Inspire Veterinary enters non-binding LOI to acquire Vetsie.ai

Inspire Veterinary Partners has entered into a non-binding letter of intent with Vetsie.ai, an Artificial Intelligence software platform designed to empower veterinary professionals with quick, accurate access to critical information on patient conditions, treatments, and medications, to engage in diligence and initial negotiations regarding the terms of a potential transaction whereby Inspire may Acquire Vetsie.ai in an all- stock transaction. This potential equity-only acquisition, if consummated, would be completed without the need for any operating capital infusion from Inspire into the acquired business for the first fiscal year. Vetsie.ai is on a mission to revolutionize the veterinary industry by leveraging the power of artificial intelligence. The company’s AI-powered platform is designed to empower veterinary professionals with quick, accurate access to critical information on patient conditions, treatments, and medications. By bridging the information gap, Vetsie.ai aims to enhance the quality of care, supports informed decision-making, and drives efficiency in pet healthcare globally. Vetsie.ai is backed by notable investors including Leap Venture Studio – Mars Petcare, R/GA Ventures, Michelson Found Animals Foundation, First Fund VC, and White Hibiscus Capital. As the first Canadian company to launch a veterinary-specific AI platform, Vetsie.ai is planning to expand its reach across multiple international markets to establish a global user base.