What PSIvet does

PSIvet, Inc. is a membership-based Group Purchasing Organization (GPO) founded in 2000 and headquartered in Clearwater, Florida. It is the first and largest GPO dedicated exclusively to independent veterinary practices in the United States, serving 4,500+ member practices through a network of 40-50+ vetted premier vendor partners across diagnostics, nutrition, pharmaceuticals, financial services, HR, and inventory management. Core partners include Covetrus, Hill's Pet Nutrition, Elanco, Merck, Zoetis Diagnostics, CareCredit, ADP, and Royal Canin, among others.

The company's core product is a recurring subscription membership priced at $75 per month or $840 per year prepay (saving $60), with no sign-up fees, no cancellation fees, and a 90-day money-back guarantee. Members gain access to negotiated vendor discounts and rebates, with the company distributing over $10M in rebates to members in 2025 (average ~$10,000 per member annually). Beyond transactional rebates, the offering includes dedicated Practice Performance Advisors (credentialed as RVT, LVT, CVPM, MBA, CCFP) providing financial consulting, efficiency audits, inventory support, and staff development, plus continuing education, a member portal, and the annual PSIvet Business Symposium event.

PSIvet generates revenue through two primary streams: recurring membership subscriptions and retained portions of vendor partner rebates (transaction-fee style economics). Distribution is primarily domestic US through a consultative field sales motion via Practice Performance Advisors, supplemented by self-service online enrollment, member referrals, industry event presence, and content marketing via the Insights blog, PSIvet Insider, and Compass newsletters. The company has 51-100 employees and operates as a private, independently held corporation with no disclosed venture capital or private equity backing.

Name

PSIvet

Legal name

PSIvet, Inc.

Website

https://psivet.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

PSIvet is a 25+ year-old, membership-based Group Purchasing Organization serving 4,500+ independent US veterinary practices through subscription access to 50+ vetted vendor partners, negotiated rebates, and dedicated Practice Performance Advisors for operational consulting.

Ownership category

akta.pro rank

Headquarters

HQ city

St. Petersburg

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Subscriptions: PSIvet generates revenue through monthly or annual membership subscriptions from independent veterinary practices. Members pay $75 per month or $840 annually for access to vendor partner discounts, rebates, education, technology solutions, and personalized support from Practice Performance Advisors. The subscription model provides predictable recurring revenue while delivering cost savings and operational benefits to members.
2. Vendor Partner Rebates: PSIvet facilitates rebates from vendor partners to members. The company earned over $10M in rebates distributed to members in 2024, demonstrating significant value delivery through the GPO model. Members utilizing more than 8 partner programs realize even greater savings through volume-based negotiated rates.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

PSIvet operates as a Group Purchasing Organization (GPO) dedicated exclusively to independent veterinary practices. Members pay $75 per month or $840 annually to access negotiated vendor discounts, rebates, and personalized consulting from Practice Performance Advisors. The company aggregates purchasing volume from 4,500+ member practices to negotiate favorable terms with 40+ vendor partners across pharmaceuticals, diagnostics, nutrition, financial services, HR, and inventory management.

Product overview

PSIvet is a Group Purchasing Organization (GPO) dedicated exclusively to independent veterinary practices. The core offering is a membership program ($75/month or $840 annual prepay) that provides customized savings, solutions, and full-service support. The portfolio includes Practice Performance Advisors providing personalized consulting, a network of 40+ vendor partners across diagnostics, nutrition, equipment and supplies, a Staff & Professional Development program, and annual events including the Business Symposium. The company connects 4,500+ member practices and distributed over $10M in rebates in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• PSIvet Membership Program
• Practice Performance Advisors
• Vendor Partner Network
• Staff & Professional Development

Quantifiable outcome

• $10,000 average annual savings and rebates per member
• +3 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

36 partnerships are on record, tiered core and minor.

