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CORRECTING and REPLACING Petwealth Emerges from Stealth with $1.7 Million in Funding, Landmark Partnerships, and a Mission to Become the Functional Health Platform for Pets

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CORRECTING and REPLACING Petwealth Emerges from Stealth with $1.7 Million in Funding, Landmark Partnerships, and a Mission to Become the Functional Health Platform for Pets
News

News

CORRECTING and REPLACING Petwealth Emerges from Stealth with $1.7 Million in Funding, Landmark Partnerships, and a Mission to Become the Functional Health Platform for Pets

2026-04-08 01:15 Last Updated At:01:21

MIAMI--(BUSINESS WIRE)--Apr 7, 2026--

Please replace the release with the following corrected version due to multiple revisions in the second paragraph.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260406196969/en/

The updated release reads: 

PETWEALTH EMERGES FROM STEALTH WITH $1.7 MILLION IN FUNDING, LANDMARK PARTNERSHIPS, AND A MISSION TO BECOME THE FUNCTIONAL HEALTH PLATFORM FOR PETS

The Miami-based diagnostics company launches publicly with exclusive partnerships with Kennel Connection and Pawp, bringing clinical-grade pet health intelligence to a rapidly growing industry.

Petwealth, the at-home PCR diagnostics and AI-powered health intelligence platform for dogs and cats, today announced its emergence from stealth mode with $1.7 million raised to date and is currently raising its pre-seed round. The announcement comes as the U.S. pet industry has experienced a surge in growth over recent years, with Americans now spending more than $200 billion annually on their pets, a figure that reflects a fundamental shift in how people think about animal care. Petwealth is purpose-built to meet that moment, bringing clinical-grade diagnostics to a market that has long lacked them. Alongside this milestone, Petwealth unveiled two strategic partnerships: an exclusive diagnostic partnership with Kennel Connection and a telehealth integration with Pawp.

Founded in 2025 by Angelo Palivos following the sudden passing of his dog Mochi, Petwealth provides pets with what has been available for humans: making clinical-grade health data proactive, personalized, and accessible before symptoms appear. Co-founder Zoë Barry joined shortly after the founding, shaping the company's commercial strategy and vision for an industry-wide impact.

“We are not just building a product. We are building the diagnostic infrastructure that the entire pet health industry has been missing. The partnerships we are announcing today are proof that the industry sees it too.”

- Angelo Palivos, Co-CEO and Co-Founder, Petwealth

The Platform

Petwealth operates an industry-best molecular laboratory processing thousands of tests per day. Its flagship product, The Petwealth Pack ($399), combines fecal, oral, and respiratory PCR panels into a single at-home kit with AI-powered health insights delivered in 24 to 48 hours. Individual panels are available at $175 each. The platform serves pet parents, veterinarians, and pet care businesses alike.

Kennel Connection: Exclusive Diagnostic Partner

Petwealth is the exclusive diagnostic partner for Kennel Connection, the leading pet care management software powering more than 5,500 locations across the U.S. The integration brings clinical-grade PCR screening directly into the daily operations of daycares, boarding facilities, groomers, and pet hotels.

“As the Pet Care Industry continues to grow, and more families cherish the lives of their fur babies, I believe it's our job to bring the most innovative and feature rich technology to the industry at large. After hearing Petwealth's story and seeing how this innovative Pet Health Technology is already saving pets lives, it was a no brainer for Kennel Connection to partner with Petwealth.”

- Jeff Brodsly, Owner and CEO, Kennel Connection

Pawp: Telehealth Partner

Through its partnership with Pawp, every Petwealth report connects pet parents to a licensed veterinarian on demand, 24/7, ensuring no one is left to interpret clinical results alone.

“At Pawp, we believe every pet parent deserves access to a veterinarian when it matters most. Partnering with Petwealth means that the moment a parent receives diagnostic results, they can connect with a licensed vet to understand what those results mean and what to do next. That closes a real gap in pet care.”

- Marc Atiyeh, CEO and Co-Founder, Pawp

About Petwealth

Petwealth is a Miami-based pet health diagnostics company founded in 2025 by Angelo Palivos and Zoë Barry. Born from the loss of Palivos' dog Mochi, the company delivers gold-standard PCR testing and AI-powered health insights for dogs and cats, screening 100+ markers across fecal, oral, and respiratory health with results in 24 to 48 hours. Petwealth's mission is to make proactive pet health simple, accessible, and trusted.

www.petwealth.com | press@petwealth.com | partnerships@petwealth.com

As pet care shifts toward prevention, Petwealth introduces a new category: at-home, clinical-grade diagnostics that translate complex biology into clear, actionable insights, with results delivered in under 48 hours.

As pet care shifts toward prevention, Petwealth introduces a new category: at-home, clinical-grade diagnostics that translate complex biology into clear, actionable insights, with results delivered in under 48 hours.

