Fundraising Fox

PetLove

4 known investors

Petlove is a Brazilian online retailer of pet supplies that also offers related services for pet owners. It combines e-commerce with subscriptions and other offerings for animal care.

Also known as Petlove · Petlove&Co · PetSuperMarket · PETSUPERMARKET COMERCIO DE PRODUTOS PARA ANIMAIS LTDA

Founders & leadership

TLTalita Lacerda
Talita LacerdainFounder

Investors · 4

Also in the syndicate · 2

Porto SeguroSoftBank

Company profile

researched Aug 2026

Petlove (also referred to as Petlove&Co) is a São Paulo-based digital platform for pet products and services in Brazil. It operates an online store spanning categories such as dry, wet, natural and medicated food, treats and chews, medications and flea/tick products, hygiene items, shampoos and cosmetics, toys, beds, clothing, collars, leashes and harnesses, carriers, training aids and mobility products; the dog category alone lists roughly 9,478 products, and the mobile app advertises access to around 15,000 products.

Beyond retail, Petlove offers a pet health plan (Petlove Saúde) with an accredited network for consultations, exams and procedures, plus boarding, daycare, pet sitting and veterinary services. A recurring-purchase subscription (Repet) lets customers schedule automatic deliveries with a 10% discount, no signup or cancellation fees, adjustable frequency and free chat access to veterinarians; a paid benefits program (Clube Petlove) provides discounts of up to about 20% across categories, free shipping and 15% off boarding, pet sitter, daycare and veterinary services. Delivery options include standard shipping, same-day/express delivery (Petlove Já / Petlove Now, with products delivered within four hours of ordering) and pickup at Petlove stores. The corporate entity behind the app is PETSUPERMARKET COMERCIO DE PRODUTOS PARA ANIMAIS LTDA, based in Brooklin Paulista, São Paulo.

Founding story

The company was founded in Brazil in 1999 as PetSuperMarket by Marcio Waldman, in the early days of the internet, and was later rebranded to Petlove.

Business model

Petlove combines online retail of pet products with recurring subscription purchases, a paid discount/benefits club, a pet health plan and bookable pet services (boarding, daycare, pet sitting, veterinary care), supported by its own logistics and delivery network and physical store pickup points.

Revenue comes from online product sales, recurring subscription orders, membership benefits programs and pet health plan and service offerings.

Traction

Sales grew 65% in 2020 versus 2019. The subscription service saw substantial growth during the pandemic and reached 75% of Petlove's volume, according to CEO Talita Lacerda. The Android app has more than 5 million downloads and about 115,000 reviews with a 5.0 average rating. PitchBook data cited in press coverage put headcount at more than 400 employees in 2021.

Latest developments

In August 2021 Petlove announced roughly $150 million (R$750 million) led by Riverwood Capital, earmarked for expanding its logistics network and express delivery footprint and for growing its subscription program. The company declined to disclose the round's valuation. Its consumer app remained in active development, with an update listed in August 2026.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Positioned as a large Brazilian online pet retailer and pet ecosystem; per its own app listing it describes itself as the largest online pet shop and largest pet health plan in Brazil. Brazil is described as the fourth largest pet market by total spend, with Instituto Pet Brasil putting total Brazilian pet market sales above US$7 billion (R$40 billion) in 2020, up 13.5% year over year, while Petlove grew 65%.

Breadth of an integrated offering that spans product retail, a subscription program described by the CEO as the first of its kind in Brazil, a pet health plan, marketplace-style pet services, and fast four-hour express delivery in select cities.

Technology

Consumer e-commerce web and mobile applications supporting pet profiles, vaccination and antiparasitic reminders, recurring order management, real-time order and delivery tracking, health plan history and co-participation details, and in-app veterinary chat.

Go-to-market

Direct-to-consumer through its website and iOS/Android apps, with promotions, coupons and a discount club, recurring-delivery subscriptions, veterinary chat support, express delivery and in-store pickup.

Brazilian pet owners, primarily dog and cat owners, buying food, medications, accessories and care services online.

Geography

Brazil, headquartered in São Paulo (Av. das Nações Unidas 12901, Brooklin Paulista). Express delivery (Petlove Já) was available in a limited number of Brazilian cities including São Paulo and Belo Horizonte at the time of the 2021 funding round, with plans to expand to further geographies.

History

Founded in 1999 as PetSuperMarket, the company rebranded to Petlove and expanded from online retail into services. It integrated with dog-sitting marketplace DogHero, acquired Vetus and VetSmart, and launched Porto.Pet; press coverage describes the group as formed by combining the Petlove, DogHero, Vet Smart, Vetus and Porto brands. In August 2021 it raised about $150 million led by Riverwood Capital, bringing lifetime funding to a reported $225.8 million, of which more than $192 million was raised from January 2020 onward.

Risks & controversies

App reviewers have reported performance and usability problems, including slow item-by-item cart operations and occasional failures to refresh, to which the company responded that its team was working on improvements. The company declined to disclose the valuation attached to its 2021 round.

Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Android app downloadsAug 20265M+
Android app ratingAug 20265 out of 5 (115K reviews)
Dog category product count on siteJan 20269,478 products
Employees (PitchBook, as cited)Aug 2021more than 400
Funding raised since January 2020Aug 2021over $192 million
Products available via appAug 202615,000 products
Subscription share of volumeAug 202175%
Total funding raised (lifetime, reported)Aug 2021$225.8M
Year-over-year sales growthJan 202065%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 5

launches, deals, and filings
Aug 2021
Petlove raises about $150M (R$750M) led by Riverwood Capital

Petlove&Co announced approximately $150 million in a round led by Riverwood Capital, with Tarpon, SoftBank, L Catterton, Porto Seguro and Monashees participating; proceeds directed at logistics/express delivery expansion and the subscription program. Valuation not disclosed.

$150M source ↗

Jan 2021
Acquisition of VetSmart

Press coverage of the 2021 funding round cites the recent acquisition of VetSmart; Petlove IT publishes VetSmart-branded apps.

source ↗

Jan 2021
Acquisition of Vetus

Press coverage of the 2021 funding round cites the recent acquisition of Vetus as part of Petlove's platform expansion.

source ↗

Jan 2021
Integration with DogHero

Petlove completed a recent integration with pet-sitting marketplace DogHero; the group is described as combining the Petlove, DogHero, Vet Smart, Vetus and Porto brands.

source ↗

Jan 2021
Launch of Porto.Pet

Petlove launched Porto.Pet ahead of its 2021 funding announcement.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does PetLove do?
Brazilian digital platform selling pet products, subscriptions, pet health plans and pet services online.
Who are PetLove's investors?
PetLove's investors include MONASHEES, Softbank Latin America Fund.