About Vitech
Vitech is a Financial Services company based in New York (United States) founded in 1986, and was acquired by Majesco in November 2025. Administration software for insurance, retirement, and investments is offered. It operates on a SaaS (Software-as-a-Service) and Managed Services model in Financial Services and Technology sectors. The company has 913 employees. Its chief executive, as recorded, is Richard Hart. Its website vitechinc.com draws about 62 thousand monthly visits. Its Indian entity Vitech Systems Asia Private Limited reported revenue of ₹278 Cr. Vitech offers products and services including V3locity, Data Analytics, Digital Self-Service, Claims Processing, and Campaign Management. Its focus areas include Software, Enterprise Software, Finance and Insurance. Its competitors include Teamshares, DealCloud and Finalis; 3 of its 3 listed competitors have raised funding.
Company details
Vitech is engaged in delivering advanced software solutions for insurance and pension administration. The company operates within the technology and financial sectors, focusing on group insurance, voluntary benefits, worksite insurance, and pension management. Its flagship product, V3locity, is a cloud-native platform powered by AWS, offering scalability, security, and modular architecture. Solutions provided include core administration, data analytics, digital self-service, claims processing, and campaign management. Vitech serves industry leaders by enabling speed, scalability, and transformative customer experiences through automation and real-time data insights.
- Headquarters New York, United States
- Employees 913
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website vitechinc.com
- Social LinkedIn X Facebook
- Acquired by CVC (Jun 2019)
- Legal Name Vitech Systems Sub Llc
- Date of Incorporation 18 Sep, 2003
- Jurisdiction Hyderabad, Telangana, India
Associated legal entities of Vitech
Vitech operates through Vitech Systems Asia Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vitech Systems Asia Private Limited CIN U72200TG2003PTC041718 | Active | 18 Sep 2003 | Hyderabad, Telangana | ₹278 Cr | 913 | 2 | View details |
Products & Services of Vitech
Vitech offers a comprehensive portfolio of products and services, including V3locity, Data Analytics, Digital Self-Service, Claims Processing, and Campaign Management.
Cloud-native platform for insurance and pension administration tasks.
Transforms data using AI for real-time business decisions.
Enables self-service experiences for customers with direct control.
Automates claims management for efficiency and customer satisfaction.
Delivers targeted communications to audiences on preferred devices.
Investors in Vitech
Vitech has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include CVC and Majesco.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mezzanine financing and equity investments are provided by CVC. | 1981 | cvc.com | New York, United States | |
Provider of cloud-based insurance policy management and data analytics solutions for the insurance industry | 2015 | majesco.com | Morristown, United States |
Investor details for Vitech
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Board of directors of Vitech Systems Asia Private Limited (Vitech)
Vitech Systems Asia Private Limited is the primary company behind Vitech. The board of Vitech Systems Asia Private Limited currently have 2 directors; the longest-serving is Santosh Kumar Rout, appointed in 2014. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santosh Kumar Rout DIN 07012350 | Director | 06 Nov 2014 | 11 yrs 11 mo | Vitech Systems Asia Private Limited |
| Manohara Babu Aravapalli DIN 09818753 | Director | 16 Dec 2022 | 3 yrs 10 mo | Vitech Systems Asia Private Limited |
People of Vitech
243 people are tracked at Vitech (73 in leadership, 1 in board & advisors, 169 in team); the tracked headcount is 913.
