About VitruvianMD
VitruvianMD is a company based in Johannesburg (South Africa) founded in 2017 by Ifthakaar Shaik.. VitruvianMD has raised $659 thousand across 1 funding round from investors including Verge HealthTech Fund. VitruvianMD operates in a competitive market with competitors including Change Healthcare, AIdoc, Cleerly, AI Medical Service and eCential Robotics, among others.
- Headquarter Johannesburg, South Africa
- Founders Ifthakaar Shaik
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$659 K (USD)
in 1 rounds
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Latest Funding Round
$659 K (USD), Seed
Aug 20, 2021
- Investors
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Employee Count
Employee Count
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Funding Insights of VitruvianMD
VitruvianMD has successfully raised a total of $659K through 1 strategic funding round. The most recent funding activity was a Seed round of $659 thousand completed in August 2021. 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 1
- Last Round Seed — $659,000
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First Round
First Round
(20 Aug 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Seed - VitruvianMD | Valuation | VERGE |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in VitruvianMD
VitruvianMD has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Verge HealthTech Fund. 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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Early-stage investments in global healthcare technologies are facilitated.
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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 VitruvianMD
| 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 - VitruvianMD
| 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 |
Vitruvianmd Comparisons
Competitors of VitruvianMD
VitruvianMD 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 Change Healthcare, AIdoc, Cleerly, AI Medical Service and eCential Robotics, 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 |
Cloud-based solutions are delivered for healthcare payers, providers, and patients.
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| domain | founded_year | HQ Location |
AI-based single-screen system is provided to streamline medical imaging.
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| domain | founded_year | HQ Location |
Atherosclerotic plaque is quantified by AI using coronary CT angiograms.
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| domain | founded_year | HQ Location |
Provider of AI-based solution for diagnosis of cancer related lesions
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| domain | founded_year | HQ Location |
Robotic surgery platform for bone procedures is developed.
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| domain | founded_year | HQ Location |
Developer of diagnostic imaging agents and targeted therapeutics
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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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Frequently Asked Questions about VitruvianMD
When was VitruvianMD founded?
VitruvianMD was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is VitruvianMD located?
VitruvianMD is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.
Who is the current CEO of VitruvianMD?
Ifthakaar Shaik is the current CEO of VitruvianMD. They have also founded this company.
Is VitruvianMD a funded company?
VitruvianMD is a funded company, having raised a total of $659K across 1 funding round to date. The company's 1st funding round was a Seed of $659K, raised on Aug 20, 2021.
What does VitruvianMD do?
Founded in 2017 in Johannesburg, South Africa, the company operates in the AI healthcare sector. Patient data, including radiological and pathology images along with symptom lists, is processed by proprietary AI engines. Reports on potential medical conditions, their probabilities, and recommended actions are generated to support clinician decision-making. Operations focus on enhancing diagnostic efficiency through data-driven insights.
Who are the top competitors of VitruvianMD?
VitruvianMD's top competitors include Change Healthcare, AIdoc and eCential Robotics.
Who are VitruvianMD's investors?
VitruvianMD has 1 investor. Key investors include Verge HealthTech Fund.