News Summary

Romanian-founded pet care software startup Digitail is expanding its Toronto hub following a successful $23 million USD Series B funding round. The company, which has seen its Canadian client base more than double over the past year, aims to enhance digital transformation in the veterinary sector across North America. The funding round was led by Five Elms Capital, with participation from existing investors such as Atomico and Partech. With a third of its team now based in Toronto, Digitail focuses on transitioning clinics from legacy systems to modern digital solutions, including inventory management and appointment scheduling. The startup is also integrating AI tools to enhance data insights for veterinarians. Digitail’s expansion comes amid projections of increasing spending in the US pet-care sector, expected to reach $261 billion USD by 2030.