CareVet
CareVet operates a network of 220+ veterinary hospitals across 35+ states, providing practice management, clinical care, and ownership transition services to independent practice owners, veterinarians, pet parents, and veterinary team members.
- Company typePrivate
- Founded2018
- HeadquartersClayton, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What CareVet does
CareVet is a private veterinary hospital network founded in 2018 in St. Louis, Missouri, by CEO Greg Siwak and Chief Veterinary Officer Dr. Kent Thornberry. The company operates 220+ veterinary hospitals across 30+ states, employing 3,000+ team members including 575+ licensed veterinarians, and serves approximately 1.2 million pets annually. CareVet provides practice management, clinical care delivery, and hospital ownership transition services for independent veterinary practice owners, while offering comprehensive veterinary services — including routine wellness, surgery, dental care, and emergency services — directly to pet parents at owned and operated hospital locations.
The company's core platform combines physical hospital operations with a suite of talent and clinical programs. Key products include the Ultimate CarePackage (a comprehensive benefits and compensation program for veterinarians featuring $120k+ starting salaries, $100k sign-on bonuses, and the Carebnb paid vacation program), the CareVet Learning Institute (a role-specific training platform with RACE-approved continuing education), the Clinical Outcomes Network (a weekly knowledge-sharing initiative collecting treatment responses from network veterinarians), and the Hospital Ownership Transition Services for independent practice sellers. CareVet's Clinical Advisory Board (launched April 2025) and Premier Centers designation (launched February 2025) formalize clinical governance and tiered service standards. Supporting programs include the New Grad Accelerator, CareCoach, Medical Director Accelerator, Emerging Leaders, and CareVet Technician Accelerator (delivered in partnership with Penn Foster). The company's technology stack is operational rather than differentiated: PetDesk integration for appointment booking and online pharmacy, Google Analytics and reCAPTCHA on web properties, and no public-facing API.
CareVet's business model is service-based revenue from veterinary care delivery across owned hospitals, supplemented by revenue-share arrangements for team members and corporate-funded benefits. The go-to-market motion is dual-sided: B2B2C acquisition of independent veterinary hospitals from owner-operators seeking exit strategies, and direct-to-consumer service delivery to pet parents at 220+ physical locations. The company targets four primary customer segments: Hospital Owners (B2B practice sellers), Veterinarians (DVM recruiting), Pet Parents (consumer service delivery), and Team Members (veterinary technicians and support staff). The acquisition-led growth model has driven 100+ completed acquisitions and reportedly 200+ owners choosing CareVet as their transition partner, supported by $75M+ in committed facility investment over five years.
CareVet firmographics
Firmographics- Name
- CareVet
- Legal name
- CareVet, LLC
- Website
- https://carevet.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- CareVet operates a network of 220+ veterinary hospitals across 35+ states, providing practice management, clinical care, and ownership transition services to independent practice owners, veterinarians, pet parents, and veterinary team members.
- Ownership category
- akta.pro rank
CareVet industry classification
Industry- Product category
- Veterinary Healthcare Services
- NAICS
- Veterinary Services (54194), Veterinary Services (541940)
- akta.pro primary industry
- Companion Animal Veterinary Clinics & Hospitals (AFAEANAA)
Keywords
Where CareVet is headquartered
LocationHeadquarters
- HQ city
- Clayton
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
CareVet business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- Veterinary Services Revenue: CareVet generates revenue through its network of 220+ veterinary hospitals providing comprehensive pet care services including routine wellness, surgery, dental care, and emergency services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Veterinarian compensation starting at $120k+ with signing bonuses |
| Subscription | Hourly | Team Member Living Wage - $15+ per hour |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
CareVet product offering
Product offeringCore offering
CareVet operates a network of 220+ veterinary hospitals across 30+ U.S. states that deliver comprehensive pet care services including routine wellness, surgery, dental care, and emergency services to pet parents. The company also acquires independent veterinary practices from owner-operators and provides practice transition support, while operating veterinarian career development, learning, and clinical evidence programs internally across the network.
Product overview
CareVet is a veterinary practice management and hospital network platform operating 220+ veterinary hospitals across 30+ states in the United States. The offering is structured as a unified veterinary hospital network platform with multiple interconnected programs and services. At its core is the CareVet Veterinary Hospital Network providing comprehensive veterinary care through acquired and managed hospitals under a Veterinarian-led care model. The platform is augmented by the Ultimate CarePackage (a comprehensive benefits and compensation program for veterinarians), the CareVet Learning Institute (an internal training and CE platform with RACE-approved courses), and the Clinical Outcomes Network (a weekly case-study and knowledge-sharing initiative). Supporting modules include the New Grad Accelerator Program, CareCoach Program, Medical Director Accelerator Program, Emerging Leaders Program, and CareVet Technician Accelerator Program (in partnership with Penn Foster) for professional development at all career stages. Additional services include Hospital Ownership Transition Services for practice sellers, Carebnb for veterinarian vacation support, CareVet Webinars for ongoing education, and CareVet Rescue for disaster relief operations. Together, these products and programs create an ecosystem focused on veterinary career growth, clinical excellence, and practice management support.
Differentiator
Problem solved
Functional benefit
Brands
- Carebnb: Paid vacation program for veterinarians offering additional time off benefits
- Ultimate CarePackage
- CareVet Learning Institute (CVLI)
- CareCoach Program
- New Grad Accelerator Program
- Medical Director Accelerator Program
- CareVet Rescue
- Clinical Outcomes Network
Products and services
- CareVet Veterinary Hospital Network Network of 220+ veterinary hospitals across 30+ U.S. states providing comprehensive veterinary care for pets, including routine wellness exams, surgery, dental care, and emergency services. Designed for pet parents seeking trusted, veterinarian-led care close to home, with online appointment booking through PetDesk.
