Abstract— Nowadays, pet ownership is a rising trend. An owner may indeed regard the animal as a companion, a friend, or even a family member. The popularity of pets in the social media motivates people to own pets allowing them to show how well they can relate to pets. Owning a pet has proven to be beneficial to both physical and mental health of the owner. However, the owner’s busy daily life with unpredicted schedule of activities results in the pet not being given a proper care or even being neglected. Based on the foregoing risk of owning a pet, several companies have been prompted to develop robotic pets. Possessing such robotic pets requires minimum attention but still serves the purpose of owning real pets. There are several robotic pets found in the market, but are too expensive and have little to no additional function except to serve as companions. The authors have previously proposed the first version of a robot with customizable functions (CoFiBot) allowing the user to select two modes: pet and firefighting. The need for such additional functions and the recent high demand for the integration of IoT-technology have motivated the development of the second version (V2) of CoFiBot. CoFiBot V2 is equipped with fire detection capability and customizable home monitoring functions. Simultaneously, it can roam freely within the owner’s premises and provides the information on the surroundings via the internet to the owner. As an IoT-based mammal-type robotic pet, CoFiBot V2 is proven to be visually engaging and performs well under functionality and endurance tests. A comparison result between CoFiBot V2 and other research-level or market-ready robotic pets in terms of price and functionality indicates its attractiveness.