MONTREAL — Canadian pet wellness brand Healthybud closed a $1.5 million funding round designed to accelerate the company’s growth across North America. Acting as an agent of the Government of Québec, Investissement Québec led the financing round which also included investments from entrepreneurs and other pet nutrition, marketing, logistics and consumer packaged goods experts.
Healthybud is known for its freeze-dried raw meals and functional treats for dogs. The brand’s formulations include novel superfoods including medicinal mushrooms and adaptogenic herbs.
“We’re incredibly proud to announce this funding milestone — especially at a time when access to capital has become increasingly challenging for startups like ours,” said Kyle Feigenbaum, co-founder and chief executive officer of Healthybud. “The mix of institutional support and private investments underscores widespread confidence in Healthybud’s mission, momentum and leadership.”
Bicha Ngo, president and CEO of Investissement Québec, added, “Investissement Québec is proud to contribute to Healthybud’s growth through this round of financing, which makes it possible to attract private investor partners. Our involvement will enable the company to continue its development and accelerate its commercialization in the North American market.”
Other notable investors included John Hart, founder and former CEO of Eagle Pack Pet Food, and Patrick Meiering, founder of Zuke’s natural dog treats, which was acquired by Nestlé Purina PetCare in 2014.
“Over the time I’ve spent with Healthybud’s founders, Kyle and Dana, I’ve seen their resilience, drive and deep commitment to their vision. They’re exactly the kind of entrepreneurs who can turn a bold idea into a lasting brand,” Hart said. “I invested in Healthybud because they’re in the right category at the right time, bringing something fresh and meaningful to today’s pet parents. I’m excited to see what they’ll achieve with this new investment round.”
Healthybud will invest the new capital into expanding its presence in Canada and the United States by enhancing digital marketing efforts, strengthening key partnerships, launching new products and scaling inventory.
“We’re excited to take Healthybud to new heights, becoming a trusted staple for the next generation of pet parents, as we continue to set new standards in pet wellness and nutrition,” Feigenbaum said.
Healthybud is currently on track to achieve a $10 million annual run rate by the end of 2026, according to the company.
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