An Airbnb-style website is trying to gain more foothold in Australia's fast-growing market for pet services.
Mad Paws was conceptualized after its co-founder and CEO Alexis Soulopoulos pet-sat for a good friend who was struggling to find a place for his labrador to stay while he traveled.
Soulopoulos got together with two entrepreneurs Jan Pacas and Rolf Weber to launch Mad Paws in 2014, and grew it to what they claim as the largest pet services marketplace in Australia today.
Mad Paws just got the vote of confidence of investors, raising $1.1 million in seed funding. The round was participated in by Paul Migliorini, CEO of Amazon Web Services; Michael Doubinski, co-founder of HotelsCombined; Commonwealth Bank Group Executive Matt Comyn; and Macdoch Ventures.
Mad Paws allows people to find local, vetted sitters for their pets, eliminating the guilt of leaving their buddies in kennels while going on holidays. The startup takes a 15% cut of pet sitters' fees.
The startup has registered over 3,500 pet sitters. Tech in Asia asked for other information such as the number of pet owners on the site, transaction volume, and revenue it has booked so far, but Soulopoulos declined to share those.
Soulopoulos said they received the funding from investors in full and would spend it on marketing, as well as growing the team, with focus on customer support. He says they want to understand their users better and improve their services based on their preferences.