Vital

Delhi, India Founded: 2019 • Age: 7 yrs
Usage-based health insurance is offered to individuals and businesses.
Annual revenue $89,465 Latest available
Total funding $3.9M 4 rounds
Employees - Tracked headcount
Investors 27 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Vital

Vital is a company based in Delhi (India) founded in 2019. Vital has raised $3.87 million across 4 funding rounds from investors including Wellfound, Venture Catalysts and ACG Group. Vital operates in a competitive market with competitors including Hinge Health, Practo, Cerner, ekincare and Castlight, among others.

  • Headquarter Delhi, India
  • Stage Minicorn
  • Sectors
    Financial Services
    Technology Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lifefront Cover Private Limited
  • Date of Incorporation 08 Jan, 2019
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Financial Services → Insurance & Risk Management Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $89.47 K (USD)
    249.23
    as on Mar 31, 2022
  • Net Profit
    -$1 M (USD)
    -108.14
    as on Mar 31, 2022
  • EBITDA
    -$961.04 K (USD)
    -112.4
    as on Mar 31, 2022
  • Total Equity Funding
    $3.87 M (USD)

    in 4 rounds

  • Latest Funding Round
    $65.26 K (USD), Series A

    Aug 25, 2022

  • Investors
    Wellfound

    & 26 more

  • Employee Count
    Not available
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Funding Insights of Vital

Vital has successfully raised a total of $3.87M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $65.26 thousand completed in August 2022. 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 Vital

Vital has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wellfound, Venture Catalysts and ACG Group.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Startup accelerator
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Investments in EdTech and FinTech sectors with a focus on technology-driven growth.
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Investor details for Vital

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  • Investor domains
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Investments & Acquisitions by Vital

Investments
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Investment portfolio details for Vital

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Financial Statements - Vital

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Detailed financials for Vital

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Vital Comparisons

Vital Primary company
Description
Usage-based health insurance is offered to individuals and b...
Location
Delhi, India
Founded Year
2019
Annual Revenue
$89.47 K (USD)
Net Profit
-$1 M (USD)
EBITDA
-$961.04 K (USD)
Employees
Not available
Premium access

Peer comparison for Vital

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Competitors of Vital

Vital 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, Practo, Cerner, ekincare and Castlight, among others.

Company Name Domain Founded year HQ Location Description
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Virtual physical therapy and digital pain care solutions are provided.
Locked Locked Locked
Doctor appointments are booked and healthcare professionals are consulted online.
Locked Locked Locked
Online platform for employee health benefits
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Employee wellness is managed via a digital health benefits platform.
Locked Locked Locked
Cloud-based healthcare provider and pricing data is delivered to enterprises.
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Embedded Earned Wage Access solutions are provided for HR platforms.
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Detailed competitors of Vital

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Latest news on Vital

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Complete news archive for Vital

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Frequently Asked Questions about Vital

Vital was founded in 2019.

Vital is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Vital is a funded company, having raised a total of $3.87M across 4 funding rounds to date.

Annual revenue of Vital is $89.47K as on Mar 31, 2022.

Vital was founded in 2019 in Delhi, India, within the health insurance sector. An online platform is operated to deliver usage-based policies aligned with medical requirements. Medical credit lines are extended for covering health expenses. Reward points are accumulated by users for transactions at hospitals, diagnostic labs, pharmacies, fitness centers, and wellness facilities. Employer-specific insurance options are provided for businesses.

Vital's top competitors include Hinge Health, ekincare and Castlight.

Vital has 27 investors. Key investors include Wellfound, Venture Catalysts, ACG Group, Z Nation Lab, and 100Unicorns.

The valuation of Vital is $12.58M as of Aug 2022.

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