About Verato
Verato is a company based in Mclean (United States) founded in 2012. It operates as a SaaS (Software-as-a-Service) and Managed Services. Verato has raised $35 million across 3 funding rounds from investors including Bessemer Venture Partners, California Health Care Foundation and Columbia Capital. Verato offers products and services including Verato MDM Cloud, Verato hMDM for Healthcare, and Verato Verify. Verato operates in a competitive market with competitors including Metriport, Artisight, eBlu Solutions, NaviNet and MRO, among others.
- Headquarter Mclean, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Verato
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$35 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series C
Jan 07, 2019
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Investors
Bessemer Venture Partners
& 3 more
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Employee Count
Not available
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Products & Services of Verato
Verato offers a comprehensive portfolio of products and services, including Verato MDM Cloud, Verato hMDM for Healthcare, and Verato Verify.
Identity resolution and enrichment are provided for interoperability.
Healthcare-specific identity management is offered for providers.
Real-time identity verification services are delivered to clients.
People of Verato
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Funding Insights of Verato
Verato has successfully raised a total of $35M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in January 2019. 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 Verato
Verato has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, California Health Care Foundation and Columbia Capital.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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US tech companies are funded across stages by Columbia Capital.
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Private equity firm focused on healthcare and tech-enabled companies
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Investor details for Verato
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Investments & Acquisitions by Verato
Investment portfolio details for Verato
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Financial Statements - Verato
Detailed financials for Verato
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Verato Comparisons
Peer comparison for Verato
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Competitors of Verato
Verato 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 Metriport, Artisight, eBlu Solutions, NaviNet and MRO, among others.
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Provider of interoperability platform for healthcare providers
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IoT solutions for healthcare monitoring and fall prevention are provided.
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Administrative management solutions for healthcare professionals' support programs are provided.
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Healthcare collaboration network for providers and insurers is facilitated.
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Secure PHI exchange solutions are provided for healthcare organizations.
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Detailed competitors of Verato
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Latest news on Verato
Complete news archive for Verato
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Frequently Asked Questions about Verato
Verato was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Verato is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
Clay Ritchey is the current CEO of Verato.
Verato is a funded company, having raised a total of $35M across 3 funding rounds to date.
Verato is engaged in providing identity intelligence solutions through its MDM Cloud platform. The company serves critical industries such as healthcare, financial services, and the public sector. Solutions are designed to deliver accurate identity resolution, data enrichment, and interoperability. Support is provided for customer 360 views, AI initiatives, and cloud transformation. Operations span across complex ecosystems to ensure trusted data for strategic initiatives.
Verato's top competitors include eBlu Solutions, Artisight and Metriport.
Verato offers Verato MDM Cloud, Verato hMDM for Healthcare, and Verato Verify.
Verato has 4 investors. Key investors include Bessemer Venture Partners, California Health Care Foundation, Columbia Capital, and Blue Heron Capital.