Developer docs
API playgroundTry for free, no card

Search company profiles

Modern Animal

Full company profile

uuid00000wp

Namestring
Modern Animal
Legal namestring
Modern Animal, Inc.
Company typeenum
Private
Founded yearint
2018
Descriptiontext

Modern Animal is a technology-forward veterinary care platform founded in 2018 and headquartered in Culver City, California. The company operates a membership-based hybrid care model combining owned physical clinics with 24/7 virtual care accessible through its mobile application. As of September 2025, Modern Animal operated 29 clinics across four U.S. states (California, Texas, Colorado, and Arizona), serving more than 100,000 member families with primary care, urgent care, surgery, dental services, vaccines, and pharmacy fulfillment for dogs and cats.

The company's core technology stack centers on a proprietary in-house electronic medical records system called Claude, which provides AI-assisted clinical documentation by processing audio recordings of appointments to auto-generate notes and summaries. Modern Animal also deployed Herriot, an AI agent built on Sierra's platform, for triaging urgent pet-owner questions via chat with nurse-in-the-loop guardrails. The technology is tightly integrated into clinic workflows, with all medical records stored electronically and shared across the network in real time.

Modern Animal's revenue model combines three streams: annual membership subscriptions (Essential and All Access tiers), per-visit service fees for clinical care, and pharmacy transactions including prescription medications, preventatives, and prescription diets with autoship. In April 2026, Chewy, Inc. acquired Modern Animal for approximately $500 million, integrating the 29 clinics into Chewy's veterinary care ecosystem alongside its 18 pre-existing Chewy Vet Care locations. Post-acquisition, prescription fulfillment transitions to Chewy Pharmacy with Autoship integration, and the combined entity was projected to contribute over $125 million in annualized revenue, with expectations of EBITDA-neutral performance in fiscal 2026 and positive contribution in 2027.

Short descriptiontext

Modern Animal is a technology-forward veterinary care platform operating a membership-based hybrid model that combines 29 owned clinics across four U.S. states with 24/7 virtual care via its mobile app, serving more than 100,000 pet-owning member families.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersLos Angeles, United States
HQ citystring
Los Angeles
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices13 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
veterinary services, pet healthcare, veterinary clinics, virtual veterinary care, pet pharmacy
Industry5 codes
1Enterprise & Multi-site Veterinary Operations (Corporate/Group Practice)
CodeHLAMAMAIPrimaryYes
2Tele-veterinary & Virtual Care Platforms (Video/Chat, Remote Triage)
CodeHLAMAGABPrimaryNo
3Veterinary EMR/EHR & Clinical Workflow
CodeHLAMAMABPrimaryNo
4Online Booking, Intake & Digital Front Door (Forms, Consent, Waitlist)
CodeHLAMAGADPrimaryNo
5Multi-site/Corporate Group Operations Platforms (Franchise/MSO Tools, Standardization)
CodeHLAMAGAMPrimaryNo
NAICS code1 code
  • Veterinary Services54194
SIC code1 code
  • Services-Offices & Clinics Of Doctors Of Medicine8011
Product category
Veterinary Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Membership Subscriptions
TypeSubscription Recurring
Description

Annual membership subscriptions providing unlimited visits, 24/7 virtual care access, and member benefits. The membership model creates recurring revenue with automatic annual renewal.

modernanimal.com
2Veterinary Services
TypeOne Time License
Description

Revenue from in-person veterinary services including primary care, urgent care, dental care, surgery, vaccines, and other clinical services. Services offered on a per-visit basis beyond membership benefits.

modernanimal.com
3Pharmacy
TypeTransaction Fee
Description

Full-service pharmacy for prescription medications, preventatives, and prescription diets. Members can pick up in clinic or have items delivered with optional autoship.

modernanimal.com
Marketing channels10 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Pricing details3 tiers
1Essential Membership - Core access to primary care and virtual care
ModelSubscriptionBilling cadenceAnnual
Notes

Essential tier provides access to primary care services and 24/7 Virtual Care through the app for general questions, triage concerns, and guidance on whether pets need to be seen in person.

modernanimal.com
2All Access Membership - Comprehensive unlimited care including urgent care
ModelSubscriptionBilling cadenceAnnual
Notes

All Access tier provides unlimited primary and urgent care visits plus 24/7 Virtual Care access. Members can reach virtual care anytime for real-time guidance and emergency referral.

