The Technology team advised Small Door Veterinary on raising $55 million in new capital to support its next phase of growth. The raise includes a $35 million equity financing led by Valspring Capital, with participation from existing investors, Primary Venture Partners, C&S Family Capital, Lerer Hippeau, and Toba Capital, as well as a new $20 million debt facility from Bridge Bank, a division of Western Alliance Bank.
Small Door is membership-based veterinary care designed with human healthcare standards. Its unique model combines exceptional primary care, stress-free clinic environments, 24/7 telemedicine, and transparent pricing — creating a better experience for pets, pet parents, and medical teams alike. Founded in New York City, Small Door operates across the Northeast and Mid-Atlantic and is expanding nationally.
The deal team was led by David Concannon, Joshua Eisenson, Janet Andolina, Kevin Grumberg, Roger Cohen, Taylor Harrison, Tori Stark, Scott Zilora, Allison Goldsher, Shamila Kara, Eliza Chute, Rebecca Kennedy, and Kerri Finn.
For more information on the deal, please read the press release.