Funding

Lupa Funding News – London-based Lupa Closes €3.8M Seed Funding Round

Jan 16, 2025 | By Startuprise

A €3.8 million initial fundraising round has been concluded by London-based Lupa, an AI-native veterinary practice management platform, in order to grow and onboard additional veterinary practitioners throughout the United Kingdom.

Leading investors in the round included Vento by Exor Ventures, 2100 Ventures, and First Minute Capital. McKinsey, BCG, JP Morgan, Nexi, and NovaCapital angels are among the other investors. Lupa will expedite product development and commercial expansion with the additional cash.

Nicolò Frisiani, co-founder and CEO at Lupa, said: “The veterinary industry desperately needs modern software solutions that can help practices handle growing demand while reducing administrative burden on overworked staff. We’ve built Lupa from the ground up to be AI-native, making it dramatically more efficient and easier to use than legacy systems that are holding practices back. Our early results show that practices can save significant time on administration while providing better care.”

In 2023, former Meta Raul Lozano Martin, Nicolò Frisiani, and Matei Bjola established Lupa, an AI-native veterinary practice management software that enables veterinarian offices increase customer communication, automate administrative duties, and improve clinical treatment.

Lupa seeks to offer an easy-to-use, AI-powered experience that is 20 times quicker to learn than traditional practice management systems and can save practices up to 10 hours of administrative effort every week.

Increased pet ownership, which rose 36% under COVID, is putting increasing strain on the veterinary sector, according to Lupa. This problem is made worse by a rising scarcity of UK-based veterinarians. Just 11% of UK veterinarians are pleased with their PMS, and the software systems now in use are antiquated and ineffective.

Sam Endacott, Partner at Firstminute Capital, said: “Lupa’s vision of unifying veterinary workflows into a single, powerful platform addresses a critical industry need. With pet ownership at record highs and a growing vet shortage, the timing couldn’t be better for a modern, AI-native solution. We’re thrilled to be backing this exceptional team on their journey to transform veterinary care.”

In addition to providing essential veterinary services and supplies, Lupa's mobile application will enable veterinarians to profit from pet owners in ways they were previously unable to, allowing them to access the €310 billion worldwide pet expenditure industry.

About Lupa

Lupa changes veterinary care with the world's first true Veterinary Operating System (Lupa OS). It’s an all-in-one platform made for pet service providers. Our solution connects clinics with pet owners through a simple mobile app, making booking, payments, and communication easier.

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