Founded in 2018
Mareile started Vetevo with co-founder Felix after finding it difficult to get quick access to vet care products for her pets.
Vetevo believe that it should be simple for everyone to provide their pet with everything they need to lead a happy and healthy life.
Mareile was planning to take out a bank loan to fund the advertising and influencer campaigns she needed to launch to grow her business. But none of the banks she spoke to were flexible enough to approve funding in time to invest in campaigns to accelerate Vetevo’s fast-paced growth.
Mareile and team first received an Uncapped advance of €210,000, which they invested into high-value performance marketing and influencer campaigns.
Since then, Vetevo have returned for another €265,000 to maintain healthy cashflow as they continued to invest in scaling their business. Now they have 200,000 customers, and growing!
Use of funds