WASHINGTON (AP) — President Donald Trump has repeatedly pushed back deadlines for Iran to cut a deal or open the Strait of Hormuz, but his latest deadline for Tuesday came with his most perilous threat yet: “a whole civilization will die tonight, never to be brought back again.”

Trump's previous deadline was weeks ago, but it was postponed several times as the Republican president oscillated between heated threats, announced delays and proclamations that the negotiations were going well, sometimes in the same statement.

That was true in Trump's Truth Social post before his Tuesday 8 p.m. ET deadline. After threatening a “whole civilization," Trump said Iran's new leaders were more reasonable and “maybe something revolutionarily wonderful can happen, WHO KNOWS?”

Officials involved in diplomatic efforts said talks continued, but it was unclear if a deal would be reached by the deadline, which Trump has suggested was final. Trump raised the ante on his threats from Monday.

“They’ll have no bridges," he wrote. “They’ll have no power plants. They’ll have no anything.”

U.N. Secretary-General António Guterres warned the U.S. that attacks on civilian infrastructure are banned under international law, according to his office. Trump, speaking with reporters, said he's “not at all” concerned about committing war crimes with such attacks.

So how did Trump's deadline delays and threats escalate over the last weeks?

On March 21, Trump posted on Truth Social that the U.S. would “hit and obliterate” Iranian power plants if it did not fully reopen the strait within 48 hours.

Iran had until the evening of March 23.

Then 12 hours before the deadline, Trump took to Truth Social to share what seemed good news: that both countries had productive conversations toward concluding the conflict.

He wrote that he had instructed the Pentagon to postpone any strikes on Iranian power plants and energy infrastructure for five days, to give more time for talks.

That pushed the deadline out to the end of that week.

Before that deadline, on March 26, Trump doubled down on his threats on Truth Social: “They better get serious soon, before it is too late, because once that happens, there is NO TURNING BACK, and it won’t be pretty!”

But later that day, he extended the deadline for 10 more days, to April 6 at 8 p.m. Eastern, and said on Truth Social that negotiations were “going very well.”

On March 30, Trump put out a mixed statement: celebrating progress in the talks with Iran while also expanding his threatened bombing if a deal wasn't “shortly reached,” adding that “it probably will be."

“We will conclude our lovely ‘stay’ in Iran by blowing up and completely obliterating all of their Electric Generating Plants, Oil Wells and Kharg Island (and possibly all desalinization plants!),” he wrote.

It's unclear how soon “shortly reached” meant for Trump, but a deal was not made as the deadline loomed.

“Remember when I gave Iran ten days to MAKE A DEAL or OPEN UP THE HORMUZ STRAIT," Trump said in a Truth Social post on Saturday, "Time is running out - 48 hours before all Hell will reign down on them.” He meant rain down.

As the deadline approached, his posts had doubled down on his threats until Sunday, when Trump pushed it again in an expletive-filled post.

“Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the F——-in’ Strait, you crazy bastards, or you’ll be living in Hell,” Trump said on Truth Social, followed by another post that specified 8 p.m. as the deadline.

Trump then suggested on Monday that Tuesday's deadline would be final, saying he'd already given Iran enough extensions.

“The entire country can be taken out in one night, and that night might be tomorrow night,” Trump said. “We have a plan, because of the power of our military, where every bridge in Iran will be decimated by 12 o’clock tomorrow night.”

By Tuesday morning, Trump had sent his statement saying “a whole civilization will die tonight,” to which he added that “I don’t want that to happen, but it probably will.”

Mojtaba Ferdousi Pour, head of Iran’s diplomatic mission in Cairo, said Iran no longer trusts the Trump administration after the U.S. bombed the Islamic Republic twice during previous rounds of talks.

“We only accept an end of the war with guarantees that we won’t be attacked again,” he told The Associated Press.

The talks were continuing as the 8 p.m. Tuesday deadline — 3:30 a.m. Wednesday in Iran — ticked closer.

President Donald Trump speaks to the crowd during the White House Easter Egg Roll on the South Lawn of the White House, Monday, April 6, 2026, in Washington. (AP Photo/Alex Brandon)

President Donald Trump speaks to the crowd during the White House Easter Egg Roll on the South Lawn of the White House, Monday, April 6, 2026, in Washington. (AP Photo/Alex Brandon)

President Donald Trump departs after speaking with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo/Alex Brandon)

President Donald Trump departs after speaking with reporters in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo/Alex Brandon)

President Donald Trump speaks with reporters during a news conference in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo/Mark Schiefelbein)

President Donald Trump speaks with reporters during a news conference in the James Brady Press Briefing Room at the White House, Monday, April 6, 2026, in Washington. (AP Photo/Mark Schiefelbein)

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