modernanimal.com
3First Visit Promotion
ModelSubscriptionBilling cadenceAnnual
Notes

$50 off first visit with code FIRSTVISIT50. Available to new members who sign up through the app or website.

modernanimal.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Modern Animal operates a membership-based veterinary care platform combining a network of physical veterinary clinics with 24/7 virtual care delivered through a proprietary mobile app. Its core offering is unlimited in-clinic primary and urgent care, dental, surgery, and pharmacy services for dogs and cats, bundled under tiered annual memberships (Essential and All Access), supported by an in-house EMR system (Claude) and an AI agent (Herriot).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 4.6/4.7/4.9 ratings on Yelp, Google, and App Store respectively based on thousands of reviews
+3 more records
Product overview1 text field

Modern Animal is a technology-forward veterinary platform offering a hybrid care model that combines physical clinic locations with 24/7 virtual care access. The platform operates through its core offerings: a network of 27+ physical veterinary clinics (as of 2025) across California, Texas, Colorado, and Arizona, integrated with a mobile app providing 24/7 virtual veterinary consultations, AI-assisted documentation through its proprietary EMR system called Claude, and a membership-based pricing model. The product suite includes primary care, urgent care, surgery, dental care, pharmacy services, and specialized programs for puppies/kittens and senior pets. Following Chewy's acquisition in 2026, the platform now integrates with Chewy Pharmacy for prescription fulfillment and Autoship capabilities, creating a fully integrated pet healthcare ecosystem connecting products, services, and care.

Product and service5 records
1Modern Animal Veterinary Clinics
CategoryVeterinary Care Services
Description

Physical veterinary clinic network offering primary care, urgent care, surgery, dental care, vaccines, and other clinical services across 29 locations in California, Texas, Colorado, and Arizona, designed as low-anxiety modern environments for dogs and cats.

224/7 Virtual Care
CategoryVirtual Veterinary Care
Description

Round-the-clock virtual veterinary care accessible through the Modern Animal mobile app, allowing members to chat with licensed veterinary professionals anytime, triage concerns, and get guidance on whether pets need to be seen in person.

3Modern Animal Mobile App
CategoryMember Platform
Description

Mobile application for iOS and Android providing appointment scheduling, care team communication, 24/7 virtual care access, prescription management, and pet health record access, including the Herriot AI agent for urgent question response.

4Membership Program (Essential and All Access)
CategoryMembership Subscription
Description

Subscription-based annual membership offering unlimited primary care visits, 24/7 virtual care, and tiered access (Essential and All Access) for individual pet owners, with automatic annual renewal.

5Modern Animal Pharmacy
Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-04-17
Description

Modern Animal deployed an AI agent named Herriot built on Sierra's technology platform. The AI agent handles high-stakes pet-owner questions with speed and accuracy, with emphasis on involving nurses in guardrail development and prioritizing quality human handoffs.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-04-08
Description

Phillips Pet Food & Supplies partnered with Central Garden & Pet to optimize distribution network. This is a peripheral reference in competitive analysis context.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Largest US veterinary chain (1,000+ hospitals) owned by Mars. Broad incumbent with overlapping primary/urgent care services, Optimum Wellness Plans subscription product, and significant national footprint that competes with Modern Animal for pet owner relationships.

TypeDirect peer
Description

Operating companion of Modern Animal post-acquisition; Chewy-owned veterinary clinic chain with 18 locations prior to the Modern Animal deal. Direct comparable in clinic operations and now integrated under common ownership.

TypeDirect peer
Description

Membership-friendly, design-forward urban veterinary clinic chain operating in multiple US metros. Closest comparable in target demographic (millennial pet owners), modern clinic experience, and tech-enabled care model.

TypeDirect peer
Description

Membership-based veterinary clinic operator with modern design and technology-first experience. Closely comparable subscription model, urban clinic focus, and 24/7 access positioning.

TypeDirect peer
Description

Membership-driven veterinary clinic chain in the US Southeast. Comparable in subscription-based care model, modern clinic design, and tech-enabled pet parent experience.

TypeBroad incumbent
Description

Major US veterinary network owned by Mars, with hundreds of primary care and specialty hospitals. Broad incumbent competitor with national scale and established referral relationships.

TypeBroad incumbent
Description

Multi-brand veterinary services platform owned by Petco, combining primary, specialty, and emergency care. Broad incumbent with significant scale and integrated retail-petcare strategy through Petco.

