PetScreening.com Closes Series Seed Round of Venture Capital Financing

Posted by David on Jun 13, 2019 2:07:06 PM
David

PetScreening.com, a first-of-its-kind screening platform that empowers property managers to outsource their pet risk assessment and assistance animal validation processes at no charge, announced it has closed a Series Seed round of venture capital financing. Fenwick & West represented PetScreening.com in the transaction. Grotech Ventures led the Series Seed round with Camber Creek and Relevance Capital as additional participating partners.

The invested capital will enable Petscreening.com to increase the sales and marketing resources it allocates to the apartment industry, and also will position the company to pursue additional software integrations beyond its current integrations with Yardi Voyager and RealPage's OneSite.

"We are extremely honored and grateful for the confidence and support of these strategic, top-tier venture capital investment firms," said John R. Bradford, III, founder of PetScreening.com. "We believe our solution offers the most efficient and effective way to manage reasonable accommodation requests for assistance animals and reduce pet-related liability risks. This Series Seed round will better position us to bring our technology and vast database of behavioral information on tens of thousands of pets and their owners to more apartment operators and the rental housing industry while creating a more seamless experience and valuable tool for pet and animal owners."

PetScreening.com serves as the apartment and rental housing industry’s only end-to-end pet screening solution. The platform adds an extra layer of liability protection for apartment owners and property managers, helps validate reasonable accommodation requests for assistance animals and provides a proprietary FIDO Score™ for household pets. It also ensures residents are held accountable for unauthorized pets, among additional features. The FIDO Score comprehensively assesses the housing-related risk of allowing a specific pet to live at a rental property.

Over the last year, PetScreening.com has screened more than 50,000 household pets and reviewed more than 10,000 reasonable accommodation requests for assistance animals. At the same time, the company has captured critical liability data, including violent pet behavior, pet-related property damage and even incidents of owners not picking up pet waste. The data has helped property managers better manage their pet-related risks with more than 1 million rental units having registered for the service.

Topics: Press Release, Company News