Pet owners who need animal health products and seek affordability and convenience of home delivery can buy from MedicAnimal, which sells to 1m customers via five websites. The company has also developed its own technology to check orders against veterinary records, and process them. Founded in 2007 by commodities trader Ivan Retzignac and vet Andrew Bucher, sales grew 118% a year from £1.4m in 2008 to an annualised £14.9m in 2011, and the pair expects sales to reach £60m in 2012. Balderton Capital, along with existing investors, invested £10m in May.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.