About Vital
Vital is a company based in Claymont (United States) founded in 2017 by Justin Schrager and Aaron Patzer. It operates as a HealthTech, and SaaS (Software-as-a-Service). Vital has raised $44.9 million across 3 funding rounds from investors including Transformation Capital, Threshold and First Round Capital. Vital offers products and services including Vital Emergency, Vital Inpatient, and Vital Urgent Care. Vital operates in a competitive market with competitors including Syllable, Sensely, Conversa Health, doc.ai and Karuna Health, among others.
- Headquarter Claymont, United States
- Founders Justin Schrager, Aaron Patzer
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Sectors
Healthcare
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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
$44.9 M (USD)
in 3 rounds
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Latest Funding Round
$24.7 M (USD), Series B
Mar 23, 2023
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Investors
Transformation Capital
& 10 more
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Employee Count
Employee Count
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Products & Services of Vital
Vital offers a comprehensive portfolio of products and services, including Vital Emergency, Vital Inpatient, and Vital Urgent Care. 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.
Patient experience technology for emergency department workflows.
Platform for streamlining inpatient care communication effectively.
Technology designed for urgent care patient retention.
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Funding Insights of Vital
Vital has successfully raised a total of $44.9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24.7 million completed in March 2023. 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 B — $24.7M
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First Round
First Round
(24 Apr 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series B - Vital | Valuation | Transformation Capital | |
| Sep, 2021 | Amount | Series A - Vital | Valuation | Transformation Capital | |
| Apr, 2019 | Amount | Seed - Vital | Valuation | First Round Capital , Threshold |
| 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 Vital
Vital has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Transformation Capital, Threshold 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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Healthcare startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Threshold VC firm.
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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 |
| 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 Vital
| 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 - Vital
| 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 |
Vital Comparisons
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 Syllable, Sensely, Conversa Health, doc.ai and Karuna Health, 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 |
AI-based digital assistants for healthcare communication are provided.
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| domain | founded_year | HQ Location |
Conversational AI platforms are developed for enterprise healthcare and insurance.
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| domain | founded_year | HQ Location |
Patient-doctor communication and engagement platform is provided.
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| domain | founded_year | HQ Location |
Cloud and AI-based chatbot for cognitive training is provided.
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| domain | founded_year | HQ Location |
Platform is provided to enhance clinical care management for physicians.
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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 Vital
Frequently Asked Questions about Vital
When was Vital founded?
Vital was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Vital located?
Vital is headquartered in Claymont, United States. It is registered at Claymont, Delaware, United States.
Who is the current CEO of Vital?
Aaron Patzer is the current CEO of Vital. They have also founded this company.
Is Vital a funded company?
Vital is a funded company, having raised a total of $44.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5.2M, raised on Apr 24, 2019.
What does Vital do?
Vital is focused on transforming patient experiences in healthcare settings through advanced technology. The platform integrates with live EHR data and employs AI to guide patients during hospital, emergency, and urgent care visits. Solutions are provided to explain care processes, predict wait times, and simplify discharge instructions. The technology is adopted by over 20 health systems, aiming to improve patient outcomes and satisfaction while allowing more time for medical staff. Services are extended across emergency, inpatient, and urgent care domains with seamless EHR integration and high security standards.
Who are the top competitors of Vital?
Vital's top competitors include Sensely, Syllable and Conversa Health.
What products or services does Vital offer?
Vital offers Vital Emergency, Vital Inpatient, and Vital Urgent Care.
Who are Vital's investors?
Vital has 11 investors. Key investors include Transformation Capital, Threshold, First Round Capital, Threshold-ventures, and Bragiel Brothers.
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