PetScreening Closes $80 Million in Series B Funding

The company will use growth capital to enhance its products, scale its team and expand market share

MOORESVILLE, N.C., March 6, 2025 /PRNewswire/ -- PetScreening^®, which offers the rental housing industry's first and leading pet policy management software at no cost to property owners and managers, today announced it has received $80 million in Series B funding. The funding round was led by leading technology-focused investment firms Volition Capital and Guidepost Growth Equity. PetScreening will use the funding to continue to grow the company's market presence, build its team and bring innovative products focused on maximizing pet- and assistance animal-related compliance to market.

"We could not be more appreciative of the support of these highly respected growth equity firms," said John Bradford, founder and CEO of PetScreening. "PetScreening has built a clear reputation as the industry's premier pet management and assistance animal compliance platform. We've done this in large part because our solutions and our team offer housing providers unparalleled support in complying with the Fair Housing Act and other applicable regulations. As we move forward, we're excited about our ability to innovate and provide clients even more valuable tools to ensure compliance, reduce risk and manage onsite pet and animal populations."

PetScreening now serves more than 7 million rental units in the multifamily, single-family, student, affordable, manufactured and military base sectors nationwide. Since its launch in 2017, the company has helped owners and operators capture nearly $300 million in pet-related revenue that otherwise would have been lost. Over 1.3 million reasonable accommodation requests for assistance animals have been created through its platform. 

"After an extensive review of the pet management and assistance animal compliance market, it was clear that PetScreening is the category leader," said Chris Cavanagh, General Partner at Guidepost Growth Equity. "The company has built an outstanding reputation among property owners and managers by offering the most sophisticated compliance capabilities in the industry while maintaining a seamless experience for renters. We are excited to partner with John and the PetScreening team as they continue to expand their market leadership."

PetScreening currently has more than 135 employees and occupies 32,000 square feet of modern, pet-friendly office space in Mooresville, N.C. The company, which plans to significantly expand its headcount this year, has been recognized on the Inc. 500 and Deloitte Technology Fast 500 lists, and was included in the Charlotte Business Journal's 2024 Fast 50 ranking. PetScreening also has continued to innovate for pet owners by launching a no-cost, one-of-a-kind "Amber Alert" service for lost dogs (FidoAlert) and cats (TabbyAlert) and acquiring a veterinarian-driven content asset, BetterPet.com.

"PetScreening is pioneering how property managers and pet owners navigate pet policies and risk management," said Roger Hurwitz, Managing Partner at Volition Capital. "The team is executing against its vision of creating a holistic pet management platform for the rental housing market and has quickly become the gold standard in the industry. PetScreening has the domain expertise, market-leading solution and resources to capture this significant untapped market opportunity with its strong value proposition for both operators and consumers."

PetScreening makes it easy for renters to share information about their pets while helping property owners apply pet policies fairly and consistently. Through the PetScreening platform, a rental applicant enters information about their pets into the only centralized pet-screening database to analyze rental housing-related risk. The platform weighs various pet-related factors, including a community's specific restrictions, such as breed, weight and age. This provides property owners with a streamlined process to comprehensively assess a specific pet and pet owner who wants to live at a rental property. Non-pet owning residents fill out a free profile to demonstrate they are aware of the community rules and will adhere to them should they acquire, foster or sit for a pet/animal during their stay. PetScreening also evaluates reasonable accommodation requests for service animals and support animals within the rental housing industry.

About PetScreening
Offering the industry's first and leading pet policy management software, PetScreening helps housing providers manage residents' pets and assistance animals for free while generating opportunities for pet-related revenue. The digital screening platform standardizes risk-assessment for household pets by providing a digital Pet Profile and FIDO Score^® for each pet screened. PetScreening also streamlines the assistance animal accommodation request review process while following HUD guidelines, and it helps limit unauthorized pets. The platform seamlessly integrates with third-party software such as Yardi, OneSite, Entrata, ResMan, Rent Manager, Appfolio, Buildium and many more. As a fast-growing innovator in the rental housing technology space, PetScreening has received multiple awards and honors in recent years, including recognition from the Inc. 5000, Deloitte's Technology Fast 500, the NC TECH Awards and the Charlotte Business Journal's Fast 50. For more information, visit www.petscreening.com.

About Guidepost Growth Equity
Guidepost Growth Equity is a leading core growth equity firm that partners with entrepreneur-led companies utilizing technology to transform industries within application and infrastructure software and tech-enabled and data services. Current and prior investments include ActiveViam (acquired by Nordic Capital), ClassWallet, Lucid (acquired by Cint Group AB), Mineral (acquired by Mitratech), OutSystems, Traction on Demand (acquired by Salesforce), and Tractive. The firm is headquartered in Boston, MA.

Guidepost Growth Equity provides the flexible capital, operational assistance, and strategic guidance necessary to support the continued success of high-growth businesses and has over $1.9 billion of capital under management. For more information, please visit their website. 

About Volition Capital
Volition Capital is a Boston-based growth equity firm that principally invests in high-growth, founder-owned companies across the software, Internet, and consumer sectors. Founded in 2010, Volition has over $1.7 billion in assets under management and has invested in and/or provided sub-advisory advice to more than 60 companies in the United States and Canada. The firm selectively partners with founders to help them achieve their fullest aspirations for their businesses. For more information, visit www.volitioncapital.com.

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SOURCE PetScreening