About Vi
Vi is a company based in New York (United States) founded in 2016 by Omri Yoffe.. Vi has raised $36 million across 3 funding rounds from investors including General Atlantic, Corundum Neuroscience and New Era Ventures. The company has 26 employees as of December 31, 2022. Vi has completed 2 acquisitions, including Alpha Audiotronics and Motus CI. Vi offers products and services including VI Activate, VI Engage, and VI Transform. Vi operates in a competitive market with competitors including Mindbody, Virtuagym, Glofox, Care Line Live and WellnessLiving, among others.
- Headquarter New York, United States
- Employees 26 as on 31 Dec, 2022
- Founders Omri Yoffe
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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 Vi Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
General Atlantic
& 7 more
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Employee Count
26
as on Dec 31, 2022
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Investments & Acquisitions
Alpha Audiotronics
& 1 more
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Products & Services of Vi
Vi offers a comprehensive portfolio of products and services, including VI Activate, VI Engage, and VI Transform. 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.
Lowers acquisition costs using AI for targeted media spend.
Optimizes member enrollment and retention to boost lifetime value.
Leverages AI to enhance operational efficiencies and financial returns.
Unlock access to complete
Funding Insights of Vi
Vi has successfully raised a total of $36M across 3 strategic funding rounds. 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 Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(24 Mar 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - Vi | Valuation | General Atlantic |
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| Jun, 2018 | Amount | Series A - Vi | Valuation | Joy Ventures , New Era Ventures | |
| Mar, 2016 | Amount | Series A - Vi | Valuation | Wellborn Ventures , Cerca Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vi
Vi has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include General Atlantic, Corundum Neuroscience and New Era Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Support is provided for neuroscience research and venture building.
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Founded Year | Domain | Location | |
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New Era Ventures is engaged in technology and retail solutions.
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on SaaS, and healthcare sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vi
Vi has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Alpha Audiotronics and Motus CI. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital marketing and analytics services are provided by MOTUS.
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2018 | ||||
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Wireless earbuds and smartphone charging cases are developed.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vi Comparisons
Competitors of Vi
Vi 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 Mindbody, Virtuagym, Glofox, Care Line Live and WellnessLiving, 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 SaaS-driven business management software for beauty salons and fitness centers
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| domain | founded_year | HQ Location |
Online workout plans and nutrition tracking are offered to users.
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| domain | founded_year | HQ Location |
Provider of gym and studio management software and custom mobile apps
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| domain | founded_year | HQ Location |
Cloud-based platform for home care scheduling and management is offered.
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| domain | founded_year | HQ Location |
Provider of all-in-one business management software for wellness businesses
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| domain | founded_year | HQ Location |
Cloud-based platform for client management in personal training.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Vi
When was Vi founded?
Vi was founded in 2016.
Where is Vi located?
Vi is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Vi?
Omri Yoffe is the current CEO of Vi. They have also founded this company.
Is Vi a funded company?
Vi is a funded company, having raised a total of $36M across 3 funding rounds to date. The company's 1st funding round was a Series A of $16M, raised on Mar 24, 2016.
How many employees does Vi have?
As of Dec 31, 2022, the latest employee count at Vi is 26.
What does Vi do?
Vi was founded in 2016 in New York, United States, as a provider of AI-based software tailored for the fitness industry. Solutions are offered to fitness centers, focusing on member engagement, retention, and lifetime value enhancement. Key products include VIEngage for engagement, VIPlay for content delivery, VICoach for coaching tools, VIMind for mental wellness, and VIMuuv for movement tracking. Operations center on software development and deployment for business optimization.
What products or services does Vi offer?
Vi offers VI Activate, VI Engage, and VI Transform.
How many acquisitions has Vi made?
Vi has made 2 acquisitions, including Alpha Audiotronics, and Motus CI.
Who are Vi's investors?
Vi has 8 investors. Key investors include General Atlantic, Corundum Neuroscience, New Era Ventures, Cerca Partners, and Triventures.