NEW YORK — Small Door Veterinary, the membership-based veterinary care company redesigning the pet health experience, has raised $55 million in new capital to support its next phase of growth. The raise includes a $35 million equity financing led by Valspring Capital, with participation from existing investors, Primary Venture Partners, C&S Family Capital, Lerer Hippeau, and Toba Capital, as well as a new $20 million debt facility from Bridge Bank, a division of Western Alliance Bank.
The raise comes on the heels of several significant milestones for the company — including the hiring of Kristen Lombardi, the founding Chief Operating Officer of Veterinary Emergency Group (VEG), as Small Door’s first-ever Chief Operating Officer. In addition, Small Door recently opened two new practices in McLean, VA and Park Slope, Brooklyn, further strengthening its presence in the Northeast and Mid-Atlantic.
Founded in New York City, Small Door operates across the Northeast and Mid-Atlantic.
“We’ve validated our model across multiple cities, and we’ve shown that it’s not just differentiated, but deeply repeatable,” said Florent Peyre, Co-Founder and CEO of Small Door. “This raise gives us the capital — and the confidence — to double down on what’s working. We’ll continue growing in our core markets while preparing for thoughtful expansion into new ones, all with a focus on discipline, sustainability, and member experience.”
“Small Door’s model is one of the most compelling we’ve seen in veterinary care,” said Yumin Choi, Managing Partner at Valspring Capital. “The team has built a category-defining brand with clinical rigor, hospitality-grade service, and a scalable platform. We’re excited to support them as they bring this experience to more pet families nationwide.”
The new capital will fuel continued growth in existing markets, support strategic new openings, and accelerate investments in member services, medical operations, and technology infrastructure — all with a focus on long-term sustainability and operational excellence.
