PetScreening, a pet policy management software platform for the rental housing industry, has received $80 million in Series B funding to continue to grow its market presence, build its team, and bring innovative products to the market. The funding round was led by tech-focused investment firms Volition Capital and Guidepost Growth Equity.
“We could not be more appreciative of the support of these highly respected growth equity firms,” said CEO and founder John Bradford. “PetScreening has built a clear reputation as the industry’s premier pet management and assistance animal compliance platform. We’ve done this in large part because our solutions and our team offer housing providers unparalleled support in complying with the Fair Housing Act and other applicable regulations. As we move forward, we’re excited about our ability to innovate and provide clients even more valuable tools to ensure compliance, reduce risk, and manage on-site pet and animal populations.”
PetScreening serves over 7 million rental units in the multifamily, single-family, student, affordable, manufactured, and military housing sectors. Since its launch in 2017, it has helped rental owners and operators capture nearly $300 million in pet-related revenue. In addition, over 1.3 million reasonable accommodation requests for assistance animals have been created through the platform.
The firm, based in Mooresville, North Carolina, has over 135 employees, with plans to expand the head count this year. It also has continued to innovate for pet owners by launching services for lost dogs and cats, FidoAlert and TabbyAlert, and acquiring BetterPet.com, a veterinarian-driven content asset.
“After an extensive review of the pet management and assistance animal compliance market, it was clear that PetScreening is the category leader,” said Chris Cavanagh, general partner at Guidepost Growth Equity. “The company has built an outstanding reputation among property owners and managers by offering the most sophisticated compliance capabilities in the industry while maintaining a seamless experience for renters.”
Roger Hurwitz, managing partner at Volition Capital, added that the firm is pioneering how property managers and pet owners navigate policies and risk management. “The team is executing against its vision of creating a holistic pet management platform for the rental housing market and has quickly become the gold standard in the industry,” he said. “PetScreening has the domain expertise, market-leading solutions, and resources to capture this significant untapped market opportunity with its strong value proposition for both operators and consumers.