TypeEmerging player
Description

Specialty emergency veterinary hospital chain with tech-forward, transparent-pricing positioning. Adjacent competitor in urgent/emergency care and shares Modern Animal's customer-centric, design-led brand approach.

TypeEmerging player
Description

Subscription-based tele-veterinary platform offering 24/7 chat and video consultations with prescription delivery. Comparable in virtual care, membership model, and millennial pet owner targeting, though delivery model differs from clinic-first approach.

TypeBroad incumbent
Description

Specialty and emergency veterinary hospital chain owned by Mars, with nationwide locations. Adjacent incumbent that competes for referrals and complex cases from primary care networks like Modern Animal.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration5 records

Each record includes

Title, Type, Description, Source

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors13 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Modern Animal

Veterinary Servicesmodernanimal.com

Modern Animal is a technology-forward veterinary care platform operating a membership-based hybrid model that combines 29 owned clinics across four U.S. states with 24/7 virtual care via its mobile app, serving more than 100,000 pet-owning member families.

What Modern Animal does

Modern Animal is a technology-forward veterinary care platform founded in 2018 and headquartered in Culver City, California. The company operates a membership-based hybrid care model combining owned physical clinics with 24/7 virtual care accessible through its mobile application. As of September 2025, Modern Animal operated 29 clinics across four U.S. states (California, Texas, Colorado, and Arizona), serving more than 100,000 member families with primary care, urgent care, surgery, dental services, vaccines, and pharmacy fulfillment for dogs and cats.

The company's core technology stack centers on a proprietary in-house electronic medical records system called Claude, which provides AI-assisted clinical documentation by processing audio recordings of appointments to auto-generate notes and summaries. Modern Animal also deployed Herriot, an AI agent built on Sierra's platform, for triaging urgent pet-owner questions via chat with nurse-in-the-loop guardrails. The technology is tightly integrated into clinic workflows, with all medical records stored electronically and shared across the network in real time.

Modern Animal's revenue model combines three streams: annual membership subscriptions (Essential and All Access tiers), per-visit service fees for clinical care, and pharmacy transactions including prescription medications, preventatives, and prescription diets with autoship. In April 2026, Chewy, Inc. acquired Modern Animal for approximately $500 million, integrating the 29 clinics into Chewy's veterinary care ecosystem alongside its 18 pre-existing Chewy Vet Care locations. Post-acquisition, prescription fulfillment transitions to Chewy Pharmacy with Autoship integration, and the combined entity was projected to contribute over $125 million in annualized revenue, with expectations of EBITDA-neutral performance in fiscal 2026 and positive contribution in 2027.

Modern Animal firmographics

Firmographics
Name
Modern Animal
Legal name
Modern Animal, Inc.
Website
https://modernanimal.com
Company type
Private
Founded year
2018
Operating status
Acquired
Headcount range
251–500 employees
Short description
Modern Animal is a technology-forward veterinary care platform operating a membership-based hybrid model that combines 29 owned clinics across four U.S. states with 24/7 virtual care via its mobile app, serving more than 100,000 pet-owning member families.
Ownership category
akta.pro rank

Modern Animal industry classification

Industry
Product category
Veterinary Services
NAICS
Veterinary Services (54194)
SIC
Services-Offices & Clinics Of Doctors Of Medicine (8011)
akta.pro primary industry
Enterprise & Multi-site Veterinary Operations (Corporate/Group Practice) (HLAMAMAI)
akta.pro secondary industries
Tele-veterinary & Virtual Care Platforms (Video/Chat, Remote Triage) (HLAMAGAB), Veterinary EMR/EHR & Clinical Workflow (HLAMAMAB), Online Booking, Intake & Digital Front Door (Forms, Consent, Waitlist) (HLAMAGAD), Multi-site/Corporate Group Operations Platforms (Franchise/MSO Tools, Standardization) (HLAMAGAM)

Keywords

  • Veterinary services
  • Pet healthcare
  • Veterinary clinics
  • Virtual veterinary care
  • Pet pharmacy