| Name | Role | Group |
|---|---|---|
Richard Hart | CEO | Leadership |
Barry Redfern | Director Of Product Management | Leadership |
Srikanth Elluri | Director Of Information Technology | Leadership |
Carolyn Shaw | Associate Director | Leadership |
Edward Abdel-Malak | Vice President - Head Of Fp&a And Strategic Finance | Leadership |
Ankit Shah | Director, Solutions Delivery | Leadership |
Mohit Parihar | Senior Director | Leadership |
Chris Androulakis | Associate Director Project Management | Leadership |
Robert Hopps | Chief Information Officer | Leadership |
Julie Dicarlo | Director, Total Rewards, People Operations, & HRIS | Leadership |
Varvara Lvova | Vice President, Solution Delivery | Leadership |
Stephanie Law | Director - Solution Delivery Consulting | Leadership |
Bob Thrall | Chief Sales Officer (cso) | Leadership |
Mary Davis | Vice President Of Product Solution & Strategy | Leadership |
Jyoti Bhabad | Director, Strategic Delivery | Leadership |
Edwin Eun | Director | Leadership |
Pankaj Gupta | Director | Leadership |
Rami Shihadeh | Director, Solution Delivery | Leadership |
Carol Nesti | Director, Strategic Delivery | Leadership |
McKay Scoffield | Director Of Finance And Accounting | Leadership |
223 more people are available in the full profile.
Complete people profiles for Vitech
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Financials of Vitech
Figures of Vitech Systems Asia Private Limited, the primary company behind Vitech, for FY 2025. Revenue was ₹278 Cr (+20% year on year). Net profit was ₹28.35 Cr (10% margin). EBITDA was ₹40.74 Cr (15% margin). Revenue has grown at a compounded annual rate of +16% over three years and +22% over five years.
- ₹278 CrRevenue · FY 2025 · +20% YoY
- ₹28.35 CrNet profit · 10% margin
- ₹40.74 CrEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- 913Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vitech Systems Asia Private Limited are on its company page.
Detailed financial statements for Vitech
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Competitors of Vitech
Vitech has 3 listed competitors in our database, 3 of them funded. They include Teamshares, DealCloud and Finalis.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| teamshares.com | 2018 | Brooklyn, United States | $127.6M | Solutions to sell small businesses | ||
| dealcloud.com | 2010 | Charlotte, United States | $10.07M | Deal-flow management tools are offered for alternative investment firms. | ||
| finalis.com | 2020 | San Francisco, United States | $10.7M | Dealmaking platform with compliant workflows and dealmaker network is offered. |
Detailed competitors of Vitech
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Web traffic of Vitech
The website of Vitech (vitechinc.com) receives about 61.5K visits a month.
- Monthly visits61.5K
▲ 47.7% vs previous month
Websites whose visitors overlap most with Vitech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sungard.com | 100% | View details | |||
| ssctech.com | 71% | 92.8K | #419,314 | View details | |
netagesolutions.com | netagesolutions.com | 66% | – | ||
isisfs.com | isisfs.com | 55% | – | ||
| vermilionsoftware.com | 47% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 19 similar websites and full traffic analytics for Vitech
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Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Vitech (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Vitech
Complete news archive for Vitech
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Frequently Asked Questions about Vitech
Vitech was founded in 1986.
Vitech is headquartered in New York, United States. It is registered at New York, New York, United States.
Richard Hart is the CEO of Vitech, as recorded in our data.
Vitech has 913 employees.
The primary company behind Vitech, Vitech Systems Asia Private Limited, reported revenue of ₹278 Cr for FY 2025, up 20% year on year.
Vitech is engaged in delivering advanced software solutions for insurance and pension administration. The company operates within the technology and financial sectors, focusing on group insurance, voluntary benefits, worksite insurance, and pension management. Its flagship product, V3locity, is a cloud-native platform powered by AWS, offering scalability, security, and modular architecture. Solutions provided include core administration, data analytics, digital self-service, claims processing, and campaign management. Vitech serves industry leaders by enabling speed, scalability, and transformative customer experiences through automation and real-time data insights.
Vitech's top competitors include Teamshares, Finalis and DealCloud.
Vitech offers V3locity, Data Analytics, Digital Self-Service, Claims Processing, and Campaign Management.
Vitech operates through Vitech Systems Asia Private Limited.
Yes. Vitech was acquired by CVC in June 2019.
The legal entities of Vitech currently have 2 directors, including Santosh Kumar Rout, Manohara Babu Aravapalli.