DogBuddy is the biggest online marketplace in Europe offering dog-sitting and walking services to dog owners. DogBuddy merged with Bibulu, the biggest market place in Spain and the combined company now operates in many European markets including the UK, Spain, Italy, France, Germany, Sweden, and Norway.
The company vets dog sitters and provides an online marketplace for dog owners to contract dog sitters and walkers. Dog sitters are rated and Dog Buddy is the easy to use platform for contacting sitters, making the on-line payment, and communicating between owners and sitters. It also offers insurance and emergency back-up services and takes a fee in return.
Caphaven chaired the Board of Directors and provided active added value support strategically and operationally.
In November 2018 DogBuddy was sold to Rover, the largest US dog boarding and dog walking market place for a consideration consisting of approximately one third cash and two thirds Rover shares. Based on the latest Rover valuation the partial exit represents a 2x return on the weighted investment made in DogBuddy with further upside potential in the Rover shares.