Lithuanian pet care startup Boop raises €300k, reaches €3M in valuation

Vilnius-based pet care startup Boop has raised €300,000 in a funding round backed by UAB Globalūs Investiciniai Sprendimai. The funds enable the company to venture into new markets, expanding to Poland and Finland. Boop told AIN.Capital the details of the deal.

• Founded in 2021 by Lithuanian entrepreneurs Deividas Celencevičius and Gediminas Geigalas, Boop develops an app that connects pet owners with pet sitters. The owner posts a pet care listing, and nearby caregivers can choose the pet and offer their services at their own rates. The owner then selects from a pool of offers based on experience, previous ratings, and reviews from other owners.
• Additionally, pets can be insured against accidents, illnesses, and damage to others during care. The contract clearly outlines the rights and responsibilities of both owners and caregivers. Boop distinguishes itself from traditional pet boarding services by providing care in either the owner’s or caregiver’s home.

“We recognize the rapid growth of the pet industry and the increasing demand for care services that prioritize pet welfare. We have full confidence in the Boop team’s expertise, and our investment will fuel the successful expansion of their services,”

Žilvinas Skardžius, a business angel, remarks.

• In Lithuania, the app actively serves approximately 15,000 members per month and has over 30,000 community members across the country.
• After the round, the current valuation of Boop stands at €3 million.

“This investment will enable us to expand more rapidly into other countries. We envision Boop becoming the leading pet care provider in neighboring countries and Scandinavia,”

Deividas Celencevičius, one of the founders of Boop, comments.

• The company will use the fresh funds to venture into new markets, expanding to neighbouring countries of Poland and Finland.