Pethealth Inc. > Corporate Profile > Corporate History

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Corporate History

1998

1998

Pethealth Inc. is founded by Mark Warren for the purpose of providing financial services to the veterinary and companion animal communities.

1999

1999

Acquires PetCare® Insurance from North Waterloo Farmers Mutual and begins selling pet insurance through PetCare Insurance Brokers Ltd.

2000

2000

Completes $9.76 million in two financing agreements.

2001

2001

Pethealth Inc. is listed on TSX Venture Exchange (PTZ) and completes $3.55 million rights offering.
Enters United States pet insurance market through PetCare Insurance Agency Ltd.
Becomes largest Canadian provider of pet insurance and second largest in North America.

2002

2002

Announces white-label insurance agreement with Union Privilege, the largest union membership organization in the United States.
Raises net proceeds of $4.55 million from issuance of common shares.
Launches ShelterCare® Pet Insurance program, becoming the fastest selling pet insurance line in North America.

2003

2003

Creates Pethealth Services Inc. and the 24PetWatch® brand and announces a strategic alliance with Allflex USA, Inc., the world’s leading provider of RFID microchip technology.

2004

2004

Raises $10-million through a private placement offering of convertible preference shares.
Announces that more than 400,000 dogs and cats have enrolled in the ShelterCare Pet Insurance program, and more than $2.5-million in claims paid since its inception in 2002.

2005

2005

Launches PetPoint® Data Management System for shelter management.
Is named one of Canada’s fastest-growing companies in 17th annual PROFIT 100 ranking.
Announces that the ShelterCare Pet Insurance program has reached more than 600,000 dogs and cats insured, with claims paid to date of over $3-million.

2006

2006

Receives a patent for its Buckslip Lead Generation System.
Expands its underwriting relationship with Praetorian Financial Group.
The Company surpasses 700,000 dogs and cats registered in the 24PetWatch Lost Pet Recovery database.

2007

2007

Graduates to TSX.
Reaches the one million registrations mark for the 24PetWatch Lost Pet Recovery Network.
Extends strategic distribution alliance with PETCO.
Announces that PetPoint is licensed by over 775 animal welfare organizations, and helps manage nearly one million animal intakes and nearly 325,000 adoptions.

2008

2008

Acquires pet insurance intermediary Pet Protect® Limited, entering the United Kingdom market.
The Michigan Humane Society helps PetPoint reach 1,000 licensed animal welfare organizations.

2009

2009

Launches the Petango® brand, reaching over one million unique visitors to its adoptable pet search platform, Petango.com.
Announces the launch of ThePetangoStore.com pet specialty and pharmacy retail site.
Forms alliance with PetSmart Charities® to further the cause of animal welfare.

2010

2010

Launches the PetPoint Report, the first and only national report using aggregate data on pet adoptions and relinquishments affecting animal welfare.
In partnership with over 1,500 animal welfare organizations, the Company surpasses 3-million dogs and cats insured under its ShelterCare Gift of Insurance program.
Announces that over 4-million pets are registered in the 24PetWatch Lost Pet Recovery database.

2011

2011

Partners with Best Friends Animal Society®.
Releases system upgrade PetPoint 4.0.
Launches Petango Petmatch, connecting people with adoptable pets based on personality and lifestyle characteristics.
Since 2009, the 24PetWatch Lost Pet Recovery database more than doubles in size to over 5-million dogs and cats registered.
Releases its First Annual Year-End PetPoint Report, the industry leading gauge of trends in animal welfare.

2012

2012

Launches exclusive distribution of new microchip technology, introducing the MiniChip.
Signs exclusive distribution agreement with Perrigo (formerly Velcera, Inc.).
"Recover a Pet, Uncover a Cure" campaign generates donations of $56,000 to charitable breast cancer foundations.

2013

2013

Introduces The Petango Store for Business, offering wholesale pet supplies and products for use and resale in shelters.
Closes acquisition of PurinaCare’s pet insurance assets.
Announces an extension of its strategic alliance with Allflex USA, Inc. to the end of 2016.
Acquires VetMedsDirect.co.uk, an online retailer of pet pharmaceuticals, pet supplies and pet food that services pet owners in the United Kingdom.

2014

2014

Releases top line and aggregate findings on pet specialty purchasing behavior among new adopters.
Acquired by Fairfax Financial

2015

2015

Announces acquisition of HumaneSolution.com
Announces acquisition of VioVet Ltd.
Announces acquisition of Vestafy