Vamstar

London, United Kingdom Founded: 2019 • Age: 7 yrs
AI platform for automating procurement data in healthcare is provided.
Annual revenue - Latest available
Total funding $11.2M 3 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

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
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  • Phone
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  • Website
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  • Social
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  • Legal Name Vamstar Limited
  • Date of Incorporation 12 Sep, 2019
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
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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.

Product name locked
Category locked
Primary

Offers data science tools for tendering and pricing optimization.

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AI system for enhancing pharmaceutical tender bidding strategies.

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Platform for processing and analyzing market data in life sciences.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
AI-first companies are supported through venture capital investments.
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Early-stage investing and founder support services are offered globally by Antler.
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Venture capital is provided to innovative startups by b2venture.
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Investor details for Vamstar

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Investments & Acquisitions by Vamstar

Investments
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Investment portfolio details for Vamstar

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Financial Statements - Vamstar

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Detailed financials for Vamstar

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Vamstar Comparisons

Vamstar Primary company
Description
AI platform for automating procurement data in healthcare is...
Location
London, United Kingdom
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Vamstar

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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.

Company Name Domain Founded year HQ Location Description
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Provider of an online store for healthcare products
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Temperature-controlled containers for pharmaceutical transport are provided.
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B2B medical supply platform that simplifies procurement for hospitals and clinics by offering a wide range of medical devices, equipment, and consumables
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New and pre-owned medical equipment is retailed online.
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Provider of supply chain logistics solutions and services for pharma and medical devices industry
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Detailed competitors of Vamstar

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Latest news on Vamstar

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Complete news archive for Vamstar

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Frequently Asked Questions about Vamstar

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

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

Praful Mehta is the current CEO of Vamstar.

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

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.

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

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

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

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

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