VRI

Franklin, United States Founded: 1989 • Age: 37 yrs Acquired By ModivCare
Vitals monitoring, medication adherence, and medical alert services are provided.
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About VRI

VRI is a company based in Franklin (United States) founded in 1989 was acquired by ModivCare in August 2021.. VRI has completed 1 acquisition, including Healthcom.

  • Headquarter Franklin, United States
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ModivCare

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    ModivCare

    & 1 more

    (Aug 01, 2021)

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People of VRI
Headcount 200-500
Employee Profiles 12
Employee Profiles
People
Jason E. Anderson
CEO
People
Morgan Whitford
Sales Director
People
Jessica Hylander
Vp, Quality & Process Improvement
People
Jennifer Andrews
Director Of Product Management

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Funding Insights of VRI

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Debt – Conventional - VRI Valuation

investors

Mar, 2020 Amount Seed - VRI Valuation

investors

Feb, 2014 Amount Private Equity Round - VRI Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in VRI

VRI has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include ModivCare, Pamlico Capital and Avante Capital Partners. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Pamlico Capital is engaged in private equity investments for growth companies.
Founded Year Domain Location
-
Founded Year Domain Location
Logistics and transportation services are provided by ModivCare.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by VRI

VRI has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Healthcom. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Medical alert, remote monitoring and medication management for coordinated care
1992
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - VRI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vri Comparisons

Employees
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Competitors of VRI

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vri

Frequently Asked Questions about VRI

When was VRI founded?

VRI was founded in 1989 and raised its 1st funding round 25 years after it was founded.

Where is VRI located?

VRI is headquartered in Franklin, United States.

Who is the current CEO of VRI?

Jason Anderson is the current CEO of VRI.

What does VRI do?

VRI was founded in 1989 and is located in Franklin, United States, operating in the healthcare services sector. Vitals monitoring, medication adherence, and medical alert systems are offered nationwide through dedicated products. VRI Connect enables patient connections to care representatives with a single button activation. VRI Mobile Care and VRI Medconnect assist in ensuring medication compliance for users.

How many acquisitions has VRI made?

VRI has made 1 acquisition, including Healthcom.

Who are VRI's investors?

VRI has 3 investors. Key investors include ModivCare, Pamlico Capital, and Avante Capital Partners.

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