PetPace

Company Overview

Snapshot

Founded in February 2012 by Asaf Dagan, PetPace operates with 11–50 employees. The company has raised $12.2M across 3 funding rounds from 1 investor, with Kormeli participating in a February 2012 funding round. PetPace has also secured grants, including one from the BIRD Foundation in June 2015.

Business overview

PetPace specializes in remote pet health monitoring through a low-power wireless collar equipped with sensors. This technology continuously tracks vital signs, physiological data, and behavioral patterns. The collected data is analyzed in real time by a cloud-based engine, which generates immediate alerts to designated individuals if abnormal signs are detected, enabling preemptive action to safeguard pet health. The company operates within the Health Tech & Life Sciences sector, focusing on digital healthcare and patient remote monitoring for pet owners and healthcare providers.

Strategic signal

In November 2017, PetPace's smart collar technology was highlighted for its role in aiding a human-canine team during a 12,500-mile trek. This demonstrates the durability and reliability of the device in extreme conditions, validating its potential for continuous, real-world health monitoring beyond typical domestic use. This signals to investors the robustness and broad applicability of PetPace's technology in diverse and demanding environments.

Company Intelligence Q&A

What is PetPace's core product?

PetPace's core product is a low-power wireless collar fitted with an array of sensors that monitor and report vital signs and physiological and behavioral data for pets.

When was PetPace founded?

PetPace was founded in February 2012 by Asaf Dagan.

Has PetPace received any grants?

Yes, PetPace secured a grant from the BIRD Foundation in June 2015 and another from the US Department of Homeland Security Science and Technology Directorate in March 2017.

What was a notable application of PetPace's smart collar technology?

In November 2017, the PetPace smart collar aided the first human-canine team during a 12,500-mile All-In Trek, demonstrating its utility in monitoring pet health during extensive expeditions.

What is the total capital raised by PetPace?

PetPace has raised a total of $12.2M across 3 funding rounds.