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Cat-sitting startup Meowtel managed to achieve profitability even though it faced challenges securing investment from venture capitalists who were primarily interested in dog-related ventures.

“Since its establishment, the company has mostly stayed under the radar. Petcavich explained that they decided to emerge from this low profile just now because, over the past nine years, the team has dedicated significant effort, developed its brand, and refined its user experience to reach the desired standards.

Meowtel is making a profit and experiencing a 50% annual increase in its gross booking volume revenue. The platform hosts over 2,200 sitters, with some being part of the service for the entire nine-year duration. The company has successfully handled over 95,000 sitting requests, primarily concentrating on major cities like New York and Los Angeles. Now, it’s aiming to broaden its reach to include smaller cities as well.

Meowtel has achieved its current status by securing nearly $1 million in venture capital funding. Half of this amount, $500,000, was provided by angel investors, such as Jason Calacanis’ Launch and Elizabeth Yin, a general partner at Hustle Fund. Further funding was obtained through participation in accelerator programs like Tech Wildcatters and Sputnik ATX. The company last received funding in 2020.