K9 was not originally intended to be a companion, but producer Graham Williams liked the concept so much that the decision was made to retain him as a regular character, in order to appeal to the younger members of the audience. The original name for the character was "FIDO" — apparently from "Phenomenal [sic] Indication Data Observation" unit — but it was eventually named K9.
Someday K9 saved the people at the Aurora from being killed by a Federation war cruiser. (PROSE: Peaceniks) When K9 wanted to help a space ship navigating back to New Earth he met Interstitials. These creatures were living in a state relating to the space or time between things. K9 helped them pass into another existence where it was better for them. (PROSE: Interstitials)
K9 stayed with Leela on Gallifrey for many years. It was only after the disappearance of her Time Lord husband, Andred, that Leela and her K9 met Romana II and her K9. The two K9s did not get on well and competed. (AUDIO: Weapon of Choice) After Leela became Romana's bodyguard and after many important missions on her behalf, Leela's K9 was destroyed by an exploding bomb. Leela was heartbroken, but refused to have a duplicate unit built. (AUDIO: Imperiatrix)
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K9, retroactively "K9 Mark I" (Leeson), initially appeared in The Invisible Enemy (1977) as the creation of Professor Marius (Frederick Jaeger) in the year 5000. K9 subsequently travelled with the Fourth Doctor (Tom Baker) and Leela (Louise Jameson) as a companion of the Doctor in his adventures in time and space until The Invasion of Time (1978). In this serial, K9 decides to remain on the Doctor's home planet of Gallifrey with Leela. Immediately afterwards, Doctor Who would introduce a second incarnation of K9, played by the same prop; the last scene of The Invasion of Time shows the Doctor unpacking a box labeled "K9 Mk II".