PHILADELPHIA–(BUSINESS WIRE)–November 28, 2022–
Instinct Science, a veterinary practice management software and workflow platform, has announced a significant investment from Mainsail Partners, a growth equity firm investing in fast-growing software companies. Instinct plans to use the funding to accelerate product development and enhance service and support to veterinary hospitals worldwide.
“The veterinary industry, which we care deeply about, faces some unique challenges. At Instinct, our mission is to build software that veterinary teams and teams that run veterinary centers actually love. and be part of the solution,” said Caleb Frankel of VMD, Founder and CEO of Instinct. “As we look back on this exciting milestone, we are always reminded of how much impact Instinct has had on the hospital and take this great responsibility very seriously. With the experience we bring, we look forward to expanding our products and services long-term.This is not just an investment in Instinct, but a confidence in the wider world of veterinary medicine, animal care and future veterinary teams. I think it’s also a vote.”
Instinct provides practice management software, workflow and electronic prescribing tools to the veterinary industry through its innovative Instinct EMR, Instinct Treatment Plan and Instinct Scripts products.
Instinct’s robust platform, combined with a flexible, easy-to-use interface, makes it attractive to veterinary hospitals of all sizes, including corporate-owned centers with multiple locations looking to modernize. The company’s products help veterinary centers automate recharge capture, increasing employee efficiency and staff happiness. Hospitals using Instinct have features such as decision support tools, electronic smart boards, digital treatment sheets and anesthesia management, diagnostic and payment integration, built-in referral management tools, patient safety alert systems, and advanced billing and reporting tools. is available.
Mainsail Partners partner Taylor McKinley said: “As pet owners, we appreciate the importance of pet care being delivered safely and efficiently, and the Instinct team helps veterinary teams and ultimately the lives of pet owners,” McKinley said. We believe we have built a pioneering solution to do better,” he added. “We look forward to working with Caleb and the team to continue building long-term value for leading veterinary centers and their customers.”
The investment will be completed in the first half of 2022 and financial terms were not disclosed.
Taylor McKinley, KC Kanoff and David Gersholowitz have joined Frankel on the Board of Directors. Additionally, Gail Crowell, former software company CEO and veteran board member with extensive experience in operations, sales, marketing, and C-level management of technology companies, has joined the board as his executive chair. rice field.
About instinctive science
Instinct’s practice management platform is the patient nerve center for state-of-the-art veterinary care centers. Founded in 2017 by Frankel and a team of veterinary and technical experts, Instinct has seen over 60,000 users on its platform of veterinary centers across four continents. The company’s suite of products powers many of the industry’s leading university veterinary education centers and multidisciplinary/urgent advanced care centers. For more information, please visit www.instinct.vet.
About Mainsail Partners
Mainsail Partners is a growth equity firm that partners with founders of bootstrap software companies to help them realize their potential. For nearly 20 years, Mainsail has helped executive teams navigate the challenges and opportunities associated with the rapid expansion of software companies. The company includes women and men who are former software company operators who have seen these challenges firsthand. Mainsail provides assistance across a variety of functional areas including Human Resources, Finance, Customer Success, Sales and Marketing, Product Management, and R&D. With offices in Austin and San Francisco, the company has raised over $2.2 billion and invested in over 70 companies. For more information, visit www.mainsailpartners.com or follow the company on LinkedIn.
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The Instinct team can be reached at investorrelations@instinct.vet.
Keywords: Pennsylvania United States North America
Industry Keywords: Health Technology Other Professional Services Data Management Technology Human Resources Finance Practice Management Fintech Professional Services Pets Other Technology Payments Software Veterinary Consumer Health
Source: Instinct Science
Copyright Business Wire 2022.
Published: Nov 28, 2022 10:00 AM / Disc: Nov 28, 2022 10:02 AM
http://www.businesswire.com/news/home/20221128005171/en
Copyright Business Wire 2022.
