Vamstar

London, United Kingdom Founded: 2019 • Age: 7 yrs
AI platform for automating procurement data in healthcare is provided.
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About Vamstar

Vamstar is a company based in London (United Kingdom) founded in 2019 by Richard Freeman.. Vamstar has raised $11.2 million across 3 funding rounds from investors including Celltrion, AICapital and Dutch Founders Fund. Vamstar offers products and services including Polaris, Pricing Co-Pilot, Data Orchestration, and Pharma Net Price Tracker. Vamstar operates in a competitive market with competitors including Tomorrow Health, SkyCell, Zoplar, AA Medical Store and Marken, among others.

  • Headquarter London, United Kingdom
  • Founders Richard Freeman
  • Stage Minicorn
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vamstar Limited
  • Date of Incorporation 12 Sep, 2019
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Biotechnology, Genomics & Life Sciences Research
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.2 M (USD)

    in 3 rounds

  • Latest Funding Round
    $9.5 M (USD), Series A

    May 11, 2022

  • Investors
    Celltrion

    & 6 more

  • Employee Count
    Employee Count
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Products & Services of Vamstar

Vamstar offers a comprehensive portfolio of products and services, including Polaris, Pricing Co-Pilot, Data Orchestration, and Pharma Net Price Tracker. 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

Offers data science tools for tendering and pricing optimization.

AI system for enhancing pharmaceutical tender bidding strategies.

Platform for processing and analyzing market data in life sciences.

Monitors net prices and revenue in pharmaceutical markets.

People of Vamstar
Headcount 50-200
Employee Profiles 37
Employee Profiles
People
Shane Walker
Senior Director - MedTech
People
Jagrati Asati
Senior Software Engineer, Python
People
Vinay Pundhir
Python Backend Developer
People
Harsh Mishra
Software Engineer

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Funding Insights of Vamstar

Vamstar has successfully raised a total of $11.2M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.5 million completed in May 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 3
  • Last Round Series A — $9.5M
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Series A - Vamstar Valuation AIC , Dutch Founders Fund
Dec, 2020 Amount Seed - Vamstar Valuation b2venture
Jan, 2020 Amount Seed - Vamstar Valuation

investors

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 Vamstar

Vamstar has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Celltrion, AICapital and Dutch Founders Fund. 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
Investor Description Founded Year Domain Location
AI-first companies are supported through venture capital investments.
Founded Year Domain Location
Early-stage investing and founder support services are offered globally by Antler.
Founded Year Domain Location
Venture capital is provided to innovative startups by b2venture.
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 Vamstar

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

Financial Statements - Vamstar

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

Vamstar Comparisons

Employees
+
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Competitors of Vamstar

Vamstar 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 Tomorrow Health, SkyCell, Zoplar, AA Medical Store and Marken, 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 an online store for healthcare products
domain founded_year HQ Location
Temperature-controlled containers for pharmaceutical transport are provided.
domain founded_year HQ Location
B2B medical supply platform that simplifies procurement for hospitals and clinics by offering a wide range of medical devices, equipment, and consumables
domain founded_year HQ Location
New and pre-owned medical equipment is retailed online.
domain founded_year HQ Location
Provider of supply chain logistics solutions and services for pharma and medical devices industry
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.

Frequently Asked Questions about Vamstar

When was Vamstar founded?

Vamstar was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Vamstar located?

Vamstar is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of Vamstar?

Praful Mehta is the current CEO of Vamstar.

Is Vamstar a funded company?

Vamstar is a funded company, having raised a total of $11.2M across 3 funding rounds to date.

What does Vamstar do?

Vamstar was founded in 2019 in London, United Kingdom, focusing on healthcare procurement. An AI-based platform is utilized for managing purchases, where natural language processing and deep learning extract data from websites, registries, and documents. Interactive dashboards and reports are generated to analyze buyer and competitor behaviors, aiding commercial decisions. AI is employed to match procurement needs with supplier capabilities.

Who are the top competitors of Vamstar?

Vamstar's top competitors include Tomorrow Health, SkyCell and Zoplar.

What products or services does Vamstar offer?

Vamstar offers Polaris, Pricing Co-Pilot, Data Orchestration, and Pharma Net Price Tracker.

Who are Vamstar's investors?

Vamstar has 7 investors. Key investors include Celltrion, AICapital, Dutch Founders Fund, Antler, and Mirae Asset Global Investments.

What is Vamstar's valuation?

The valuation of Vamstar is $32.31M as of May 2022.

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