Where Modern Animal is headquartered

Location

Headquarters

HQ city
Los Angeles
HQ country
United States
HQ region
North America

Offices13 records

Markets served

Modern Animal business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

  1. Membership Subscriptions: Annual membership subscriptions providing unlimited visits, 24/7 virtual care access, and member benefits. The membership model creates recurring revenue with automatic annual renewal.
  2. Veterinary Services: Revenue from in-person veterinary services including primary care, urgent care, dental care, surgery, vaccines, and other clinical services. Services offered on a per-visit basis beyond membership benefits.
  3. Pharmacy: Full-service pharmacy for prescription medications, preventatives, and prescription diets. Members can pick up in clinic or have items delivered with optional autoship.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEssential Membership - Core access to primary care and virtual care
SubscriptionAnnualAll Access Membership - Comprehensive unlimited care including urgent care
SubscriptionAnnualFirst Visit Promotion

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

Modern Animal product offering

Product offering

Core offering

Modern Animal operates a membership-based veterinary care platform combining a network of physical veterinary clinics with 24/7 virtual care delivered through a proprietary mobile app. Its core offering is unlimited in-clinic primary and urgent care, dental, surgery, and pharmacy services for dogs and cats, bundled under tiered annual memberships (Essential and All Access), supported by an in-house EMR system (Claude) and an AI agent (Herriot).

Product overview

Modern Animal is a technology-forward veterinary platform offering a hybrid care model that combines physical clinic locations with 24/7 virtual care access. The platform operates through its core offerings: a network of 27+ physical veterinary clinics (as of 2025) across California, Texas, Colorado, and Arizona, integrated with a mobile app providing 24/7 virtual veterinary consultations, AI-assisted documentation through its proprietary EMR system called Claude, and a membership-based pricing model. The product suite includes primary care, urgent care, surgery, dental care, pharmacy services, and specialized programs for puppies/kittens and senior pets. Following Chewy's acquisition in 2026, the platform now integrates with Chewy Pharmacy for prescription fulfillment and Autoship capabilities, creating a fully integrated pet healthcare ecosystem connecting products, services, and care.

Differentiator

Problem solved

Functional benefit

Products and services

  • Modern Animal Veterinary Clinics Physical veterinary clinic network offering primary care, urgent care, surgery, dental care, vaccines, and other clinical services across 29 locations in California, Texas, Colorado, and Arizona, designed as low-anxiety modern environments for dogs and cats.
  • 24/7 Virtual Care Round-the-clock virtual veterinary care accessible through the Modern Animal mobile app, allowing members to chat with licensed veterinary professionals anytime, triage concerns, and get guidance on whether pets need to be seen in person.
  • Modern Animal Mobile App Mobile application for iOS and Android providing appointment scheduling, care team communication, 24/7 virtual care access, prescription management, and pet health record access, including the Herriot AI agent for urgent question response.
  • Membership Program (Essential and All Access) Subscription-based annual membership offering unlimited primary care visits, 24/7 virtual care, and tiered access (Essential and All Access) for individual pet owners, with automatic annual renewal.
  • Modern Animal Pharmacy

Quantifiable outcome

  • 4.6/4.7/4.9 ratings on Yelp, Google, and App Store respectively based on thousands of reviews
  • +3 more outcomes

Companies that use Modern Animal

Customer profile

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Modern Animal technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability7 records

Feature4 records

Modern Animal partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core and minor.

  • SierracoreTechnology or Integration · 17 April 2026Modern Animal deployed an AI agent named Herriot built on Sierra's technology platform. The AI agent handles high-stakes pet-owner questions with speed and accuracy, with emphasis on involving nurses in guardrail development and prioritizing quality human handoffs.
  • Phillips Pet Food & SuppliesminorChannel Partner/ Reseller/ Distributor · 8 April 2026Phillips Pet Food & Supplies partnered with Central Garden & Pet to optimize distribution network. This is a peripheral reference in competitive analysis context.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Modern Animal competitors and assessment

Company assessment

Broad incumbents

  • Banfield Pet Hospital: Largest US veterinary chain (1,000+ hospitals) owned by Mars. Broad incumbent with overlapping primary/urgent care services, Optimum Wellness Plans subscription product, and significant national footprint that competes with Modern Animal for pet owner relationships.
  • VCA Animal Hospitals: Major US veterinary network owned by Mars, with hundreds of primary care and specialty hospitals. Broad incumbent competitor with national scale and established referral relationships.
  • Thrive Pet Healthcare: Multi-brand veterinary services platform owned by Petco, combining primary, specialty, and emergency care. Broad incumbent with significant scale and integrated retail-petcare strategy through Petco.
  • BluePearl Pet Hospital: Specialty and emergency veterinary hospital chain owned by Mars, with nationwide locations. Adjacent incumbent that competes for referrals and complex cases from primary care networks like Modern Animal.