• CovetruscoreStrategic or Co-development PartnerCovetrus is a featured premier partner of PSIvet providing practice management solutions and technology. The partnership provides PSIvet members with access to Covetrus products and services through exclusive negotiated terms. PSIvet members can access VetSuite, a practice improvement network offered in partnership with Covetrus that helps streamline practice workflows, protect practice revenue, and improve inventory processes.
• Hill's Pet NutritioncoreStrategic or Co-development PartnerHill's Pet Nutrition is a featured premier partner offering prescription and therapeutic pet foods. PSIvet members receive access to Hill's products at negotiated pricing through this partnership.
• ElancocoreStrategic or Co-development PartnerElanco is a featured premier partner providing veterinary pharmaceutical products. The partnership offers PSIvet members access to Elanco's animal health medications and treatments at discounted rates.
• MerckcoreStrategic or Co-development PartnerMerck is featured as a premier partner offering veterinary pharmaceutical and vaccine products. PSIvet members benefit from negotiated pricing on Merck's animal health portfolio.
• Zoetis DiagnosticscoreStrategic or Co-development PartnerZoetis Diagnostics is a featured premier partner providing diagnostic testing solutions and imaging equipment. PSIvet members access these services and products through exclusive partner pricing.
• CareCreditcoreStrategic or Co-development PartnerCareCredit, a Synchrony solution, is a featured premier partner offering financing solutions for pet owners. The partnership enables PSIvet members to offer flexible payment options to clients, improving case acceptance and practice revenue.
• ADPminorStrategic or Co-development PartnerADP (Automatic Data Processing) is listed among PSIvet's vendor partners providing payroll and human resources solutions. PSIvet collaborated with ADP to develop resources and plan options for employee benefits, helping members compete for talent.
• AirgasminorStrategic or Co-development PartnerAirgas Puritan Medical is a partner providing medical gases and related supplies for veterinary practices.
• ApploiminorStrategic or Co-development PartnerApploi is a partner offering recruitment and talent management solutions for veterinary practices.
• ASPCA Pet Health InsuranceminorStrategic or Co-development PartnerASPCA Pet Health Insurance is a partner offering pet insurance products that members can offer to their clients.
• Contract Goods and ServicesminorStrategic or Co-development PartnerContract Goods and Services is a partner providing access to contracted pricing on various goods and services for veterinary practices.
• CubexminorStrategic or Co-development PartnerCubex is a partner providing pharmaceutical and inventory management solutions for veterinary practices.
• dvmReachminorStrategic or Co-development PartnerdvmReach is a partner offering veterinary practice marketing and client communication solutions.
• dvmRxminorStrategic or Co-development PartnerdvmRx is a partner providing veterinary pharmaceutical management and pharmacy solutions.
• Fear Free LLCminorStrategic or Co-development PartnerFear Free LLC is a partner providing education and certification programs to help veterinary practices create low-stress environments for pets and staff.
• Gateway Pet MemorialminorStrategic or Co-development PartnerGateway Pet Memorial is a partner providing pet cremation and memorial services for veterinary practices.
• Global Vet LinkminorStrategic or Co-development PartnerGlobal Vet Link is a partner providing regulatory compliance and documentation solutions for veterinary practices.
• IVPA (Independent Veterinary Practitioners Association)minorStrategic or Co-development PartnerIVPA is a partner organization representing independent veterinary practitioners, providing advocacy and professional development resources.
• KVP International LLCminorStrategic or Co-development PartnerKVP International LLC is a partner offering veterinary products and supplies.
• LifeLearn Animal HealthminorStrategic or Co-development PartnerLifeLearn Animal Health is a partner providing veterinary education, training, and professional development resources.
• MedPro DisposalminorStrategic or Co-development PartnerMedPro Disposal is a partner providing medical waste disposal services for veterinary practices.
• NorbrookminorStrategic or Co-development PartnerNorbrook is a partner offering veterinary pharmaceutical products at negotiated pricing.
• PuteminorStrategic or Co-development PartnerPute is a partner providing veterinary technology consulting and concierge services.
• QuillminorStrategic or Co-development PartnerQuill is a partner offering office supplies and business products for veterinary practices.
• Radiation Detection CompanyminorStrategic or Co-development PartnerRadiation Detection Company is a partner providing radiation monitoring and safety solutions for practices using diagnostic imaging.
• READS UniformsminorStrategic or Co-development PartnerREADS Uniforms is a partner providing professional uniforms and workwear for veterinary staff.
• Ready Refresh by Nestlé WatersminorStrategic or Co-development PartnerReady Refresh is a partner providing water and beverage delivery services for veterinary offices.
• Royal CaninminorStrategic or Co-development PartnerRoyal Canin is a partner offering premium pet food and nutrition products through exclusive member pricing.
• TrupanionminorStrategic or Co-development PartnerTrupanion is a partner offering pet medical insurance with coverage for veterinary expenses.
• US BankminorStrategic or Co-development PartnerUS Bank is a partner providing banking and financial services solutions for veterinary practice members.
• VetinsureminorStrategic or Co-development PartnerVetinsure is a partner offering veterinary-specific insurance products and risk management solutions.
• VetriScienceminorStrategic or Co-development PartnerVetriScience is a partner providing veterinary supplement and nutraceutical products.
• Wedgewood PharmacyminorStrategic or Co-development PartnerWedgewood Pharmacy is a partner providing compounded medications and pharmacy services for veterinary practices.
• VetSuite (by Covetrus)coreStrategic or Co-development PartnerVetSuite is a practice improvement network offered in partnership with Covetrus that PSIvet members access for additional value. It helps streamline practice workflows, protect practice revenue, and improve inventory processes while realizing cost savings and efficiencies. This partnership extends the value proposition of PSIvet membership.
• VaultminorStrategic or Co-development PartnerVault is a partner providing health plan options for employees. PSIvet collaborated with Vault and ADP to develop resources and plan options designed to help members and their employees during challenging times.
• PrincipalminorStrategic or Co-development PartnerPrincipal is a partner providing retirement plan services. Through the Pooled Employer Plan (PEP), PSIvet offers members access to 401(k) plans with reduced administrative burden and fiduciary responsibilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Others

