About Verato
Verato is a Healthcare company based in Mclean (United States) founded in 2012. Disparate identities are resolved, linked, and privatized via SaaS technology. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Verato has raised $35 million across 3 funding rounds from investors including Bessemer Venture Partners, California Health Care Foundation and Columbia Capital. Its chief executive, as recorded, is Clay Ritchey. Verato offers products and services including Verato MDM Cloud, Verato hMDM for Healthcare, and Verato Verify. Its focus areas include Technology, Data Management, Master Data Management and Health IT. Its competitors include Metriport, Artisight and eBlu Solutions; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mclean, United States
- SectorsHealthcare
- Phone•••• ••••
- Website verato.com
- Social LinkedIn X YouTube
- Legal Name Verato
- Total Equity Funding$35M (USD)
in 3 rounds
- Latest Funding Round$10M (USD), Series C
Jan 2019
- InvestorsBessemer Venture Partners
& 3 more
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.
Apps and channels of Verato
its YouTube channel Verato has 112 subscribers and 30 videos.
Videos from Verato
The most watched videos on Verato's YouTube channel, Verato (112 subscribers). Click a video to play it here.
More on Verato.
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.
- Total Funding $35M
- Total Rounds 3
- Last Round Series C — $10M
- First Round $12.5M
(Jan 2015)
- Investors Count 4
All 3 funding rounds of Verato with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $10M | Series C | – | Bessemer Venture Partners, Columbia Capital | |
| Dec 2016 | $12.5M | Series B | – | Bessemer Venture Partners, Columbia Capital | – |
| Jan 2015 | $12.5M | Series A | – | Bessemer Venture Partners, Columbia Capital | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
US tech companies are funded across stages by Columbia Capital. | colcap.com | Alexandria, United States | ||
Private equity firm focused on healthcare and tech-enabled companies | blueheroncap.com | Richmond, United States | ||
Healthcare sector in California is supported by the private foundation. | 1996 | chcf.org | Oakland, United States |
Investor details for Verato
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- Complete investor list
- Round participation
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People of Verato
38 people are tracked at Verato (21 in leadership, 6 in board & advisors, 11 in team).
| Name | Role | Group |
|---|---|---|
Clay Ritchey | CEO | Leadership |
Douglas Caira | Chief Customer Experience Officer | Leadership |
Joe Hickey | VP of Sales, Provider Markets | Leadership |
Laura Carson | CMO And Chief Of Staff | Leadership |
Avi Mukherjee | Chief Product Officer | Leadership |
Jon Case | VP, Product Management | Leadership |
Jason Bihun | Chief Revenue Officer | Leadership |
Luis Orozco | CTO | Leadership |
Jesus Valencia | Sr. Director, Customer Success | Leadership |
Isaac He | CFO | Leadership |
Joaquim Neto | Chief Strategy Officer | Leadership |
Trevor Janeck | VP, Head of Human Resources | Leadership |
Cheryl Griffin | VP, Professional Services | Leadership |
Allen Goldner | VP, Sales Operations | Leadership |
Nick Orser | General Manager, Healthcare Providers And Hies | Leadership |
Kevin Bellrose | CISO & Senior Director Of Risk & Compliance | Leadership |
Megan D'Arcy | Director, Product Marketing | Leadership |
Rachel Blum | VP Health Tech & Channel Sales | Leadership |
Sid Tayal | VP, DevSecOps | Leadership |
Joshua Firstenberg | Senior Director, Partners And Customers | Leadership |
18 more people are available in the full profile.
Complete people profiles for Verato
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Verato
3 dated milestones of Verato across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Verato is founded.
- Funding First funding round of $12.5M.
- Funding Latest funding round, Series C, of $10.0M.
Competitors of Verato
Verato has 3 listed competitors in our database, 3 of them funded. They include Metriport, Artisight and eBlu Solutions.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| metriport.com | 2022 | San Francisco, United States | $2.4M | Provider of interoperability platform for healthcare providers | ||
| artisight.com | 2017 | Glenview, United States | $42M | 63 | IoT solutions for healthcare monitoring and fall prevention are provided. | |
| eblusolutions.com | 2012 | Louisville, United States | $15.4M | 83 | Administrative management solutions for healthcare professionals' support programs are provided. |
Detailed competitors of Verato
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Verato
The website of Verato (verato.com) receives about 6.4K visits a month.
- Monthly visits6.4K
▲ 18.1% vs previous month
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Verato (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about 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 CEO of Verato, as recorded in our data.
Verato is a funded company, having raised a total of $35M across 3 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on Jan 2015.
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.
Verato operates through Verato.