News Brief: Gresham, Ore.-based Vetsource has raised a $50 million investment from Bain Capital. Founded in 2005, the company provides technology services to veterinarians, from home delivery of prescriptions to other online tools. Another tech-focused pet care startup, Seattle-based Rover, raised $155 million last month.
“Vetsource has made a tremendous impact on veterinary practices and pet care, and we are excited to support the team in expanding the reach of its core business and complementary SaaS capabilities,” Yumin Choi, managing director at Bain Capital Ventures, said in a statement. “With its innovative business model, unique partnerships across the industry, and strong management team, we believe Vetsource will continue to cement its market leadership and drive massive positive change in the veterinary industry.”