About VIT Initiative
VIT Initiative is a company based in Pittsburgh (United States) founded in 2014 was acquired by SWORD Health in October 2021.. VIT Initiative operates in a competitive market with competitors including Tyto Care, Edwards Lifesciences, BioIntelliSense, Endotronix and CoachCare, among others.
- Headquarter Pittsburgh, United States
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Sectors
HealthcareTechnology Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Sword Health
& 2 more
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Employee Count
Employee Count
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Acquired by
SWORD Health
(Oct 05, 2021)
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Funding Insights of VIT Initiative
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(04 Apr 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Seed - VIT Initiative | Valuation |
investors |
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| Apr, 2017 | Amount | Grant - VIT Initiative | Valuation |
investors |
| 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 VIT Initiative
VIT Initiative has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Sword Health, HAX and MassChallenge. 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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Startups are accelerated via a 111-day program with seed funding.
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Founded Year | Domain | Location | |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location | |
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AI-powered digital physical therapy and pelvic health solutions are provided.
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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 VIT Initiative
| 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 |
Financial Statements - VIT Initiative
| 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 |
Vit Initiative Comparisons
Competitors of VIT Initiative
VIT Initiative 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 Tyto Care, Edwards Lifesciences, BioIntelliSense, Endotronix and CoachCare, 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 |
Medical consultations are facilitated via self-exams and remote diagnostic devices.
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| domain | founded_year | HQ Location |
Medical devices for structural heart disease are developed and provided.
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| domain | founded_year | HQ Location |
Vital signs are monitored via a single-use patch and platform.
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| domain | founded_year | HQ Location |
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
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| domain | founded_year | HQ Location |
Remote monitoring platform for tracking patient activity
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| domain | founded_year | HQ Location |
Breath-based metabolism tracker for personalized diet plans is provided.
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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 VIT Initiative
When was VIT Initiative founded?
VIT Initiative was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is VIT Initiative located?
VIT Initiative is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
What does VIT Initiative do?
Founded in 2014 in Pittsburgh, United States, VIT Initiative operates in the industrial safety sector. A wearable device is utilized to monitor workers lifting techniques and physical fatigue. Collected data is analyzed to detect injury risks and contributing factors. The associated platform enables comparisons between historical performance metrics and real-time observations.
Who are the top competitors of VIT Initiative?
VIT Initiative's top competitors include Tyto Care, Endotronix and BioIntelliSense.
Who are VIT Initiative's investors?
VIT Initiative has 3 investors. Key investors include Sword Health, HAX, and MassChallenge.