Direct peers

  • Chewy Vet Care: Operating companion of Modern Animal post-acquisition; Chewy-owned veterinary clinic chain with 18 locations prior to the Modern Animal deal. Direct comparable in clinic operations and now integrated under common ownership.
  • Bond Vet: Membership-friendly, design-forward urban veterinary clinic chain operating in multiple US metros. Closest comparable in target demographic (millennial pet owners), modern clinic experience, and tech-enabled care model.
  • Small Door Veterinary: Membership-based veterinary clinic operator with modern design and technology-first experience. Closely comparable subscription model, urban clinic focus, and 24/7 access positioning.
  • Petfolk: Membership-driven veterinary clinic chain in the US Southeast. Comparable in subscription-based care model, modern clinic design, and tech-enabled pet parent experience.

Emerging players

  • Veterinary Emergency Group (VEG): Specialty emergency veterinary hospital chain with tech-forward, transparent-pricing positioning. Adjacent competitor in urgent/emergency care and shares Modern Animal's customer-centric, design-led brand approach.
  • Dutch: Subscription-based tele-veterinary platform offering 24/7 chat and video consultations with prescription delivery. Comparable in virtual care, membership model, and millennial pet owner targeting, though delivery model differs from clinic-first approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Modern Animal social profiles

Digital presence

Modern Animal compliance and trust

Trust signal

Compliance1 record

Modern Animal financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Modern Animal leadership team

Management profile

Number of profiles

Profiles7 records

Modern Animal funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Modern Animal M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modern Animal

What does Modern Animal do?

Modern Animal operates a membership-based veterinary care platform combining a network of physical veterinary clinics with 24/7 virtual care delivered through a proprietary mobile app. Its core offering is unlimited in-clinic primary and urgent care, dental, surgery, and pharmacy services for dogs and cats, bundled under tiered annual memberships (Essential and All Access), supported by an in-house EMR system (Claude) and an AI agent (Herriot).

Is Modern Animal a public or private company?

Modern Animal is a private company. It is classified as corporate owned and is currently acquired.

When was Modern Animal founded?

Modern Animal was founded in 2018. It employs 251 to 500 people.

Where is Modern Animal based?

Modern Animal is headquartered in Los Angeles, United States, in the North America region.

How does Modern Animal make money?

Three revenue lines are on record. Membership Subscriptions are the primary driver. The others are veterinary Services and pharmacy.

Who are Modern Animal's main competitors?

Broad incumbents on record are Banfield Pet Hospital, VCA Animal Hospitals, Thrive Pet Healthcare and BluePearl Pet Hospital. Direct peers are Chewy Vet Care, Bond Vet, Small Door Veterinary and Petfolk. Emerging players are Veterinary Emergency Group (VEG) and Dutch.

Does Modern Animal have an API?

No public API is recorded for Modern Animal.

What industry is Modern Animal in?

