBark is dedicated to bringing families an easy way to connect the many facets of their dog's life through mobile applications that monitor their dog's activity and care, and connects with their favorite veterinarian, shelter, trainer, groomer, dog walker, pet sitter, and more via BabelVet and BizBark. It helps pet parents better understand their dog and provides them the happiest and healthiest life possible, while helping pet businesses and veterinarians maintain a closer relationship with their customers and clients to enhance the love connection to the pet. For more information visit BabelBark, BizBark and BabelVet or email at info@babelbark.com.

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/babelbark-secures-28-million-series-a-financing-300600262.html

SOURCE BabelBark

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