• Premier Inc. Premier is a large healthcare GPO and supply-chain analytics company. Although purely human-healthcare, its GPO-plus-services model and member-network economics are functionally comparable to PSIvet's positioning.
• Vizient: Vizient is one of the largest healthcare GPOs and performance-improvement companies in the US. While serving human healthcare rather than veterinary, it is a relevant business-model comparable for understanding GPO economics, contract structures, and the strategic value of member scale.
• Banfield Pet Hospital (Mars Petcare): Banfield is the largest corporate veterinary chain in the US and part of Mars Petcare. It does not compete as a GPO, but its continued consolidation of independent practices directly affects PSIvet's addressable market — making it the most consequential adjacent player for PSIvet's long-term TAM.
• HealthTrust (HCA): HealthTrust is a healthcare GPO that aggregates purchasing volume for hospitals and ancillary services. It is a useful business-model peer illustrating how GPOs scale into broader services and contract purchasing.

Broad incumbents

• MWI Animal Health: MWI Animal Health, a brand within the Covetrus/Mars Petcare ecosystem, is a major US veterinary distributor supplying pharmaceuticals, supplies, and equipment. It competes broadly for the same procurement wallet share as PSIvet's vendor partner network.
• Covetrus: Covetrus is one of the largest veterinary distribution and technology platforms, supplying products, services, and practice management software to veterinary practices across the US. It is both a premier partner of PSIvet (through VetSuite) and a potential competitor or disintermediator, given its scale and direct relationships with the same customer base.
• Henry Schein (Animal Health): Henry Schein's animal health division is a major veterinary distributor offering products, technology, and practice solutions to both independents and corporate groups. It is a broad incumbent in veterinary procurement and is sometimes featured in PSIvet's own partner directory.

Direct peers

• VetSource: VetSource is a veterinary pharmacy, home delivery, and practice solutions platform serving independent veterinary practices. It overlaps PSIvet's prescription-related and procurement-adjacent offerings and competes for member mindshare and rebate economics.
• Vetcove: Vetcove is a digital procurement platform that lets veterinary practices compare product pricing and order supplies across multiple distributors in real time. It serves the same SMB independent-veterinary customer base as PSIvet and competes for the procurement-related value pool, though via price transparency rather than GPO rebates.
• Independent Veterinary Practitioners Association (IVPA): IVPA is a membership organization dedicated exclusively to independent veterinary practice owners, providing advocacy, professional development, and peer community — overlapping PSIvet's non-procurement value props and serving an essentially identical customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about PSIvet