- Hospital Ownership Transition Services Partnership and acquisition service for independent veterinary hospital owners who want to sell or transition their practice. Includes comprehensive valuation guidance, flexible exit and career planning, team retention support during transition, facility innovation and capital investment, and legacy and community preservation. Designed for owner-operators of SMB veterinary hospitals seeking an exit strategy.
Quantifiable outcome
- 97% Veterinarian Retention Rate
- +5 more outcomes
Companies that use CareVet
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles2 records
CareVet technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature3 records
CareVet partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Blendvet™ & Hill's Pet NutritioncoreCareVet partnered with Blendvet™ and Hill's Pet Nutrition to launch a groundbreaking DEIB (Diversity, Equity, Inclusion, and Belonging) initiative, demonstrating commitment to fostering an inclusive workplace culture across the veterinary hospital network.
- Penn FostercoreCareVet's partnership with Penn Foster allows eligible team members to receive tuition reimbursement through the CareVet Technician Accelerator Program, supporting career growth and skill development for veterinary technicians.
Scale indicators12 records
Recent moves4 records
Expansion highlights6 records
CareVet competitors and assessment
Company assessmentEmerging players
- BluePearl Veterinary Partners: Specialty and emergency veterinary hospital network operating referral hospitals across the US. Adjacent to CareVet's general practice footprint and relevant as both a competitor for high-acuity cases and a potential partner/seller.
Direct peers
- Innovetive Petcare: Private equity-backed veterinary consolidator acquiring independent companion animal hospitals across the US. Directly comparable to CareVet in target seller profile, geographic footprint, and hospital-level operating model.
- National Veterinary Associates (NVA): Large US veterinary consolidator owning hundreds of general practice, specialty, and emergency hospitals acquired from independent owners. Directly competes with CareVet for independent practice sellers and shares the same roll-up playbook.
- Pathway Vet Alliance: Veterinary consolidator (now part of Thrive Pet Healthcare) built on acquiring independent general practice and specialty hospitals. Shares CareVet's focus on veterinarian-friendly culture and independent-practice acquisition strategy.
- AmeriVet Veterinary Partners: PE-backed veterinary consolidator partnering with independent hospital owners on acquisition/transition. Competes head-to-head with CareVet for seller relationships among general practice DVMs across the US.
- Thrive Pet Healthcare: Veterinary consolidator combining general practice, specialty, and emergency hospitals acquired from independents. Targets the same seller pool and customer base as CareVet with a comparable multi-brand hospital network model.
Broad incumbents
- PetIQ: Veterinary and wellness services company operating veterinary clinics inside retail partners (e.g., Meijer) and providing preventive pet care. Competes with CareVet in veterinary service delivery, though with a different retail-anchored model.
- Petco (Veterinary Services): National pet retailer operating full-service veterinary hospitals (Petco Veterinary Hospitals) and offering vet services inside stores. Competes with CareVet for pet parent visits and is increasingly pursuing vet hospital network expansion.
- Mars Veterinary Health (VCA, Banfield, BluePearl): The largest global veterinary services consolidator, parent of VCA Animal Hospitals, Banfield Pet Hospital, and BluePearl Specialty + Emergency. Operates a comparable companion-animal hospital network with deeper specialty/emergency capabilities, making it the most relevant scaled competitor to CareVet.
Regional players
- VetStrategy: Canadian veterinary consolidator (now part of IVC Evidensia) owning hundreds of companion animal practices, primarily in Canada. Operates the same independent-practice acquisition model as CareVet but in a different geography, making it a relevant model peer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CareVet social profiles
Digital presenceCareVet compliance and trust
Trust signalCompliance1 record
CareVet financial estimates
Financial estimateRevenue estimate
Valuation estimate
CareVet leadership team
Management profileNumber of profiles
Profiles9 records
CareVet funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CareVet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CareVet
What does CareVet do?
CareVet operates a network of 220+ veterinary hospitals across 30+ U.S. states that deliver comprehensive pet care services including routine wellness, surgery, dental care, and emergency services to pet parents. The company also acquires independent veterinary practices from owner-operators and provides practice transition support, while operating veterinarian career development, learning, and clinical evidence programs internally across the network.
Is CareVet a public or private company?
CareVet is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CareVet founded?
CareVet was founded in 2018. It employs 1,001 to 5,000 people.
Where is CareVet based?
CareVet is headquartered in Clayton, United States, in the North America region.
How does CareVet make money?
One revenue line is on record: veterinary Services Revenue.
Who are CareVet's main competitors?
BluePearl Veterinary Partners is listed as an emerging player. Direct peers are Innovetive Petcare, National Veterinary Associates (NVA), Pathway Vet Alliance, AmeriVet Veterinary Partners and Thrive Pet Healthcare. Broad incumbents are PetIQ, Petco (Veterinary Services) and Mars Veterinary Health (VCA, Banfield, BluePearl). VetStrategy is listed as a regional player.
Does CareVet have an API?
No public API is recorded for CareVet.
What industry is CareVet in?
CareVet's product category is Veterinary Healthcare Services. Its primary akta.pro industry code is AFAEANAA, Companion Animal Veterinary Clinics & Hospitals. Its NAICS code is 54194.