Petsy secures over one million euros

Marc Nemitz Marc Nemitz | 10.09.2024

Petsy wants to conquer the growing market for pet care in Europe and is further expanding its platform and services.

Poland, 10 September 2024 - Polish startup Petsy, which specializes in providing pet sitting services, has raised more than one million euros from business angels in its first financing round. The investors include over 30 business angels, including Piotr Wawrysiuk, founder of PsiBufet, as well as a group of private investors from Cobin Angels. Petsy intends to use the new capital to further develop its platform, strengthen its market position in Poland and expand into the Czech market.

Platform for pet care is growing rapidly

Since its foundation two years ago, Petsy has gained over 90,000 registered users. In July 2024, the platform was used more than 2,000 times. Petsy allows pet owners to place their pets with verified pet sitters who go through a rigorous screening process. Every sitter on the platform goes through a three-stage vetting process, including an interview with an animal behavior therapist. This is to ensure that pet owners are placing their pets in trustworthy hands.

Our platform is growing rapidly and we want to continue to improve the offering for pet owners. With the support of our investors, we can continue our expansion in Europe

Michał Wojewoda, CEO and co-founder of Petsy.

Expansion into the DACH region planned

Following the successful launch in Poland and entry into the Czech market, Petsy is now planning its next expansion step into the DACH region (Germany, Austria and Switzerland). In order to realize this plan, the company is already working on a further financing round, which is to be completed this year. The aim is to further develop the platform and expand the data science team in order to better analyze and optimize the use of pet sitting services.

The DACH region accounts for around a quarter of the EU market for pet sitting and is therefore a strategically important market for us.

Michał Wojewoda, CEO and co-founder of Petsy.

Pet care as a growing market

The market for pet care is growing strongly worldwide. According to a study by Global Market Insights, the market value in 2023 was over 2.5 billion US dollars and will continue to grow in the coming years. For Europe, Petsy expects demand to increase fivefold over the next three years.

"The potential of this market is enormous and we believe that Petsy is ideally positioned to capitalize on it," says Adam Radzki, one of the supporting business angels. Petsy plans to take a leading role in the European pet care market with its creative approach and ambitious expansion strategy.


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