£1million investment for Vet AI start-up
A Leeds start-up has secured £1m in investment for its artificial intelligence approach to veterinary care.
Vet-AI was founded by tech expert Paul Hallett and vet Robert Dawson. They are planning to develop a series of tools to help pet owners access healthcare more “affordably and conveniently.”
Those investing in the firm include law firm, Lupton Fawcett and design agency, Elmwood, They’ve both taken a minority stake, with Elmwood’s Jonathan Sands taking up the role of chairman:
“This is a hugely exciting venture and one that I believe will transform the future of the veterinary industry. I can see a huge upside, both in improving the work life balance for vets themselves, whilst at the same time making pet care more expedient, more convenient and better value for every family with a pet. It is a very exciting proposition and I am delighted to be involved,” he stated.
“We get asked on a regular basis to support start-ups of all shapes and sizes and so we have to be quite selective. However, Vet AI was an easy decision, as the business model is so compelling, and even before launch the project is attracting so much excitement and interest from all corners of the industry.”
Founder, Dawson has also put £500k into the business.
“I’m passionate about improving the care of pets and all animals around the world. I have been hugely fortunate to have had the opportunity to treat thousands of wonderful animals and to meet their parents during 25 years as a vet and this investment is an opportunity to build a business which will enable the same for millions of pets across the globe,” explained Dawson.
The company’s flagship app, Joii, will officially launch in May. This will help pet owners diagnose and receive recommended treatment for their pets.