PetPal is a telehealth platform for pets, created by 917Ventures, the Philippines’ largest corporate venture buildernow owning a pet, one of the highest percentages in Asia. With the surge in pet ownership, many struggle to find affordable, convenient veterinary care options for their beloved animals with just one vet available for every 10,000 pet owners in the country.to address this market gap.
“PetPal addresses a gap in the pet care market for convenient, accessible, and cost-effective healthcare services for pets. According toa significant number of pets rarely see a veterinarian due to their owners facing substantial challenges such as cost issues and unavailability of veterinarians. These barriers can lead pet owners to delay or skip veterinary treatments, or even abandon their pets.
The clamor for these services is not confined to the Philippines as the pet care market in Southeast Asia grew to a sizablein 2022 and is expected to grow to US$3.08 billion by 2032. Recognizing the potential of the sector, 917Ventures aims to make comprehensive pet care accessible and help the local industry address challenges through digitization, ensuring its growth is in line with the rest of the world.