Cairo-based pet care startup, VetCode announced that it has been able to raise seed funding from Pmaestro, a Cairo-based technology company that helps startups with consultancy services in different areas and also invests in them.
The investment comes at a pre-money valuation of $450,000, which many publications have confused as the amount of money VetCode has raised and have reported the story with incorrect details. Pmaestro’s investment is a mix of cash and in-kind services, said Mohammed Mounir Al-Ahwal, Managing Director at Pmaestro.
Founded earlier this year by Ahmed AlBadawy and Ahmed Maher, VetCode through its mobile apps, enables users to request veterinary care, social care and training services for their pets. The users can requests veterinarians for home visits or find the nearest veterinary clinic. The app also has a marketplace that allows users to buy, sell or adopt pets.
“We are activating our fourth new service (veterinary home care services) in addition to expanding geographically the 3 main services (pets training care – grooming care – social care) in Egypt. Also we are expanding our veterinary care services to cover exotic animal health and marine life health,” said Ahmed AlBadawy, Founder & CEO at VetCode.
Currently, the services from VetCode are available in 12 cities in Egypt with over 200 veterinary clinics and more than 30,000 users on their network. And, the company plans to utilize the fresh funding to scale up its operations and further expand its base in the country..