Modern Animal's product category is Veterinary Services. Its primary akta.pro industry code is HLAMAMAI, Enterprise & Multi-site Veterinary Operations (Corporate/Group Practice), with a secondary code of HLAMAGAB, Tele-veterinary & Virtual Care Platforms (Video/Chat, Remote Triage). Its NAICS code is 54194 and its SIC code is 8011.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
TradingViewNews by Dow Jones Newswires on TradingView, 2026-09-09Chewy lowered its full-year sales forecast to $13.46–13.57 billion, citing consumer pullback on discretionary pet treats. The company expects Q3 sales of $3.32–3.36 billion, and shares fell 7.7% to $21.47. CEO Sumit Singh said no meaningful consumer recovery is assumed for the rest of the fiscal year.DVM 360Chewy announces latest acquisitionChewy, Inc. has entered into a definitive agreement to acquire Modern Animal, Inc., a technology-forward veterinary platform with 29 owned clinics, 24/7 virtual care, and over 100,000 member families. The acquisition is expected to add over $125 million in annualized run rate revenue and expand Chewy Vet Care from 18 to 47 clinics nationwide, while being EBITDA dollar neutral in 2026 on a pro forma basis. The transaction, pending customary closing conditions and expected to close in Q2 of fiscal year 2026, also includes a $500 million increase to Chewy's existing share repurchase program.Quiver QuantitativeChewy Gains as Investors Revisit Strong Q1 Results and Capital Return Support | Quiver QuantitativeChewy, Inc. (CHWY) stock gained 4.9% in trading on July 20, 2026, with no fresh company announcement directly tied to the move, suggesting investors are revisiting the company's strong first-quarter results. The Q1 metrics showed net sales rising 7.7% year over year to $3.36 billion and adjusted EBITDA of $253.1 million with a 7.5% margin. The stock rise is also attributed to investor confidence in Chewy's healthcare expansion through the planned Modern Animal acquisition and the board's recent $500 million increase to its share repurchase authorization.The Motley FoolA Once-in-a-Decade Opportunity: 3 of the Best Stocks to Buy in JuneThe author recommends Chewy, Sprouts Farmers Market, and Tractor Supply as undervalued consumer goods stocks, noting Chewy is 58% below its 52-week high and Sprouts 50% below. Chewy's Autoship accounts for 84% of sales, while Sprouts plans to triple its store count and Tractor Supply offers a 3.1% dividend yield.MarketScreenerChewy: Beat and LowerChewy reported Q2 revenue of $3.36B, up 7.7% year-over-year, with adjusted EBITDA margin rising to 7.5%. The company lowered its annual revenue guidance to $13.40–13.55B, below consensus, citing slowing net revenue per active customer. It also repurchased $200M in shares and maintains its EBITDA margin guidance.SahmcapitalChewy Expands Pet Health Ecosystem With Modern Animal Clinic AcquisitionChewy (NYSE:CHWY) has agreed to acquire Modern Animal, a network of physical veterinary clinics, expanding the company's in-person pet health services. The deal connects Modern Animal clinics with Chewy's e-commerce and pharmacy platforms, extending prior efforts in AI and virtual vet care into an omnichannel model. Investors should monitor how effectively Chewy integrates the clinic network amid execution risks, competitive pressures from players like VCA/Antech and Banfield, and higher fixed costs associated with physical locations.The Motley FoolChewy Reports Soon. Here's Why I'd Buy Before the Number Drops.Chewy's stock is trading near a 52-week low, down about 35% year to date, with fiscal Q1 earnings due June 10. The company expects net sales of $3.33–3.36 billion and adjusted EPS of $0.40–0.45, up from Q4. Analysts see the stock undervalued at 14 times forward earnings.SahmcapitalChewy Expands Vet Ecosystem With Modern Animal And New AI CapabilitiesChewy has agreed to acquire veterinary service provider Modern Animal, expanding its presence in pet healthcare and building a broader ecosystem that connects products, services, and care for pet owners. The acquisition brings Modern Animal's physical clinics into Chewy's largely online model, positioning the company closer to where medical decisions are made for pets rather than only filling prescriptions originating elsewhere. Chewy is also increasing its use of AI across its digital platform to support customer engagement, scheduling, and service delivery as it extends beyond retail into vet care services.The Motley FoolThis Pet Stock Is Down 40% This Year Despite Growing Free Cash Flow by 24% in 2025Chewy's stock is down over 40% year-to-date, trading below its 2019 IPO price, despite Autoship accounting for 83% of revenue. The company reports 24% free cash flow growth to $562 million and is expanding vet clinics, with management guiding for further margin expansion.openPR.comVeterinary Healthcare Market Set to Reach US$ 113.50 Billion by 2033 | Rapid Growth Driven by Rising Pet Ownership, Livestock Disease Management & Advancements in Animal DiagnosticsDataM Intelligence released a veterinary healthcare market report projecting the global market to grow from US$51.26 billion in 2025 to US$113.50 billion by 2033, at a compound annual growth rate of 10.37%, driven by rising pet ownership, livestock disease management, and advancements in animal diagnostics. In April 2026, Chewy acquired Modern Animal, expanding Chewy Vet Care's clinic network from 18 to 47 locations across the United States to strengthen its integrated pet healthcare ecosystem. Additional transactions included Zoetis acquiring Neogen Corporation's animal genomics business to enhance precision diagnostics and personalized veterinary healthcare solutions, and Zenex Animal Health India acquiring a majority stake in Netherlands-based VievePharm to expand its natural animal nutrition portfolio in Europe.