Validic

Durham, United States Founded: 2010 • Age: 16 yrs
Data from health devices is aggregated through a unified platform.
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About Validic

Validic is a company based in Durham (United States) founded in 2010.. Validic has raised $31.64 million across 8 funding rounds from investors including Ziegler, Kaiser Permanente Ventures and Arkin Holdings. The company has 128 employees as of December 31, 2022. Validic has completed 2 acquisitions, including Infometers and Trapollo. Validic offers products and services including Remote Patient Monitoring Solution and Health IoT Data Engine. Validic operates in a competitive market with competitors including Human API, ManaHealth, QoC Health, Summatix and Niucare, among others.

  • Headquarter Durham, United States
  • Employees 128 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $31.64 M (USD)

    in 8 rounds

  • Latest Funding Round
    $12 M (USD), Series B

    Nov 14, 2022

  • Investors
    Ziegler

    & 11 more

  • Employee Count
    128

    as on Dec 31, 2022

  • Investments & Acquisitions
    Infometers

    & 1 more

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Products & Services of Validic

Validic offers a comprehensive portfolio of products and services, including Remote Patient Monitoring Solution and Health IoT Data Engine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for remote patient care using EHR and AI insights.

Connects devices to harmonize health data for scalable programs.

People of Validic
Headcount 50-200
Employee Profiles 14
Employee Profiles
People
Drew Schiller
CEO & Co-Founder
People
Jill Morse
VP, People & Places
People
Brian Carter
Chief Operating Officer
People
John Jepsen
CFO

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Funding Insights of Validic

Validic has successfully raised a total of $31.64M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 8
  • Last Round Series B — $12.0M
  • First Round

    (15 Aug 2011)

  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Series B - Validic Valuation Kaiser Permanente Ventures
Aug, 2018 Amount Series B - Validic Valuation Ntt Docomo Ventures
Apr, 2015 Amount Series B - Validic Valuation Kaiser Permanente Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Validic

Validic has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ziegler, Kaiser Permanente Ventures and Arkin Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Tech and Life Sciences focused corporate VC firm investing in the US
Founded Year Domain Location
-
Founded Year Domain Location
Early-stage venture capital investments are made in medical startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Validic

Validic has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Infometers and Trapollo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Remote patient monitoring platform is provided for patient data integration.
2010
Cloud-based patient engagement services are provided by Trapollo.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Validic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Validic Comparisons

Employees
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Competitors of Validic

Validic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Human API, ManaHealth, QoC Health, Summatix and Niucare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of API platform for health data integration
domain founded_year HQ Location
Serves as a platform for patient data unification and portal management in healthcare.
domain founded_year HQ Location
PaaS technology solutions for healthcare patient engagement are provided.
domain founded_year HQ Location
Operates a digital hub for aggregating and managing medical data.
domain founded_year HQ Location
Delivers blockchain solutions for securing healthcare data.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Validic

Frequently Asked Questions about Validic

When was Validic founded?

Validic was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Validic located?

Validic is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

Is Validic a funded company?

Validic is a funded company, having raised a total of $31.64M across 8 funding rounds to date. The company's 1st funding round was a Series B of $12.5M, raised on Aug 15, 2011.

How many employees does Validic have?

As of Dec 31, 2022, the latest employee count at Validic is 128.

What does Validic do?

Validic was founded in 2010 and is headquartered in Durham, United States. A cloud-based platform is operated by the company to aggregate patient-recorded data from digital health applications, devices, and wearables. This data is connected to various healthcare entities, including hospital systems, providers, pharmaceutical companies, payers, health information technology platforms, health clubs, and wellness companies, within the digital health sector.

Who are the top competitors of Validic?

Validic's top competitors include Human API, QoC Health and ManaHealth.

What products or services does Validic offer?

Validic offers Remote Patient Monitoring Solution and Health IoT Data Engine.

How many acquisitions has Validic made?

Validic has made 2 acquisitions, including Infometers, and Trapollo.

Who are Validic's investors?

Validic has 12 investors. Key investors include Ziegler, Kaiser Permanente Ventures, Arkin Holdings, Green Park & Golf Ventures, and Gore Range Capital.

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