TLDR: London-based Lupa has successfully raised $20 million in Series A funding, bringing its total capital to $25 million. This significant investment will fuel the expansion of its AI-powered operating system for veterinary clinics and support the launch of the world’s first Veterinary AI Lab, aiming to transform the global petcare market.
London-based Lupa, a pioneering company at the forefront of veterinary technology, has announced a successful Series A funding round, securing $20 million. This latest investment, led by Singular with participation from Firstminute Capital and angel investors including Michael Callahan, elevates Lupa’s total funding to $25 million, just five months after its seed round. The capital infusion is earmarked for expanding Lupa’s AI agents, accelerating its international growth, and establishing what is described as the world’s first Veterinary AI Lab.
The global petcare market, valued at over $350 billion, is experiencing substantial growth, yet it significantly lags behind other industries in technological adoption. Many large veterinary groups continue to rely on outdated legacy systems from the 1990s, which hinder clinical and operational efficiency by slowing workflows, fragmenting data, and preventing clinics from reaching their full potential.
Founded in 2023 by Nicolò Frisiani and Matei Bjola, both formerly of BCG, and Raul LozanoMartin, previously with Meta, Lupa was conceived out of a direct observation of these systemic constraints during a project to upgrade a major veterinary group’s technology stack. The founders identified a critical need for a dedicated, modern platform.
Lupa’s innovative solution consolidates more than seven disparate point solutions—such as practice management, pet-owner mobile applications, in-patient tools, and AI scribing—into a single, enterprise-grade operating system specifically designed for artificial intelligence. Clinics leveraging Lupa’s platform have reported a remarkable return on investment (ROI), approximately twice that achieved with multiple disconnected tools. Furthermore, the system is credited with saving an hour per vet each day and offering faster onboarding compared to traditional systems.
Beyond clinic operations, Lupa also addresses the disjointed experiences faced by pet owners. Its sleek mobile application provides an integrated channel for care and communication, allowing pet parents to book appointments instantly, securely message their veterinarians, pay bills in seconds, and maintain a comprehensive digital pet-health passport for records, vaccinations, and reminders. The platform also features an AI-enabled receptionist capable of handling inbound calls and scheduling, further streamlining the petcare journey.
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This funding round follows an impressive period of 50x revenue growth for Lupa since its seed round. The launch of the Veterinary AI Lab underscores Lupa’s commitment to developing clinically robust, safety-focused AI tools that will support every stage of pet care, solidifying its position as a transformative force in the global petcare industry.
