One Of World’s Largest Pet Sitting Network, Rover Raises 5 M
Friday , November 22 2024
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One Of World’s Largest Pet Sitting Network, Rover, Raises $155 M

One of the world’s largest pet sitting network, Rover, an US-based startup, raised a massive $155 million. The round consisted of $125 million in equity financing led by funds and accounts advised by T. Rowe Price Associates, with a $30 million credit facility with Silicon Valley Bank.

The Wall Street Journal reports the value of Rover at $970 million.

The competition Wag has also become a big player in the pet sitting and walking business. Both DogVacay and Rover had a very similar model and they eventually merged in an all-stock deal making Wag their main competitor.

Earlier this year, Wag scored a $300 million from SoftBank. They seem to have taken a huge interest in the pet industry and Rover as well.

About Rover

Rover, has one of the world’s largest network of pet sitters and dog walkers. It connects dog owners with volunteers who walk, board or take care of their dogs. This kind of service is indispensable for owners who travel a lot or work long hours.

Users can just book a dog walker or sitter via their app. They have captured the market where Wag has been found lagging in the recent past. A bloomberg report shows Wag’s poor service and losing dogs. However, Rover has managed to provide a better service without any hitches.

In fact, Rover  highlights safety first policy on their website and says it has over 200,000 sitters throughout North America.

Read Also : Rover Raises ₹ 418 Crore For Pet Sitting And Dog-Walking Service

Here are some Rover Services that you can choose from:

Dog Boarding
Care for a dog (or cat!) overnight in your home. Sitters who offer dog boarding often earn more than double sitters who did not offer boarding.

Dog Walking
Pick up dog walks that fit your schedule

Doggy Daycare
Ideal for work-from-home dog lovers

House-sitting, Drop-ins
Stay with or check up on pets in their natural habitat

You can avail these services from the website – https://www.rover.com/

Or download the Rover App from here – Android  & ios

Reference: Techcrunch

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