DogHero, the online platform that connects dog owners with loving dog hosts, receives an investment from a group of venture capital funds in order to expand and reach new markets starting with Mexico
São Paolo, February 20, 2018 – DogHero (www.doghero.com.br), the São Paolo-based peer-to-peer pet boarding marketplace that provides a safe, transparent and easy solution for dog owners looking for dog boarding, received an investment from IGNIA, Kaszek Ventures, Monashees and Global Founders Capital.
DogHero is revolutionizing the pet-boarding market by providing owners with access to a large community of user-validated hosts, while allowing dog enthusiasts to generate extra income by doing something they love. The innovative platform is built around simplicity of use with intuitive tools including host search by location & price, and online booking functionality. In addition, the company creates a safe and trustworthy environment by performing a screening process for host applicants (only 20% of the applicants are approved), enabling seamless communication between dog owners and hosts, and providing community validation of hosts through its review system. The service also includes veterinary insurance for emergencies.
DogHero, founded in 2014, currently operates in Brazil and Argentina. The company is preparing to launch its operations in Mexico in the next couple of months, with the goal of eventually offering its services throughout Latin America.
“With 110 million dogs in Latin América, there is clearly a huge market for dog boarding in our region. We are excited about supporting Eduardo Baer and his highly qualified team; they have managed a steady growth since beginning operations and they are committed to client satisfaction through constant improvement in their offer” – said Álvaro Rodríguez Arregui, co-founder and managing partner of IGNIA.
“We are very glad to support DogHero, a protagonist in the Latam sharing economy with an outstanding team. Latam countries, particularly Brazil, are fantastic markets for pet services and goods” – said Fabricio Pettená, Director Latam of Global Founders Capital.
“They are building a vibrant community and a beloved brand. Customers love the service: 98% of them recommend DogHero to friends and family” – said Carlo Dapuzzo, partner at Monashees.
“We are amazed by the team’s execution, building a solid business while helping an increasing number of traveling families to find loving homes for their dogs” – said Nicolas Berman, partner at Kaszek Ventures.