Polish Startup Petsy Lands Over €1.1M from Angel Investors for Pet Care

Petsy, a prominent pet sitting and pet care startup, has successfully raised over €1.1 million in a funding round led by 30 business angels, including notable figures such as Piotr Wawrysiuk, founder of PsiBufet, and a group of private investors from Cobin Angels. This investment highlights the increasing demand for dependable pet care solutions, driven by the rise in pet ownership across Poland, where approximately eight million dogs and seven million cats are now part of households.

Founded to address the challenges of ensuring pets' well-being while their owners are away, Petsy has developed a platform that connects pet owners with professional and thoroughly vetted pet sitters. The company's commitment to high standards is reflected in its rigorous three-step verification process for sitters. Each pet sitter undergoes an interview with an animal behaviorist and is subjected to comprehensive background checks to ensure that pets are in the best hands possible.

In addition to its rigorous vetting process, Petsy offers a unique Petsy Care package with every service booked through its platform. This package includes liability insurance, access to veterinary assistance, and support from a behaviorist, providing a comprehensive safety net for pets and peace of mind for their owners.

Petsy’s platform has seen rapid growth, currently operating in forty cities across Poland and four cities in the Czech Republic. The company boasts over 90,000 registered users and saw its services utilized nearly 2,500 times in July alone. The company's growth trajectory has been impressive, with the number of completed services increasing by over 200 percent in the past year, solidifying its position as the leading pet sitting service in Poland.

The recent funding will enable Petsy to further enhance its operations in Poland and expand its platform's capabilities. The company plans to use the funds to support its expansion into the Czech market and prepare for future growth into the DACH (Germany, Austria, and Switzerland) region. Petsy is also gearing up for its next funding round, which aims to bolster its data science capabilities and further strengthen its position in the European pet care market.

Adam Radzki, one of the business angels involved in the funding round, commented, “Petsy operates in one of the fastest-growing markets, and early recognition of its potential has enabled the company to establish itself as the leader in pet sitting in Poland. With its innovative approach and development strategy, coupled with the ambition and drive of its team, Petsy is well-positioned to compete effectively in the European pet care market.”

Michał Wojewoda, CEO and co-founder of Petsy, expressed his excitement about the recent funding and the company’s ambitious plans. “The capital we’ve raised is a significant milestone for us, and it will play a crucial role in scaling our operations and expanding our services into new markets,” Wojewoda said. “With this funding, we are well-positioned to accelerate our growth trajectory and enhance our platform, ensuring that we continue to deliver exceptional pet care solutions tailored to the needs of pet owners across Europe.”

He further elaborated on the strategic importance of this investment: “Our immediate focus will be on expanding our presence in Poland and the Czech Republic while preparing for our next phase of growth, which includes entering the DACH region. This expansion will allow us to connect even more pet owners with our verified pet sitters, ensuring their pets receive the highest level of care and attention.”

Wojewoda also highlighted the broader vision for Petsy: “We are committed to continuously improving our services and adapting to the evolving needs of pet owners. Our goal is to set new standards in pet care, combining innovative solutions with a deep understanding of what pet owners and their furry companions need. This funding will enable us to invest in new technologies, enhance our platform's capabilities, and ultimately provide a seamless, reliable pet sitting experience that stands out in the European market.” In summary, Wojewoda emphasized that the recent funding is not just about immediate expansion but about laying a strong foundation for long-term success and leadership in the pet care industry.