Modern Animal has raised $46 million in new funding as it accelerates plans to expand its technology-enabled veterinary care model and build out its ecommerce capabilities.

The Los Angeles-based company said Sept. 16 that Addition, True Ventures, and Upfront Ventures led the round, with participation from Founders Fund. The funding comes as Modern Animal reports an annual revenue run around $100 million. That follows 85% year-over-year growth in 2024, the company said.

Modern Animal operates 27 clinics across California, Texas, and Colorado. It said it serves more than 100,000 pets.

How Modern Animal will use its new funding

The company said the new capital will support investments in its proprietary technology infrastructure. That includes an integrated pharmacy and ecommerce platform, expanded urgent care hours and new specialty services.

“This is an important moment for Modern Animal,” founder and CEO Steven Eidelman said in a statement. “We’re growing our care offerings and investing in the technology that puts us in a unique position to better serve pets and their parents, empower our veterinary teams, and build long-term value in a fast-changing industry.”

Modern Animal has developed its own technology architecture. It said it automates administrative tasks, supports clinical decision-making and links its 24/7 virtual care services with in-clinic visits. The company said it is deepening its use of AI tools to improve workflows and operational efficiency as it scales its membership-based model.

Mark Suster, managing partner at Upfront Ventures, said Modern Animal has emerged as a rare consumer-facing brand in the veterinary sector, combining digital convenience with clinical care.

“In a world where all investors can think about is AI all the time, it’s refreshing to back a company that, while leveraging technology, is completely dedicated to something we universally love — animals,” Suster said.

As part of the funding, Modern Animal added Suster to its board along with Karen Boone, Tony Conrad, and Robbie Horwitz. The company said it plans to strengthen its footprint in existing markets. Meanwhile, it also plans on expanding its hybrid in-clinic and digital platform to drive growth and profitability.

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