About Vitable Health
Vitable Health is a company based in Woodlyn (United States) founded in 2019 by Joseph Kitonga.. Vitable Health has raised $23.35 million across 3 funding rounds from investors including Citi, Cherryrock Capital and First Round Capital. Vitable Health offers products and services including Direct Primary Care, Mental Health Services, Virtual Visits, In-Home Visits, and Free Prescriptions. Vitable Health operates in a competitive market with competitors including Hinge Health, Concentra, Accolade, Sharecare and Betterfly, among others.
- Headquarter Woodlyn, United States
- Founders Joseph Kitonga
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Sectors
TechnologyHealthcare
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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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Total Equity Funding
$23.35 M (USD)
in 3 rounds
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Latest Funding Round
$16 M (USD), Series A
Jul 22, 2024
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Investors
Citi
& 9 more
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Employee Count
Employee Count
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Products & Services of Vitable Health
Vitable Health offers a comprehensive portfolio of products and services, including Direct Primary Care, Mental Health Services, Virtual Visits, In-Home Visits, and Free Prescriptions. 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.
Membership for primary care visits addressing common health needs.
Support for mental health through virtual and in-home sessions.
On-demand video consultations for various health concerns.
Provider visits at home for personalized primary care.
Access to over 1,000 free prescriptions for members.
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Funding Insights of Vitable Health
Vitable Health has successfully raised a total of $23.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in July 2024. 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 Series A — $16.0M
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First Round
First Round
(25 Aug 2020)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Vitable Health | Valuation | Cherryrock Capital | |
| Oct, 2021 | Amount | Series A - Vitable Health | Valuation | First Round Capital | |
| Aug, 2020 | Amount | Seed - Vitable Health | Valuation | Y Combinator |
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| 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 Vitable Health
Vitable Health has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Citi, Cherryrock Capital and First Round Capital. 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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Cherryrock Capital is focused on funding transformative software companies.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Investment in retail and financial services technologies.
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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 Vitable Health
| 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 - Vitable Health
| 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 |
Vitable Health Comparisons
Competitors of Vitable Health
Vitable Health 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 Hinge Health, Concentra, Accolade, Sharecare and Betterfly, 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 |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Healthcare services for employee injury care and therapy are provided.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| domain | founded_year | HQ Location |
Employee health and well-being solutions are delivered through a platform.
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| domain | founded_year | HQ Location |
Cloud-based wellness programs are offered for employee health and productivity.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Vitable Health
Frequently Asked Questions about Vitable Health
When was Vitable Health founded?
Vitable Health was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Vitable Health located?
Vitable Health is headquartered in Woodlyn, United States. It is registered at Woodlyn, Pennsylvania, United States.
Who is the current CEO of Vitable Health?
Joseph Kitonga is the current CEO of Vitable Health. They have also founded this company.
Is Vitable Health a funded company?
Vitable Health is a funded company, having raised a total of $23.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Aug 25, 2020.
What does Vitable Health do?
Vitable Health was founded in 2019 in Woodlyn, United States, within the healthcare sector. Booking services for home nurses and lab tests are offered to consumers, with results delivered via email or text message. An X-ray unit is provided for diagnosing and treating sprains. Prescription discounts on drugs are also available through the platform.
Who are the top competitors of Vitable Health?
Vitable Health's top competitors include Accolade, Hinge Health and Wellhub.
What products or services does Vitable Health offer?
Vitable Health offers Direct Primary Care, Mental Health Services, Virtual Visits, In-Home Visits, and Free Prescriptions.
Who are Vitable Health's investors?
Vitable Health has 10 investors. Key investors include Citi, Cherryrock Capital, First Round Capital, Commerce Ventures, and Y Combinator.