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PetScreening secures $80 million in Series B funding to expand its pet policy management platform for rental housing. The investment supports workforce growth, product development, and enhanced compliance tools for property managers handling pet and assistance animal policies. With a growing user base and additional services like lost pet alerts, the company strengthens its role in structured pet management across the housing industry.
A Game-Changing Investment in the Rental Housing Industry
PetScreening has secured $80 million in Series B funding to expand its pet policy management platform. The investment round was led by Volition Capital and Guidepost Growth Equity, two firms known for supporting high-growth technology companies. This funding strengthens PetScreening’s position as a key player in the rental housing industry, helping property managers enforce pet policies while ensuring compliance with fair housing regulations.
PetScreening has been operating since 2017 and now serves over seven million rental units across various sectors, including multifamily, single-family, student, affordable, and military housing. The company has facilitated nearly $300 million in pet-related revenue that would have otherwise been lost by property owners. With a growing need for structured pet policies in rental communities, this funding allows PetScreening to expand its offerings and reach.
Why Property Owners and Renters Pay Attention to PetScreening
Managing pet policies in rental housing has long been a challenge for property owners. Varying regulations, pet-related risks, and accommodation requests for assistance animals require a structured approach. PetScreening provides landlords with a centralized platform to evaluate pet-related factors, including breed restrictions, weight limits, and compliance risks.
For renters, the platform simplifies the process of disclosing pet ownership details while ensuring that pet policies are applied fairly across properties. Pet owners submit detailed profiles of their pets, while non-pet owners confirm their understanding of community rules. Assistance animal accommodation requests are also reviewed through the platform, reducing fraudulent claims and ensuring compliance with fair housing laws.
Inside PetScreening’s Multi-Million Dollar Growth Strategy
With the new investment, PetScreening plans to increase its workforce and expand its operational infrastructure. The company currently employs over 135 people and operates from a 32,000-square-foot pet-friendly office in Mooresville, North Carolina. The funding will support additional hiring and product development efforts to meet the growing demand for pet policy management tools.
The company has received recognition for its rapid growth, securing placements on the Inc. 500, Deloitte Technology Fast 500, and Charlotte Business Journal’s Fast 50 lists. By leveraging its industry position, PetScreening aims to strengthen its presence in the rental housing sector while exploring new ways to improve pet compliance solutions.
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The Compliance Advantage: What Sets PetScreening Apart?
Property managers must adhere to fair housing laws while managing pet policies, making compliance a critical aspect of their operations. PetScreening streamlines this process by providing:
- A centralized pet screening database that evaluates risk factors based on property-specific restrictions.
- A verification system for assistance animal accommodation requests to reduce fraudulent claims.
- A standardized approach for enforcing pet policies while maintaining compliance with federal regulations.
The platform offers housing providers a structured way to assess pet-related risks, reducing liabilities and improving transparency in the rental application process. By digitizing compliance efforts, property managers can enforce pet policies more consistently across their portfolios.
More Than Just Pet Policies: PetScreening’s Bigger Vision
PetScreening has expanded its services beyond rental compliance tools. The company launched FidoAlert and TabbyAlert, free pet recovery services designed to help owners locate lost dogs and cats. These services offer nationwide lost pet alerts and unique ID tags that assist in reunification efforts.
To further support pet owners, PetScreening acquired BetterPet.com, a veterinarian-driven content platform. This acquisition strengthens its ability to provide pet care resources and educational materials, reinforcing its role in the broader pet industry. With its focus on both property management and pet owner support, PetScreening is diversifying its offerings while staying aligned with its core mission.
What This Means for Renters, Landlords, and the Industry
Renters gain access to a transparent system that ensures fair pet policies across rental properties. The platform simplifies pet-related documentation, reducing uncertainty and inconsistency in the rental approval process.
Landlords and property managers benefit from a structured compliance tool that minimizes legal risks and improves pet policy enforcement. By integrating PetScreening into their operations, housing providers can standardize pet policies while maintaining regulatory compliance.
The broader rental housing industry sees increased accountability in pet management, leading to fewer disputes and improved operational efficiency. As demand for pet-friendly housing grows, structured compliance tools become essential for balancing pet inclusion with property management needs. The latest investment solidifies PetScreening’s role in shaping the future of pet policy management in rental communities.
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